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Spotlight AFRICA CHINA UNITED STATES Investments funds Issue dated 05/05/2020

When Trump confronts China head on, Obama teams up with Alibaba

Barack Obama and Jack Ma at an APEC meeting in the Philippines in November 2015/
Barack Obama and Jack Ma at an APEC meeting in the Philippines in November 2015/ © Jonathan Ernst/Reuters
While the Covid-19 pandemic has exasperated already strained relations between the Trump administration and Beijing, Barack Obama has taken a step in the opposite direction. His foundation quietly sought out the Chinese tech giant Alibaba to work on mutual projects in Africa. [...] (527 words)
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Fitsum Abadi, managing director of Ethiopian Airlines Cargo & Logistics Services.
Fitsum Abadi, managing director of Ethiopian Airlines Cargo & Logistics Services. © STAT Media/Youtube
ETHIOPIA 26/05/2020

Covid-19: Ethiopian Airlines cargo boss Fitsum Abadi dispatches Jack Ma's deliveries 

As the rest of Africa suspended flights in and out of China, Ethiopian Airlines stepped in to relay Chinese humanitarian equipment across the continent. This gave prime minister Abiy Ahmed Ali an opportunity to assert his position as a pan-African leader and is also a testament to the operation coordinator, the company's rising star Fitsum Abadi. [...]
Strive Masiyiwa, the London-based Zimbabwean finance, tech and telecom mogul.
Strive Masiyiwa, the London-based Zimbabwean finance, tech and telecom mogul. © Reuters/Gus Ruelas
ZIMBABWE 15/05/2020

AU-feted mobile money magnate Strive Masiyiwa vilified by Harare 

The African Union may have appointed him to tackle the coronavirus pandemic across the continent, but Strive Masiyiwa does not enjoy the same level of confidence from authorities in his native Zimbabwe. The country's central bank has clipped the wings of EcoCash, Masiyiwa's mobile money business, which plays a key role in the country's economy. [...]
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