Stocks Slide - VW in Africa - Rampant Corruption
Prime Minister Abiy Ahmed is transforming Ethiopia at a breathtaking pace. Germany is already making plans to work closer with the country it regards as a strategic partner.
Had he listened to his grandfather, Lloyd Melusi Maphosa would probably be a lawyer now. But the 29-year-old PhD student knows that he made the right choice in studying history.
After more than a century in the US blue-chip stocks index, the slumping industrial giant will lose its place to pharmacy chain Walgreens Boots in a shift highlighting the fundamental change in the US economy.
Gridlock is a challenge for fast-growing urban Africa, where the middle class is acquiring more cars. In Rwanda, the German car maker Volkswagen is trying out an alternative transport system.
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