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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
  • US, China To Publish Details Of ‘Substantial’ Trade Talks In Geneva
    May 13 2025
    The US and China will give details of “substantial progress” touted by Washington on trade talks aimed at ending a devastating tariff war launched by US President Donald Trump that has wiped billions off equities and brought chaos to international commerce. US Treasury Scott Bessent and Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and international trade representative Li Chenggang for closed-door talks in Geneva on Saturday and Sunday. Both sides sounded an optimistic note after the talks ended on Sunday, without providing many specifics, with the White House calling it a new “trade deal”.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
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    1 min
  • Putin Proposes Direct Ukraine Talks, Quiet On 30-Day Ceasefire
    May 13 2025
    Russian President Vladimir Putin proposed direct negotiations in the coming days to end the conflict in Ukraine but did not address a 30-day ceasefire proposal drawn up hours earlier by European allies of Kyiv, reportedly with US backing. Putin proposed direct talks with Ukraine in Istanbul on May 15 — hours after Kyiv and the leaders of France, Germany, Britain and Poland had called for an unconditional 30-day ceasefire to start on Monday. Russian and Ukrainian negotiators held direct talks in Istanbul in the first weeks of the conflict, but failed to agree to halt the fighting, which has been raging ever since. Putin says he was committed to serious negotiations with Ukraine and that he wanted talks to “eliminate the root causes of the conflict and to establish a long-lasting peace.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
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    1 min
  • Safaricom Ethiopia cuts losses by 65% in 2024
    May 13 2025
    Safaricom Ethiopia, the subsidiary of Kenya’s largest telecom operator, narrowed its losses by 65% to $165.7 million in 2024. The group company posted an 11% jump in 2024 full-year profit to $540 million, buoyed by stabilising losses from its Ethiopian expansion and steady growth in mobile money and data in Kenya. Safaricom is laying the rails for mobile money dominance in a country where 90% of transactions are still cash-based.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
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    1 min

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