In a significant move to bolster agricultural productivity and ensure food security, Nigeria and Brazil have entered into a $1.1 billion agreement. This collaboration aims to enhance Nigeria’s agricultural infrastructure …
Business Policies
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Business PoliciesEconomyFinance & Services
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AfricaBusiness PoliciesEconomyNigeriaWestern Africa
Tax Reform Set to Eliminate Regulatory Bottlenecks and Boost MSMEs Growth
Policymakers are calling for sweeping tax reforms aimed at removing regulatory bottlenecks that have long stifled business expansion. The push for reform comes as industry players warn that cumbersome tax …
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Business PoliciesEconomyFinance & Services
Economists Criticize SARB’s Decision to Maintain Interest Rates Amid Economic Challenges
The South African Reserve Bank (SARB) recently opted to keep the benchmark interest rate steady at 7.5%, a move that has drawn criticism from economists who believe the central bank …
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BusinessBusiness and EconomyBusiness PoliciesEconomyGOVERNMENTInformation & TechnologyInformation TechnologyNigeriaTechnology
Nigerian Senate Advances Bill Requiring Facebook, Bloggers, and Online Platforms to Establish Offices Locally
The Nigerian Senate has passed the second reading of a bill that seeks to mandate social media platforms, bloggers, and other online content creators to establish physical offices within the …
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BusinessBusiness and EconomyBusiness PoliciesEgyptINVESTMENTNorth Africa
Egyptian Business Landscape Shifts as Reforms Drive Foreign Investment and Market Growth
Egypt’s economic reforms are gaining traction as the country intensifies efforts to attract foreign direct investment and stabilize its financial ecosystem. The Central Bank’s currency adjustments, along with government-driven manufacturing …
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Banking, Finance & InvestmentBusinessBusiness and EconomyBusiness PoliciesCryptocurrencyFinance & ServicesNigeriaTechnology
Nigeria Set to Legalize Cryptocurrency Use While Strengthening Risk Controls
Nigeria is set to redefine its stance on digital assets. A new legislative bill will soon legalize cryptocurrency operations while addressing financial risk concerns. The proposed law aims to regulate …
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AfricaAFRICA NEWSBusiness PoliciesEastern AfricaGOVERNMENTInformation & TechnologyKenyaKenya NewsNewsTechnology
Kenya’s Cybersecurity Threats Surge by 27.2% as DDoS Attacks Spike in Q2 2024/25
Kenya is facing a rising wave of cyber threats, with reported incidents increasing by 27.2% in the second quarter of the 2024/2025 fiscal year. The Communications Authority of Kenya revealed …
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AfricaAFRICA NEWSBusiness Policies
Africa’s Business Heroes Announces Top 50 Finalists for 2024 Prize Competition
by Editorby EditorAfter receiving ~20,000 applications from all 54 African countries, Africa’s Business Heroes (ABH) Prize Competition has revealed the Top 50 Finalists for its 2024 edition. The competition is a philanthropic …
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AfricaAFRICA NEWSBusiness Policies
Africa cashless payment systems confab to focus on building safer economy
by Editorby EditorForeign Investment Network (FIN) will host the 3rd Africa Cashless Payment Systems Conference, Exhibition & Award on September 11-12, 2024, in Lagos. Under the theme “Building a Safer Cashless Economy …
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AfricaAFRICA NEWSBusiness Policies
The Harsh Reality of Minimum Wage Increases, Impact on Business
by Editorby EditorAs the Managing Director of a national contract and specialised cleaning company operating across various sectors including healthcare, industrial, and retail, Johan Gerber is acutely aware of the challenges posed …