Morocco to meet domestic grain demands with new Russia agreement
A new agreement has been signed between Russia and Morocco.Due to the ongoing drought and rising domestic demand for grains, Morocco has turned to Russia as a key supplier of…
Solving the new VAT sharing model conundrum
President Bola Tinubu's tax reform bill has scaled second reading at the National Assembly after series of controversy, a rowdy plenary session and vehement opposition especially from the North. The…
Kenya aligns Special economic zones Bill with regional, continental laws
The government of Kenya is amending the Special Economic Trade Act 2015 to align it with regional and continental activities, including the African Continental Free Trade Area.The aim of these…
Morocco’s Cryptocurrency ban nearing its end
Morocco is making notable strides in regulating cryptocurrencies, moving closer to legalizing and controlling digital currencies. Despite a ban in place since 2017, approximately 3.1% of the population owns cryptocurrencies,…
Starlink ordered to halt operations in Namibia
The Namibian government has directed Starlink, the satellite internet service owned by Elon Musk's SpaceX, to immediately halt operations within its borders. The Communications Regulatory Authority of Namibia (CRAN) made…
Uganda confirms Central bank hack
The Ugandan government has confirmed a cyber attack on the Central bank system noting that it is waiting for a full investigation by the Auditor General and the Criminal Investigations…
Nigeria’s tax reform bill passes second reading at the Senate
The Nigerian Senate has passed for second reading a bill seeking to overhaul the country's tax laws. President Bola Tinubu had in October 2024 sent the tax reform bill to…
SEC Blacklists Marino FX, warns Nigerians against risky investments
The Securities and Exchange Commission (SEC) has issued a warning to Nigerians, cautioning them against engaging in any business transactions with Marino FX Ltd. According to the SEC, the company,…
Nigeria woos investors to boost its $200 billion hydrogen economy
The Federal Government of Nigeria has called for investments in infrastructure upgrades to tap into the rapidly expanding global hydrogen economy that is projected to reach $200billion by 2030.At the…
Black Friday sales hit 83% high in Nigeria, others
Black Friday sales have seen a massive surge across Nigeria, Kenya and South Africa , hitting an 83% increase compared to the 2023 figure.According to data from the online payment…
