Ethiopia Telecom 10% to be listed on Ethiopian Stock Exchange
Ethiopian Telecom will become the first company to be listed on the Ethiopian Stock Exchange (ESX) when the country's new stock exchange opens next week.The establishment of state enterprises in…
Benin, Ghana, and Togo launch ECOWAS free roaming initiative
Three West African nations—Benin, Ghana, and Togo—have officially launched a free roaming initiative under the Economic Community of West African States (ECOWAS) roaming framework. This initiative enables mobile users in…
Kenyan investors buy more treasury bonds following rate cuts
Investors' demand for Treasury bonds increased every week, reaching a record level in 2024.Demand for short-term 91-day notes remains weak as investors continue to weigh long-term risks, but changes to…
Global leaders advocate $120bn investment in Africa
At the recent ‘Economic Development Assembly: Advancing Africa’s Future’ held in Abidjan, Côte d’Ivoire, over 100 prominent organizations, world leaders, and artists signed the Abidjan Accord. This accord is an…
The untapped potential of Africa’s food processing sector
Africa's food processing sector is not just an industry but a critical cornerstone for achieving a food-secure and prosperous continent. By investing in and expanding this sector, we can unlock…
10 countries with the highest foreign investment in Nigeria
The National Bureau of Statistics, NBS, has released a report showing the top 10 countries with the highest foreign investment in Nigeria. The report indicates that Nigeria attracted $2.60 billion…
Tanzania sets new record with longest bridge in East Africa
Tanzania has opened East Africa's longest bridge, a landmark 3.2-kilometre structure spanning Lake Victoria in the country's northwestern Mwanza region. This iconic project, named after the late President John Magufuli,…
Ghanaian farmers hit by massive income loss
The Minister of Food and Agriculture has disclosed that Ghanaian farmers are facing an estimated GH¢3.5 billion in lost investment and GH¢10.4 billion in lost income.The National Climate Change Conference…
South Africa braces for LPG boom as electricity prices soar
South Africa’s liquefied petroleum gas (LPG) market is expected to boom due to the need for new distribution centres, rising electricity prices and a switch to carbon dioxide and paraffin…
Nigeria targets tax accessibility with new USSD code
The Federal Inland Revenue Service (FIRS) has launched a USSD code, *829#, to make tax administration more accessible and user-friendly for taxpayers across the country. This initiative aligns with the…
