Editor's notebook
In the April issue of African Business Magazine, out now, we take a detailed look at how Nigeria plans to build back after the economic ravages of the pandemic. With hopes of a long-awaited recovery in the price of oil and a raft of multi-billion dollar infrastructure projects in the pipeline, Africa's largest economy is again planning a renewal. We interview ministers, tech entrepreneurs and energy pioneers about the future, and ask whether the recovery will be sustainable or prove yet another false dawn. Also in this issue, we look at how Morocco's grounded aerospace sector is bouncing back from Covid-19, investigate how drones and AI are shaping the future of agriculture, and take a deep-dive into the future of sustainable investment. 
Use the discount code APRNL25 at checkout BUSINESS BRIEFS
Taxing times
Some 80% of Nigerian SMEs do not pay their taxes, depriving the Treasury of billions of naira a year. The World Bank’s Doing Business 2020 index ranks Nigeria a lowly 159 for paying taxes. Those who have survived a brutal business environment often struggle to understand why they should contribute to an administration which appears to throw frequent obstacles in their way. Continue reading >>Mixed spirits
Covid-19 has negatively impacted alcohol sales across the continent, but many big industry players remain confident of prospects in what should remain the world’s fastest growing market. How are brewers adapting to the closure of bars and the expansion of the home market? Continue reading >>Ship to shore
Turkish companies are increasingly active in Africa. Energy company Karpowership is supplying energy to African governments from offshore power ships and has plans to roll out LNG-to-power projects across the continent. MD Zeynep Harezi explains the company’s plans. Continue reading >>Tanzania faces up to new future
The sudden death of charismatic Tanzanian president John Magufuli leaves a huge void in the country’s political landscape. What does the appointment of successor Samia Suluhu Hassan, who was sworn in as Tanzania’s first female president on 19 March, mean for the country’s business environment and controversial stance towards Covid-19? Continue reading >>PARTNER EVENT
SAVE THE DATE:
Trade Finance Survey Launch | 15th April 13.00 GMT
Trade finance is the lifeblood of commerce. In April 2020, a month into the pandemic, month on month global trade contracted by 12.1%. In the first survey of its kind, Afreximbank, alongside a number of strategic partners including the UN Economic Commission for Africa and the AfDB's Making Finance Work for Africa, conducted the first continent wide Trade Finance Survey. Join Central Bank Governors, Bank CEOs and industry experts, for the launch of this survey and to understand what banks and African governments do, in a synchronised fashion, to accelerate both trade and growth in the post-containment phase of the pandemic. Register now >>STORY OF THE WEEK
Island intrigue
An extraordinary international legal tussle is unfolding in the unlikely setting one of Africa’s smallest state, the Republic of Cape Verde. Last year, following pressure from the US, it arrested a Venezuelan businessman and is now set to extradite him to the US. The Ecowas Community Court of Justice, however, has ruled that the man be freed. At stake is Africa’s concept of national and regional sovereignty and resistance to big power pressure. Continue reading >>LATEST PODCAST
In this week's podcast, leading development finance expert and Managing Director & Chief Investment Officer at ARM-Harith Infrastructure Fund Tariye Gbadegesin, talks to us about the investment fund's current priorities and how to create a sustainable pathway for Africa’s development. Listen here >>Partner event
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Written by Shoshana Kedem and David Thomas.
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