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Ethiopia
Central bank turns up heat on TPLF's khat baron backers

The deputy governor of the National Bank of Ethiopia has sent a letter to the heads of all the country's commercial banks ordering them to close the accounts and freeze the assets of businessmen figuring on its list of suspected TPLF supporters. [...]
Published on 28.01.2021 at 05:00 GMT Reading time 2 minutes
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Further reading

In Focus | Africa, Russia
Russia's BPC group aims to tighten its grip on African banks' e-money systems

As mobile payment continues to develop rapidly in Africa, one of the groups best positioned to take advantage of the boom is a little known company operating out of Switzerland, Dubai and Russia. BPC Banking Technologies is one of the pearls of Russian technology like anti-virus producer Kaspersky and, although it is officially private, it has the backing of Russia's leading state-owned bank.

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In Focus | Southern Africa
Southern Africa's other green revolution

The slow legalisation of the use of cannabis for medicinal purposes, which got under way in Canada and the United States in 2016, has started a veritable agricultural revolution in Africa. From the mountains of Lesotho to the South African coast, taking in Malawi and Zimbabwe, the sector's major operators have set up partnerships with local entrepreneurs able to oversee plantations and talk to governments about the liberalisation of a form of cultivation which is still largely forbidden on the continent.

LogoSubscribers only Business 19.10.2020
Legal exploitation of cannabis for medical use.

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  2.  Eastern Africa and the Horn 
  3.  Central bank turns up heat on TPLF's khat baron backers 
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