Tag: coronavirus outbreak

Amid Covid-19, Mo Ibrahim Urges More African Access to IMF Reserves

These were the words of Sudanese billionaire Mo Ibrahim, ‘‘Poor African nations should be allowed to borrow more from the International Monetary Fund’s reserves to help mitigate the economic impact of the…

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Oil companies face maintenance worry on Nigerian oil assets

The effect of the coronavirus pandemic is causing maintenance worry for most oil and gas companies operating in Africa’s biggest oil-producing country, storing up problems for an industry already reeling…

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Warner Music Group resurrects its $1.8 billion IPO plan after canceling deal on coronavirus risks

Warner Music Group plans to list 70 million shares on the Nasdaq exchange, reviving IPO plans that were first canceled amid the coronavirus outbreak. The label giant plans to sell…

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