Search Results for: Mozambique

A UK High Court judge has condemned Emirati-Lebanese shipbuilder Privinvest over its role in the ‘tuna bond’ corruption scandal that landed Mozambique with USD2 billion in hidden debts, crashing its previously buoyant economy in 2016 when it defaulted on an IMF loan.…

Angola may be a hydro-carbon rich country in south-west Africa country, but it is increasing its electrification rate and diversifying its energy sources to meet the United Nations’ Sustainable Development Goals (SDG) (1). That said, experts warn that private investment is urgently needed for this country to maintain this forward-looking policy.…

Despite the impact of climate change, weak domestic markets and under-developed final product processing, Malawi’s farmers still regard dairy production positively and are embracing good livestock husbandry practices to increase return on investment.

Malawians are keen on milk and dairy products, but the sector is currently cannot meet demand to the 19 million population as dairy processing is nascent.…

While the Baltic States’ metal can industry relies largely on imported packaging, the two industries which routinely utilise local production are the beverage (specifically beer), and canned fish industry. While there were far more production facilities today within independent Estonia, Latvia and Lithuania than when these countries were part of the Soviet Union until 1991, the sector has been declining.…

The doomsayers who in 2022 predicted the collapse of cryptocurrency as a major payment instrument have been proved wrong, meaning that AML regulators and obliged entities will need to focus hard to fight the abuse of these digital payment systems by criminals.…

The Great Lakes region in cenztral and eastern Africa is exceedingly resource rich, and being beset by instability and conflict, it is highly attractive for illicit trade and financial crime fuelling money laundering. A new European Union (EU) Great Lakes Strategy is trying to promote the rule of law in the region – notably Rwanda, Burundi, Uganda and the eastern provinces of the Democratic Republic of Congo (DRC) – but faces major challenges.…

South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…

Higher education institutions harmed by a five-years-old Islamist insurgency in Mozambique’s northern Muslim-majority province Cabo Delgado province, are reluctant to restart operations, despite security guarantees from the Mozambican military, and their allied forces from Rwanda and the Southern African Development Community (SADC).…

Kenya remains east Africa’s economic powerhouse and its ability to supply and encourage the region’s paint and coatings sector remains strong. Sales in paints, varnishes, pigments and other related coatings are expected to grow by 2.86% annually until 2028, according to insights from Statista (1), a Germany-based provider of market intelligence and business solutions.…

Isabel dos Santos, once known as the richest women in Africa, and daughter of Angola’s former President. is facing a tightening noose of legal action alleging corruption and embezzlement. Keith Nuthall and Andreia Nogueira report.

The Angola government has ramped up its efforts to arrest Isabel dos Santos, and confiscate many of her assets, following the death of her father, the former President of Angola, José Eduardo dos Santos, last July (2022).…