EY Advocates Reshaping Of Tax Agenda For Nigeria, Other African Countries
Ernst & Young, EY has explained the need for Nigeria and other African countries to reshape its tax agenda in…
Category: Africa
Africa Is Declared Free Of Wild Polio By Certification Committee
Africa was declared free of wild polio on Tuesday by the independent Africa Regional Certification Commission (ARCC) for Polio Eradication.…
Ivory Coast President Ouattara Nominated For Third Term
Ivory Coast President Alassane Ouattara was formally chosen by his party on Saturday to run for a third term in…
South Africa Lifts Toughest COVID-19 Restrictions
South African President Cyril Ramaphosa on Saturday announced that stringent Covid-19 regulations would be eased on Sunday as the country’s…
Angolan Court Sentences Ex-Leader’s Son To 5 Years For Fraud
Angola’s Supreme Court on Friday handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich…
Scare As Africa Number Of Coronavirus Cases Exceed 1 Million
There is panic across the continent as the number of confirmed coronavirus cases in Africa has exceeded 1 million with…
Africa Waits As Virus Sets Back ‘Game-Changer’ Trade Pact
Even before the coronavirus pandemic, intra-African trade was set back by border bureaucracy, long delays at frontiers and countless regulations…
Africa’s Skies Are Badly Polluted
GORéE ISLAND, a former slave-trading hub, is so close to Dakar, Senegal’s capital, that hundreds of amateurs swim out to…
Why Nigeria Is Becoming Africa’s Fastest Growing Forex Trading Nation
One of the forex market’s most attractive aspects is that it provides opportunities for novice and professional traders. Forex trading…
African Supply Bottlenecks Fuel Cobalt Price Surge
Transport delays from South Africa against a backdrop of increasingly robust Chinese demand have fuelled a price rally for cobalt…
AU, African Leaders Urged To Fast Track High-Speed Rail Project
African Union, AU, and leaders of the continent have been urged to fast track implementation of the high-speed rail to…
Africa’s Worst Stock Market Faces More Pain From Bank Earnings
There is no recovery in sight yet for Africa’s worst-performing stock market as investors look to bank earnings this month…
Import Restrictions, FX Fluctuations… Why Shoprite May Be Selling Stake In Nigerian Business
Shoprite, Africa’s largest food retailer, told investors on Monday that it is considering a potential sale of ” all or…
Here’s The Nigerian Who Is Buying Shoprite’s Stake
Shoprite, Africa’s largest food retailer, announced on Monday it is considering selling off its majority share in its Nigerian subsidiary.…
Shoprite Lifted By Sales Jump And Potential Nigeria Exit
Shoprite Holdings could become the latest South African retailer to retreat from other African markets after it said on Monday…
Kenya Airways Resumes International Passenger Flights
Kenya Airways has announced that it has resumed international passenger services following the easing of movement restrictions as directed by…
Kuwait Bans Commercial Flights from 31 Countries Over Covid-19
Kuwait suspended commercial flights from 31 countries on the advice of health authorities, just as the Gulf state re-opened its airport to…
Digital Financial Inclusion – Kenya And Nigeria Case Studies
Digital financial services are both broadening and speeding up financial inclusion in many African countries – a key factor in…
UN Report Finds Migrants Face Violence
A new U.N. refugee agency report on migrants who braved long and often-deadly land routes to Libya has found that…
Panel Led By Ex-Irish President Clears Akinwumi Adesina Of All Allegations
Akinwumi Adesina, president of the Africa Development Bank, has been exonerated of all whistleblower allegations by the independent review panel led by Mary Robinson, former president of Ireland.
Cryptocurrency Use In Africa ‘Growing Very Rapidly’, Says Exchange CEO
Crypto adoption in Africa is lead by Nigeria, South Africa, Kenya and Ghana Crypto volume in Africa reached $16 million…
South Africa Bans Alcohol Sales Again To Combat Covid-19
South Africa has introduced new restrictions, including another ban on alcohol sales, to help contain the spread of coronavirus. A…
Multi-Nationals Finally Recognise Value Of Local Currency Funding
Multi-National organisations, which have long relied on the US-dollar or euro-based funding when doing business in Africa, are increasingly adding…
Zimbabwe Accuses ECONET Wireless Of Money Laundering
Zimbabwean police have accused the country’s largest telecom operator ECONET Wireless of money laundering. They have thus issued a warrant…
Coronavirus Lays Bare S.African’s Toxic Relationship With Alcohol
In few other countries in the world have COVID-19 and alcohol consumption become so dangerously intertwined. With 324,221 cases, South…
In Nigeria, African Researchers Blaze A Trail In Virus Fight
At the time, Africa was almost literally the country cousin in terms of its status in world research, and Happi…
South African Rand Firms As Dollar Wobble Lifts Emerging Currencies
South Africa’s rand firmed early on Monday, helped by increased risk appetite as investors bet again on a global economic…
29 Nigerians Stranded In Lebanon Successfully Evacuated
29 Nigerians who were initially stranded in Lebanon have been successfully evacuated to the country. The Nigerians in Diaspora Commission…
Africa News Update
Ivory Coast Succession | Ivory Coast Prime Minister Amadou Gon Coulibaly died this week, throwing the ruling party into disarray and casting the race to succeed…
Africa Could Have COVID-19 Vaccine In Q1 If Human Trials Work – S.Africa Trial Lead
Africa could have a COVID-19 vaccine in the first quarter of 2021 if human trials underway in South Africa succeed,…