Maria Ramos is on the verge of tears as she recalls the leader who inspired her to handle the biggest challenge of her career: the sale of Absa, the South African bank, in 2017 by its former parent, Barclays. The move marked the end of the British bank’s centuries-long presence in Africa. “I learned a […]
Tag: Africa's
South Africa's land expropriation law: 'Devastating' for the country?
The proposed amendment to the South African constitution that will see farmers’ land being seized without compensation will scare away foreign investors and imperil food security, head of Transvaal Agricultural Union told RT. South African President Cyril Ramaphosa on Tuesday announced that the ruling African National Congress (ANC) would formally introduce an amendment into the […]
South Africa's Two Traceys Help Lift Women Out of Poverty
When Lungile Sithole was 11, her mother killed herself. Four years later, her grandmother died, and Sithole says her “world came to an end.” Soon after, while still in high school, she moved in with her boyfriend, got pregnant and endured nine years of an emotionally abusive relationship. Shortly after Sithole left her boyfriend, things […]
The Reverse 'Migration' Fueling Africa's Soccer Hopes
M’Baye Niang had come onto the field just seconds earlier, following treatment for an injury, when he saw the chance of a lifetime. Poland, seemingly unaware that Niang was back on, played the ball to their goalkeeper. Niang, born to Senegalese immigrants in north-central France, raced after the ball, tickled it past a defender and […]
Africa's Airlines Aim to Connect the Continent
As an overseer of all security for U.N. peacekeeping missions around the world, Ken Payumo must make at least one stop each year in seven sub-Saharan African countries, from Liberia to South Sudan. When booking flights, he has several choices — none of them pretty. To fly to the Central African Republic from Chad — […]
Can His Online Courses Fix Africa's Food Insecurity?
The idea came to him on a bus in Rionegro, Colombia. Howard Blight was traveling with a delegation of South African avocado farmers when conversation turned to a hotel back home that was up for sale. “We should buy it,” said one farmer. “And turn it into an agricultural college!” said another. What sounded like […]
Meet Africa's Youngest Billionaire
You may not know their names, but the world’s Little-Known Billionaires wield a hidden economic clout. Read more of this OZY original series. I first reach Mohammed “Mo” Dewji — the wealthiest man in Tanzania — through Twitter (a fact that’s hardly surprising when you learn he has about 662,000 Facebook followers). When we connect […]
Africa's New Barriers for Foreign Mining Firms
Germany’s public broadcaster Deutsche Welle joins forces with OZY to pique the curiosity of globally minded readers. Tanzania’s president John Magufuli does not need any more opponents than he already has. Since taking office, he has contended with critical journalists, lazy officials and the European Union. But the temperamental president, nicknamed “bulldozer” by some of […]
How Cashew Apple Juice Became Africa's New Power Drink
Cashews are Africa’s most beloved cash crop — well, after cocoa — but they leave a trail of heartbreak too. The continent produces 57 percent of the world’s favorite kidney-shaped snack, but 90 percent of the crop is exported raw and processed elsewhere, creating jobs and wealth that should be staying in Africa. Worse still, […]
This electric car prototype is built for Africa's rural roads
With few exceptions, most electric cars are delicate, expensive creatures designed for paved streets and well-heeled early adopters. And that makes them ill-suited to rural Africa – many roads away from the cities aren’t paved at all, and just about any EV would be out of reach. That’s where the Technical University of Munich comes […]