The Minister of Finance and Economic Planning, Uzziel Ndagijimana, has commended the harmonisation of interventions of the United Nations agencies with the development goals of the Rwandan government. Since 2018, …
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AfricaAFRICA NEWSBusiness PoliciesEgyptNewsNorth Africa
Egypt recorded 29.5% increase in exports to Nile Basin countries in 2021
by Editorby EditorThe Central Agency for Public Mobilisation and Statistics issued the Annual Bulletin for Trade Exchange Between Egypt and Nile Basin Countries in 2021 that presents and analyses trade volume (exports- …
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Access BankAFRICA NEWSBanking, Finance & InvestmentNewsNigeriaSpotlight
Best Five Performing Banks in Nigeria for H1 2022
by Editorby EditorBanking remains the heart of modern-day commerce. The ease and reliability at which funds can be distributed from sellers to buyers play a critical role in the sustenance of the …
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AfricaAFRICA NEWSBusiness PoliciesNews
Growth of 5.7 per cent in West African Economic and Monetary Union in 2022
by Editorby EditorThe growth rate within the countries of the West African Economic and Monetary Union (WAEMU), amounted to 5.7% in 2022, down 0.4% compared to 2021, announced Monday the leaders of …
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AfricaAFRICA NEWSBusiness PoliciesNews
German Investment in Africa Stalls Despite Government Push
by Editorby EditorGerman Foreign Minister Robert Habeck opened the two-day German-Africa business summit in Johannesburg with positive words. “The government will provide additional incentives for investment in regions like southern Africa where …
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AfricaAFRICA NEWSBusiness PoliciesNewsNigeria
Experts raise concerns as Nigeria limits cash withdrawals
by Editorby EditorExperts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy. The …
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AfricaAFRICA NEWSBusiness PoliciesNews
Poorest nations need $436bn to tackle Covid aftermath, IMF
by Editorby EditorThe world’s 69 poorest countries need an extra $436 billion over five years to address the aftermath of Covid-19, rebuild external buffers and grow incomes, the International Monetary Fund said. …
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Electric car maker Tesla is starting production of its Semi lorry, chief executive Elon Musk has announced. Mr Musk confirmed via Twitter that deliveries of the lorry would commence on …
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AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
World Bank classifies Ghana as high debt distressed country, projects debt to GDP of 104%
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of 104.6 per cent by the end …
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AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
Judge Bernard Ngoepe bows out as SA’s first Tax Ombud
Judge Bernard Ngoepe has officially ended his time as South Africa’s first Tax Ombud. Ngoepe held the role for three terms, from 2013 until 30 September 2022. The finance ministry said …