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World Business Report: First broadcast 25/01/2023 15:32 GMT : The battle for Africa's resources

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The battle for Africa's resources

First broadcast 25/01/2023 15:32 GMT 

First broadcast 25/01/2023 15:32 GMT : The battle for Africa's resources

BBC World Service - World Business Report, The battle for Africa's resources

The US shifts its strategy in Africa as China expands its influence on the continent.

As China continues to increase its influence on Africa, the US shifts its strategy on the continent with an official tour by Treasury Secretary Janet Yellen.

US Treasury Secretary Janet Yellen was on an official tour in Africa as she vows to strengthen ties with the continent. This comes as China continues to increase its influence there.

India's richest man has seen more than 10 billion dollars wiped off the value of his companies. That follows a report by the Hindenberg Research group targeting the conglomerate owned by Gautham Adani. 

The Cairo International Book Fair in Egypt will see attendants be able to buy books in instalments. This is because the price of books continues to increase due to rising inflation. This has lead to some Egyptian authors cutting back on the length of their writing to be more economical.

(Picture: In this photo the US Treasury Secretary Janet Yellen speaks in Zambia. Credit: Reuters)

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First broadcast 25/01/2023 15:32 GMT : The battle for Africa's resources

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