Nigeria is getting ready for the pilot launch of its new digital currency, the eNaira, on October 1. The new currency is being issued and regulated by the Central Bank …
Business Policies
- Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Bank of Ghana holds key interest rate at 13.5%
Ghana’s central bank on Monday kept its main interest rate unchanged at 13.5% with concerns over rising inflation balanced out by optimistic Covid-19 recovery forecasts, Governor Ernest Addison said in …
POVERTY rate in Nigeria moved from 15 per cent at independence in 1960 to 50 per cent in 2021, Nigerian Tribune findings have revealed. This is even as Governor of …
THE Zimbabwe Investment Development Agency (ZIDA) has compiled a list of priority investment areas from across line ministries for presentation to investors during the six-month-long Expo Dubai 2020, which kicks …
- Business PoliciesEastern AfricaHospitality, Travel & Tourism
Zela Aviation Signs Strategic Agreement with Tanzania’s Precision Air
Cyprus-based air charter group Zela Aviation in late August entered into a strategic partnership with Tanzania-based airline Precision Air. Effective from October 1, the agreement foresees that Zela Aviation will …
- Business PoliciesSouthern Africa
Economic Development Board of Mauritius provides clarity over foreign investments taxation
The Economic Development Board of Mauritius has moved to assure South Africans with Mauritian trusts, in response to confusion and concern among its members and clients around the taxation of …
Political economist and management expert, Prof. Pat Utomi, has called on the federal government to build a stable economy that will promote, rather than kill existing businesses in the country. …
Following an intensive two days of virtual meeting with investors across the globe, Nigeria has raised the sum of USD4 billion through Eurobonds. The Order Book peaked at USD12.2 billion …
Nigeria and Ghana are racing to adopt a central bank digital currency as they look to ride the wave of popularity of cryptocurrencies in West Africa’s two largest economies. Central …
CAIRO — Egyptian state-controlled payments firm e-finance for Digital and Financial Investments said on Sunday it would offer up to 14.5% of its capital in an initial public offering in …