Features

LAGOS (Capital Markets in Africa) – Italy will urge European Union leaders to push for setting up centres to process would-be migrants south of Libya’s border, Interior Minister Matteo Salvini said during a visit to the north African country. “Italy and Libya cannot be the only countries bearing the costs of migration,” Salvini told reporters, adding that Italy would propose the creation of “identification centers” at the EU summit in Brussels due on Thursday and Friday….

KINSHASA (Capital Markets in Africa) – Former Democratic Republic of Congo Vice President Jean-Pierre Bemba will go home next month, a party official said, after the political heavyweight’s acquittal of war crimes convictions delivered an unexpected twist to this year’s elections. The 55-year-old politician’s return presents President Joseph Kabila and his ruling coalition with a rival they expected to still be behind bars at the International Criminal Court in The Hague. And if Bemba fails to agree partnerships with…

JOHANNESBURG (Capital Markets in Africa) – Tiger Brands Ltd. is considering North African nations among expansion targets as the continent’s biggest listed packaged-food maker looks for growth outside its home market of South Africa. The company is still developing its ‘rest-of-Africa’ strategy, which has been delayed by about six months as management dealt with one of its plants having been linked to South Africa’s listeriosis infection crisis, said Chief Executive Officer Lawrence Mac Dougall. Tiger Brands,…

JOHANNESBURG (Capital Markets in Africa) – Tiger Brands Ltd. may never know how a strain of bacteria linked by the government to the world’s deadliest outbreak of listeriosis entered its South African factory. Africa’s largest listed packaged-food maker has spent the past three months testing and cleaning the Enterprise processed-meat plant in the northeast of the country that was identified by Health Minister Aaron Motsoaledi as the source of the deadly crisis. More than 200 people in…