Business policy news from Africa: regulation, tax, trade rules and government decisions that affect companies and investors.
The Central Bank of Nigeria (CBN), has announced the engagement of Bitt Inc., a Fintech Company, as its Technical Partner for its digital currency, eNaira project which is scheduled for …
Despite the growth of 5.01% in Q2, 2021, Nigeria needs an “Elite Consensus” that can articulate policies that would translate to double-digit and inclusive economic growth. Mr Tope Fasua, an …
The Naira4Dollar policy of the Central Bank of Nigeria (CBN) may have begun to yield dividends as remittances from Nigerians in the Diaspora now stand at an average of $34 …
The Central Bank has announced that at the launch of the eNaira project, banks and other licensed operators may provide their wallets which means it wouldn’t compete with existing banks. …
Angola has unveiled the Saurimo diamond development pole, seeking to consolidate its position as a leading diamond-cutting producer, Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo said Friday. The …
Nigeria’s Vice President, Prof. Yemi Osinbajo (SAN) has commended energy conglomerate, Sahara Group for being “a great ambassador for the Nigerian entrepreneurial brand.” Speaking at a virtual event to commemorate …
Uganda has agreed to temporarily receive 2,000 refugees from Afghanistan fleeing after the Taliban takeover. the Ugandan Ministry of Foreign Affairs announced on Tuesday, indicating that this came after a …
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has urged banks in the country to investigate the sources of income of their potential customers before opening …
Egypt is taking measures to strengthen power linkage lines with neighbouring countries such as Jordan, Sudan and Libya to ensure uninterrupted electricity supply to the country, Asharq Al-Awsat quoted Egyptian …
State-owned El Nasr Automotive Manufacturing Company, an affiliate of the Holding Company for Metallurgical Industries, has begun testing a number of electric vehicles on Egyptian streets, in cooperation with Uber. …
Chat us up