South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …
AFRICA NEWSEconomyPolicies
Category:
AFRICA NEWS
- AFRICA NEWSGOVERNMENTINVESTMENTPolicies
Ethiopia Celebrates Diplomatic Milestones, Highlights Gains in Investment, Foreign Relations, and Citizen Welfare
ADDIS ABABA – Ethiopia’s Ministry of Foreign Affairs (MoFA) has announced major diplomatic achievements over the past nine months, describing its performance as a significant step forward in protecting and …
- AFRICA NEWSBusinessHealthcareInnovationNigeria
Beiersdorf Launches Eucerin Skincare Brand in Nigeria, Targets Safe Solutions for African Skin
Beiersdorf, the German multinational behind NIVEA, has officially introduced its popular dermatological skincare brand, Eucerin, into the Nigerian market. The brand, known globally for its science-backed solutions, made its debut …
- AfricaAFRICA NEWSBusinessEnergyINVESTMENTNigeriaWestern Africa
Over $5bn Invested in Gas Sector Within One Year – NGA President
The President of the Nigerian Gas Association (NGA), Mr. Akachukwu Nwokedi, has revealed that more than $5 billion has been pumped into Nigeria’s gas sector in the last one year. …
- AFRICA NEWSBusinessEconomyEnergyGlobal NewsInternational RelationsNewsNigeriaOil & Gas
OPEC cuts global oil demand growth forecasts over US tariffs
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …
- AFRICA NEWSEconomyGOVERNMENTReal Estate
Lagos Govt Moves to Curb Arbitrary Rent Increases, Calls Out Quack Estate Agents
The Lagos State Government has warned estate agents and property managers to desist from illegal and excessive charges that go against the state’s real estate laws, while promising support for …
- AFRICA NEWSBusiness and EconomyDevelopmentEastern AfricaEthiopiaFinance & ServicesTrade and Commerce
Ethiopian Economists Urge Transparent Forex Market to Control Rising Inflation
Economists under the Ethiopian Economics Association have advised the government to increase transparency in the foreign exchange market to help reduce the steady fall of the Ethiopian Birr. They warned …
- AFRICA NEWSBusinessBusiness and EconomyEastern AfricaEconomyEthiopiaGOVERNMENTINVESTMENT
Ethiopian Government Issues 40 Permits to Foreign Firms in Retail and Trade Sectors
The Ethiopian Investment Commission (EIC) has announced the approval of 40 foreign investment permits in the retail, wholesale, import, and export sectors—sectors that were previously closed to foreign investors. Mr. …
- AfricaAFRICA NEWSAgricultureBusiness and EconomySecurity
Africa’s Booming Economy Faces Data Crisis, Food Security Drive in Congo, and Violence-Hit Businesses in DRC
Despite its growing population, expanding middle class, and rising entrepreneurial spirit, Africa continues to face a major roadblock to investment and sustainable growth: the lack of reliable data. Bernard Laurendeau, …
- AfricaAFRICA NEWSAgricultureDevelopmentPoliciesTechnology
Title: Farming with Phones: African Smallholder Farmers Struggle to Embrace Digital Tools Despite Optimism
A new report has raised questions about the real impact of digital technology in farming across Africa. While mobile phones and internet access have spread widely, many smallholder farmers still …