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 …
Business Policies
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 …
South Africa has extended by two months a deadline for companies to reach financial close for projects aimed at adding emergency generation capacity to end nationwide blackouts, according to people …
Kenya to begin exporting its goods duty-free outside of the East African Community (EAC) bloc after a deal was reached on tariff lines that will exclude up to 88 per …
(Bloomberg) — When Zimbabwean businessman Nigel Chanakira asked 100 chief executive officers at a seminar in Harare on Jan. 27 if they were willing to use the local currency, only …
Countries in sub-Saharan Africa will need to invest 1.5 times or more than advanced economies as a share of GDP today to support economic development and build low-carbon infrastructure to …
South Africa’s growth predictions for 2022 have been lowered by the International Monetary Fund (IMF) due to a poorer-than-expected second half in 2021 and a weaker outlook for investment, as …