Stanley Fischer, said to be the leading candidate for the No. 2 job at the Federal Reserve, offers crisis-fighting experience and a dose of skepticism about efforts to shape expectations on the outlook for interest rates.
Dangote Group, the Nigerian company controlled by Africa’s richest man Aliko Dangote, plans to invest about $16 billion in cement, petrochemicals and agriculture over the next four years to boost expansion.
Pointing at the scorching sun over his village in southern Zimbabwe, Simon Sibaya blames drought, rising fertilizer prices and a lack of government support for leaving 2.2 million of his fellow citizens in need of food aid.
Peter Munk built Barrick Gold Corp. into the world’s largest gold producer by expanding into Africa and South America. Now former Goldman Sachs Group Inc. President John Thornton is betting on China to help revive the beleaguered company’s fortunes.
FastJet Plc, seeking to establish discount flights across sub-Saharan Africa, said it will add a second international route starting Feb. 1, serving the Zambian capital Lusaka from its base in Dar es Salaam, Tanzania.