Business policy news from Africa: regulation, tax, trade rules and government decisions that affect companies and investors.
Talk that everything is expensive fills the air at a market in Lagos, Nigeria’s commercial capital. Since February the minibus fare from home to the market has doubled, says Emmanuel …
The World Bank on Wednesday signed a $500 million infrastructure project with the Democratic Republic of Congo to improve roads, mitigate flood risks, fight erosion and develop public spaces across …
American space company, Space Exploration Technologies, SpaceX, has expressed interest to bring its Starlink satellite internet into Nigeria. The company has already entered into advanced discussions with the Nigerian Communications …
The federal government generated N392.77 billion as Company Income Tax (CIT) in the first quarter of this year (Q1’21). This represents a 33 percent quarter-on-quarter (QoQ) increase in CIT when …
Despite a drop in the demand for foreign exchange (FX) at the market on Monday, the Naira depreciated against the US Dollar by 0.08 per cent or 34 kobo at …
The President of Kenya, Uhuru Kenyatta shares insights to the global community on how Kenya has successfully leverage technology, adopt the use of renewable energy and mitigate climate change. He …
A recent analysis of global electricity revealed that wind and solar showed resilient growth in 2020 despite the pandemic, forcing a record fall in global coal power. The Global Electricity …
Last week, the Central Bank of Nigeria disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria. …
Tanzania’s coffee export increased in volume and value despite the market disruptions of the COVID-19 pandemic. From 2020 to the first quarter of 2022 coffee export earned the country a …
The International Finance Corporation (IFC) has announced its plans to provide $20 million to Nigerian off-grid power service providers. According to Daybreak Power Solutions, a subsidiary of Daystar Power Group, …
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