Mining: Zambia uncovers $8bn tax scam
Zambia’s tax agency plans to conduct audits on all mining companies in the southern African nation, running back six years after uncovering that a prominent […]
Finance
São Tomé and Príncipe gets $10 million boost from the World Bank
The World Bank will provide about $10 million to finance social projects in São Tomé and Príncipe. The projects will help the West African archipelago […]
Rwanda: Central bank predicts healthy economic growth in 2018
Rwanda’s economy will grow 6.5 percent in 2018, the central bank of the East African nation said on Tuesday. According to John Rwangombwa, governor of […]
Africa: Mauritius attracts 90% of India’s foreign direct investment
The Indian think tank group, Observer Research Foundation, in a research note published on February 21 revealed that one single country has collected 90% of […]
ECOWAS will meet its 2020 single currency deadline – Heads of State
Members of the Presidential Task Force on the ECOWAS Single Currency Program on Wednesday reaffirmed their political will to introduce a single currency in the […]
Morocco’s BCP lands in Mauritius, Madagascar
Groupe BPCE, the second largest banking group in France on Monday announced the signing of an agreement providing for the divestment of 100% of Banque […]
China tops Kenya’s international lenders – Treasury
China has invested Sh520 billion ($5,202.37 million) in Kenya in 2017, making Beijing the top partner that advanced bilateral loans to the East African nation, […]
Ghana has ‘no reason’ to return to IMF – President Nana Akufo-Addo
Ghana’s President Nana Akufo-Addo said in his annual state of the nation speech on Thursday that his government had buckled down on mismanagement and will […]
Morocco secures $2 billion funding from AfDB
The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]
AU Members divided over Kaberuka tax
The 30th Summit of the African Union held in Addis Ababa January 28 and 29 did not settle the African Union’s financing solutions. The “Kaberuka […]