African Union mulls 0.2% levy on imports to check foreign donor reliance
The African Union is planning a 0.2 percent levy on all eligible imports that enter a member country from outside the
Kenya’s GDP drops to 4.7 percent at Q1 2017 GDP
Kenya’s economy expanded 4.7 percent in the first quarter of this year, down from 5.9 percent in the same period of 2016, the
Nigeria ranks 19 in Africa on investment destination – report
Nigeria, Africa’s most populous and largest economy, ranks 19 out of 54 countries on the continent on investment destination,
Gabon set to reduce oil reliance as IMF approves $642 million loan
Gabon, OPEC’s smallest member by production, will try to reduce its reliance on oil by increasing investments in agriculture and
Kenya, world’s biggest black tea exporter targets 20% increase
Kenya, the world’s biggest exporter of black tea, expects production of the leaves to rise by about 20 percent by the end of the
Facebook’s easy sail to 2 billion users monthly may be coming to an end soon
In a way, getting to 2 billion users was easy for Facebook. The social network’s growth has been on a steady and unstoppable
Africa faces shortfall of 50 million jobs by 2040 – report
Unemployment crisis leading to a loss of about 50 million jobs will ravage the African continent if its various governments don’t opt
VoguePay targets ECOWAS market with payment processing service
The African online and mobile payment processing space is becoming extremely crowded. The winners will be those that can deliver high
Despite Brexit, the EU still holds valuable lessons for African integration
During the independence struggle, leaders like Ghana’s Kwame Nkrumah argued that Africa could only rid itself of the scourges of
Egypt’s EFG Hermes targets global insurance acquisitions
Nigeria may be on the radar of Egypt‘s top investment bank, EFG Hermes, as it begins global insurance acquisitions. Reports have it