ECONOMICS
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South Africa : 80% of import tariffs on rooibos tea reduced
The South African Department of Trade, Industry and Competition on January 23,2024 announced China has Slashed Import Tariffs on the…
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Rwanda : Paul Kagame in favour of more public-private partnerships
Africa’s trade future is taking shape as 24 new countries prepare to join the « Guided Trade Initiative » within the African…
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Togo : 12.9 million USD in exports to USA by 2020
Following discussions between Investment Promotion Minister Manuella Santos and the American Ambassador to Togo, Elizabeth Fitzsimmons, on Wednesday January 17,…
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Cameroon reduces state fees for agricultural enterprises by 92%
In the Finance Act 2024 currently being implemented in Cameroon, the government has readjusted the rates of state royalties in…
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Nigeria : Government to pay 1.6trillion Naira as Electricity Subsidy in 2024
The federal government, through the Nigerian Electricity Regulatory Commission (NERC), has approved 1.6 trillion naira to subsidize electricity in the…
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Nigeria : Inflation hits 27.33% in 2023
Nigeria’s central bank will tighten policy over the next two quarters to manage inflation while directing banks to boost capital…
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South Africa : 2500 megawatts of electricity to be generated by 2033
President Cyril Ramaphosa has approved a Memorandum of Understanding(MOU) on January 5, 2024, between the Minister of Public Enterprises, Pravin…
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Nigeria : President Tinubu aims to better economic performance in 2024
2023 was a power transition year for the Republic of Nigeria as President Tinubu took up a new mandate. On…
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Africa : BADEA subscribed 30 million USD capital share to BOAD
The West African Development Bank (BOAD) receives 30 million US dollars share capital from the Arab Bank for Economic Development…
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Kenya : Digital Commerce Contributes 7.7% to National GDP
The development of information and communication technologies is becoming fundamental to all trade, online marketing is now booming on the…
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