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Recession avoided: South Africa’s economy escaped a technical | Bloomberg

Recession avoided: South Africa’s economy escaped a technical recession in the fourth quarter as fewer power cuts helped energy-intensive industries rebound. https://bloom.bg/49YVCbX

Anti-LGBTQ law:
Ghanaian President Nana Akufo-Addo delays his consideration of an anti-LGBTQ bill after it was challenged in court, postponing a potential showdown with international lenders whose funding is key to the country’s economic recovery. https://bloom.bg/3SVqWkQ

Acquisition talks:
Vivendi’s Canal+ increased its bid for South Africa’s MultiChoice by almost a fifth and entered exclusive talks on acquiring control of the African broadcaster. https://bloom.bg/49Y5l2h

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz