Business Affairss

Kenya and the Africa Development Bank (AfDB) have signed a Memorandum of Understanding (MoU) which will see the country host the Bank Group's annual meetings in 2024. National Treasury and Economic Planning Cabinet Secretary (CS) Prof. Njuguna Nd...

An alliance of nations said on Tuesday members would raise $12 billion to protect coral reefs from threats such as pollution and overfishing, but experts warned the funding would only be a drop in the ocean unless broader climate risks are address...

The Zambian government will introduce a tax on mobile money transactions. The proposed tax only applies to person-to-person transactions. It ranges from 8 ngwee ($0.0038) to 1.80 kwacha ($0.085), depending on the value of the transaction. This pro...

While the country's external debt stocks reached $165.36 billion at the end of March 2023, Egypt will have to repay $29.23 billion in external debts in 2024. The country's external debt service is then expected to decline to 19.43 billion in 2025 ...

GDP by 2027. To achieve its objectives, the executive plans to increase investments in the telecoms sector by 15% year-on-year; increase the number of tech workers by training three million talents; increase funding for start-ups by $5 billion; ex...

The Makutano Network held its 9th Business Forum in Abidjan on 20 and 21 September. For the first time, the Forum was held outside Central Africa and brought together 150 Congolese and Ivorian decision-makers, with the aim of unlocking intra-Africa...

The World Bank will provide $290 million in financing in the form of credits and grants from the International Development Association (IDA) to improve and harmonize data systems in Central Africa. This funding will strengthen evidence-based decisi...

The zone of the economic community of Central African States will soon finalize the digital currency project. BEAC Governor Abbas Mahamat Tolli announced that he had signed a decision creating a working group which will be responsible for monitorin...