Pfizer made nearly $37bn (£27bn) in sales from its Covid-19 vaccine last year – making it one of the most lucrative products in history – and has forecast another bumper …
Business Policies
- Business PoliciesGlobal News
China far ahead of US, West in infrastructure funding for Sub-Saharan Africa
China’s development banks provided US$23 billion in financing for infrastructure projects in Sub-Saharan Africa from 2007 to 2020, more than double the amount from similar lenders in the United States, …
The Nigerian economy is rebounding from a historic downturn according to the International Monetary Fund (IMF), thanks to government policy support, rising oil prices, and international financial assistance. The IMF …
- Business PoliciesWestern Africa
Nigeria: Presidency bemoans bureaucratic, regulatory challenges to EODB
The Presidential Enabling Business Environment Council (PEBEC) has expressed dissatisfaction over several bureaucratic and regulatory challenges at all arms and levels of government, attributing them as barriers to conducting business …
Sundar Pichai, CEO of Google, disclosed during the African Union Summit Business Forum on Monday that the continent is moving toward a digital transformation. “Africa is increasingly becoming a place …
Mr Andrew Nevin, Financial Services Leader and Chief Economist at PwC Nigeria, has indicated that in order to sustain the Nigerian economy, the federal government must unlock dead assets across …
With less than two weeks to go until the sixth EU-African Union summit, European Union members remain split on how to come up with a financial package able to rival …
- AfricaBusiness PoliciesEastern Africa
Artificial Intelligence can fuel Africa’s economic recovery in 2022
Over the past 2 years since the Covid-19 pandemic started, Africa’s economy has contracted by 2.1% and regional growth is expected to be muted in 2022 compared to 2021. Economic …
The Executive Director of the General Authority for Economic and Free Zones (GAFI), Mohamed Abdel Wahab, met with Oka Hiroshi, the Japanese Ambassador to Cairo, this week to discuss ways …
- Business PoliciesSouthern Africa
A message to Ramaphosa from one of South Africa’s biggest alcohol groups
The National Liquor Traders Association has called on the government to keep taxes unchanged in the February 2022 budget, citing unaffordability issues. The association, which represents over 39,000 liquor outlets …