Africa Public Radio

Glooming Business Confidence in SA And $10 billion China Deal To Mine Bauxite in Ghana

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Ethiopia, Africa’s second-most-populous country, and the continent’s fastest growing economy are inviting big business to cash in. Business confidence in South Africa eased in May, putting a further damper on the gloomy economy, following worse-than-expected first-quarter gross domestic product figures on Tuesday. Ethiopia, Africa’s second-most-populous country, and the continent’s fastest growing economy are inviting big business to cash in. The deal between the Central Bank of Nigeria and Peoples Bank of China to exchange N720 billion for 15 billion Chinese Renminbi (Yuan) in three years under the U.S.$2.5 billion bilateral currency swap is said to strengthen the Nigerian Naira by reducing the demand for USD. This week in our Africa Chat segment we are discussing with Gloria Otieno Muka Founder & CEO Recours Four Kenya, an HR Services firm. Gloria has recently been listed on the Forbes 30 under 30 entrepreneurs in Africa to watch; she's sharing with us how she became an entrepreneur Become a supporte