Business policy news from Africa: regulation, tax, trade rules and government decisions that affect companies and investors.
Egypt has awarded eight oil and gas exploration concession areas in the Mediterranean, the Western Desert, and the Gulf of Suez to international oil companies. The areas were awarded to …
Eastern Africa received the lowest foreign direct investment (FDI) in 2020 compared to its western and southern Africa counterparts, mostly due to policy bottlenecks and rising political tensions, like those …
The Mauritius Commercial Bank (MCB) has been licensed by the Dubai Financial Services Authority to provide Advising and Arranging services. Sebastian Graewert has been appointed as the Senior Executive Officer …
Kenya loses up to Sh33 billion to insurance fraud in the medical segment alone, the Rural Private Hospitals Association has said, pointing out to weak systems and collusion. This is …
Kenya wired Sh29.86 billion to China in the quarter to September 2021 to ease a standoff over debt repayments that delayed disbursements to projects funded by Chinese loans. Treasury documents …
Driven by a combination of higher commodity prices, the relaxing of lockdowns and a recovery in global trade, Africa has had some success in overcoming the recession provoked by the …
Egypt is poised to sign a deal that will see the production of electric vehicles in the country, Minister of the Public Business Sector Hisham Tawfik has said. Three companies …
Egypt will launch its first fleet of buses powered by natural gas next year, Minister of Public Enterprise Hisham Tawfik has said. About 70 per cent of the components used …
The British High Commission has suspended visitor visa applications from all red list countries, including Nigeria. The decision was announced in a statement issued on Sunday, 5 November, by the …
Werno Gevers, a cybersecurity expert at Mimecast shares insights on the role brands play in protecting their customers from cyberattacks. New research has cast a spotlight on the role of …
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