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Africa Business News

Africa Business News

By: Africa Business Radio
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 Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.Copyright Africa Business Radio Politics & Government
Episodes
  • Trump Says He’s Found A Buyer For Tiktok

    Trump Says He’s Found A Buyer For Tiktok
    Jul 5 2025
    President Donald Trump says a group of very wealthy people is set to buy short-form video app TikTok. Trump declined to share more details about the buyers, saying only that he would reveal their identities in two weeks Trump has repeatedly delayed a bill forcing owner ByteDance to sell the app or see it banned in the United States. In January, he said his “initial thought” was to create “a joint venture between the current owners and/or new owners whereby the U.S. gets a 50% ownership.” He’s also says he was open to allies Larry Ellison or Elon Musk buying the app, although Musk seems like a less likely candidate now.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
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    1 min
  • Ethiopia To Allow Foreign Banks For First Time In 50 Years

    Ethiopia To Allow Foreign Banks For First Time In 50 Years
    Jul 5 2025
    Ethiopia’s central bank has issued a long-awaited directive allowing foreign banks and investors to formally enter its financial sector, marking a major step in the country’s broader economic liberalisation programme. Analysts say the move could inject new capital, boost competition, and accelerate the development of a sector that remains heavily dominated by the state-owned Commercial Bank of Ethiopia. The new licencing rules were published by the National Bank of Ethiopia, will provide a clear regulatory path for foreign banks to set up subsidiaries, open branches, or establish representative offices in the country. Foreign strategic investors can also acquire stakes in existing local banks, with individual ownership capped at 30%, and total foreign ownership capped at 40%.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
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    1 min
  • DR Congo and Rwanda sign long-awaited peace deal in Washington

    DR Congo and Rwanda sign long-awaited peace deal in Washington
    Jul 5 2025
    Rwanda and the Democratic Republic of Congo have signed a peace deal in Washington aimed at ending decades of devastating conflict between the two neighbours, and potentially granting the US lucrative mineral access. The deal demands the "disengagement, disarmament and conditional integration" of armed groups fighting in eastern DR Congo. US President Donald Trump says the violence and destruction comes to an end, and the entire region begins a new chapter of hope and opportunity

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    1 min
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