VCI West Africa equity index rises on commodities, energy players
VCI West Africa equity index rises on commodities, energy players – Businessday NG
Cash-strapped Nigeria approves 5% tax on mobile services
Street vendors display used mobile phone handsets for sale at Jagwal Electronics Market in Maiduguri, Nigeria… Photographer: Jean Chung/Bloomberg ABUJA – Nigeria, Africa’s biggest wireless market, is moving ahead with a proposed 5% tax on voice calls, mobile data and text messages to tackle a mounting fiscal crisis. Finance Minister Zainab Ahmed announced the implementation
South Africa civil society group calls for blacklisting of companies implicated in state capture
South Africa South African civil society group, Defend Our Democracy, has called on the government to ban any dealings with global consultancy Bain & Company and other institutions that took part in the country’s state capture. In a statement on Saturday, it called on the government to implement the recommendations from the Commission of Inquiry
The business model of Ghana’s TROTRO Tractor
Emmanuel Ansah-Amprofi, CEO and co-founder of TROTRO Tractor. When Emmanuel Ansah-Amprofi discovered the high price of imported onions at a local market in Cape Coast, Ghana, he decided to enter the agriculture sector. The entrepreneur says he was shocked that vegetables such as onions and carrots were imported from Europe to meet demand. “If you
African Countries that don’t Require a Visa to Enter South Africa
With new visa technology and a sharp rise in global travellers looking to explore a post Covid-19 world after being cooped up for the past three years, South African authorities say they are expecting a bumper tourism season in 2022/23. Facilities with smart technology have also been set up at major South African airports to
Kenya champions an ‘unAfrican’ openness in the electoral process
By Charles Onyango-Obbo Watching the August 9 Kenya elections and the unfolding count, from the US, a commentator noted: “You gotta hand it to the Kenyans. This level of transparency must be a first in the history of presidential elections anywhere, ever. Yes?” In East Africa, Africa, and indeed parts of the world, many were
JA Worldwide and JA Africa Announce Partnership with Z Zurich Foundation to Create Bright, Boundless Futures for African Youth
Z Zurich Foundation (ZZF) announced today—International Youth Day—that it will partner with JA Worldwide and JA Africa (www.JA-Africa.org), building on relationships already established with JA Canada and Junior Achievement España (JA Spain). ZZF has made a strategic decision to venture and fund Africa, and has chosen us, Africa’s largest and most-impactful youth-serving NGO, JA Africa,
African Countries at the Commonwealth Games
– Advertisement – The Commonwealth Games brings athletes from former British territories together to compete across 20 sports once every four years. The 2022 edition, the 22nd edition of the Commonwealth Games, will end on Monday, 8th August 2022, in Birmingham. Over 5000 athletes are competing to win medals for 72 Commonwealth teams in 280
MTN Group accelerates investment into broadband coverage
MTN Group has reported a resilient performance in the first half of 2022, balancing an accelerated investment into its networks, reducing the cost to communicate and the delivery of solid financial results. We advanced the delivery of our strategy under challenging conditions, which included macroeconomic and geopolitical volatility, global supply chain disruptions, constrained on-grid power
Africa Gets Just 12% of Climate Change Financing
By Kestér Kenn Klomegâh Mozambique risks destabilizing its economy and further losing western development finance if it goes ahead to purchase sanctioned oil from Russia. With the return of western development finance institutions such International Monetary Fund (IMF), World Bank and the USAID, and currently showing tremendous support for sustainable development projects and programmes, Mozambique