Newspaper focuses on African business

A group of African, French and Swiss investors have launched Les Afriques, a weekly business newspaper examining the African economy, according to a story on the Arab Press Network.

It will be distributed in Africa and Europe.

The story stated, “The direction of Les Afriques is coordinated between three offices in Africa, each overseeing its own specialized topic. An office in Casablanca, where African derived products first appear on the stock exchange, directs Finance, while the office in Algiers oversees Economics and Politics, leaving Public Management and Cooperation to be directed in Dakar.

“Additional offices in other African countries will be set up in September. The direction of Les Afriques says that such a structure offers a solid network of correspondents and experts in finance and economics both in Africa and abroad.

“‘Being produced in three offices in Africa guarantees both the topicality and the anchoring of the African information which we disseminate. Africans on the continent, the African Diaspora, friends of Africa and all those interested in Africa will be able to find answers to the financial questions they raise concerning Africa as well as background information necessary to form their own opinion,’ Chérif Elvalide Seye, Director of Public Management and Cooperation in Dakar, told RAP 21.”

Read more here. The paper will need to open offices in South Africa — the continent’s largest economy — if it truly wants to cover African business.

In addition to the Financial Times being distributed in South Africa, there are two daily newspapers in the country — Business Report and Business Day.