Africa loses $ 11 billion annually from fraud and tax avoidance, Oxfam
Multinational companies deprive African governments of 11 billion dollars in taxes each year, and the G7 world leaders should set up a new global body […]
Articles by Steven Addamah
Libya: illegal migration must be stopped at the source not just at Libyan shores
As the European Union gears up to take firm actions against illegal migrant smugglers at Libyan coasts by destroying their installations and networks, Libyan authorities […]
Guinea-Bissau Hails Morocco’s Endeavors in Africa
President of Guinea-Bissau José Mario Vaz hailed the Moroccan King’s endeavors for the development of Africa and the building up of an inclusive and “win-win” […]
Senegal : Société Générale recorded losses of FCFA 36.4Bln
The Senegalese subsidiary of the French banking group “Société Générale” has recorded losses of 36.4 billion FCFA (about 55 million euros) in 2014, said the […]
Tanzania earmarks $ 2 billion for roads construction in Dar Es-Salaam
The Tanzania government is planning to invest 4.394 trillion shillings ($ 2 billion) to build new road infrastructure and launch a rapid transit bus to […]
Equity Bank to open office in DR Congo
Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]
IFC and Ecobank to supports SMEs in Africa
IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and a leading pan-African full-service banking group, […]
Senegal: Google opens Creativ Lab in Dakar for YouTube content creators
Innovation is playing an increasingly important role in Africa’s ICT sector. One key area is the creation of ICT products, labs and networks. In this […]
E.U. allocates € 34 million food aid to six African countries
The European Union has announced providing assistance worth €34 million for immediate food aid for the most vulnerable people in Mauritania, Senegal, Gambia, Mali, Niger […]
Egypt: Palm Hills Raises $ 213 Mln in share issue
Palm Hills, Egypt’s second largest listed property developer announced on May 25th that it has raised 1.62 billion Egyptian pounds ($ 213 million) through a […]