Business Africa
In this new episode of Business Africa, what will happen to the iron ore from Mount Simandou, a project that has been halted halfway through and should eventually enable Guinea to double its gross domestic product?
In Guinea, Mount Simandou is said to contain the world's largest undeveloped iron ore deposit, except that work on the mine has been plagued by scandals for decades. So why is the Simandou mine so important to the Guinean economy and what is blocking its completion?
Factoring services gaining grounds in Africa
Afreximbank and FCI, the global receivables financing organization, are trying to promote factoring in Central Africa. It allows SMEs to have faster access to financing. In Africa, Egypt, Tunisia and South Africa are leaders in this field.
Zimbabwe, Tobacco sales continue to grow
Zimbabwe is one of the six largest tobacco producers in the world. In 2021, the country exported more than 200 million kg, which places it in the top 3 of tobacco leaf exporting countries. Our correspondent Saskia Violette followed the opening of the sales season.
01:15
Second trial over 2009 Guinea stadium massacre concludes in Conakry
01:29
Guinea PM Rejects China's 'Debt Trap' Criticism, Says Africa Must Take Responsibility
00:52
Guinea bans export of raw gold in bid to boost revenues
01:46
Zimbabwe court ruling on constitutional amendments sparks divided reactions
02:20
Back to the roots: Zimbabwe’s traditional food revival gains momentum
11:20
Can African small businesses benefit from China's zero-tariff policy? {Business Africa}