South Sudan Announces Tender for Oilfields Audit
South Sudan has announced tenders for the environmental audit of its oilfields, in accordance with the Petroleum Act of 2012 that oversees the oil sector in the country. This comes [...]
Nigeria Drops $2 Billion Tax Demand From MTN
The Nigerian Government has withdrawn a $2 billion tax demand against South Africa's MTN Group, saying it has referred the case to the tax and customs authorities. The firm was [...]South Africa Rolls out Kiswahili Pilot in 90 Schools
South Africa Department of Basic Education (DBE) rolls out Kiswahili as an optional language in the curriculum in a pilot 90 schools. Moreover, Kiswahili will be among other optional languages [...]
African Guarantee Fund Receives KSh3.3Billion from German Lender
The African Guarantee Fund (AGF) has received $33 million (KSh3.3 billion) capital boost from the German lender, KfW Development Bank. This capital injection will go a long way in ensuring [...]Year of Return Pumps $1.9 Billion into Ghana's Economy
Ghana's economy has received a total of $1.9 billion boost from their year of return campaign, which was marked at the end of 2019. The Year of Return simply means [...]Kenyan Passport Among 10 Best in Africa
The Kenyan passport is the 9th strongest in Africa, allowing a holder to travel to 71 countries visa-free. Globally, the Kenyan passport ranks 72nd, together with China and Indonesia. The [...]Orange Plans an IPO for its African Business
Orange, a French Telecommunication company, is preparing for an Initial Public Offer (IPO) for its businesses in Africa and Middle East. Bloomberg reports that the company is targeting the London [...]Lesotho Resumes Export of Wool and Mohair
Lesotho has resumed the exportation of its wool and mohair. This comes after the National Assembly passed the Agricultural Marketing (Wool and Mohair Licensing) (Amendment) Regulation. The exportation will be [...]Absa Strikes $497 Million Deal to Boost Lending in Africa
Absa Group, one of the largest banks in Africa, has signed a deal with Multilateral Investment Guarantee Agency (MIGA) which will boost lending for SMEs in Africa. According toBusiness Live, [...]MTN to Sell Uganda and Ghana Tower Business Amid Asset Disposal Plan
MTN has agreed to sell its Ugandan tower business to American Tower by the end of 2020 Q1. The agreement comes after troubles with the regulators in Uganda, Nigeria and [...]Senegal Now the Second African Country to Pass the Startup Act After Tunisia
Senegal is officially the second country in Africa to pass the Startup Act, right behind Tunisia. The country last week passed the law, with 90% of its parliamentarians voting in [...]The World’s Biggest Free Trade Area to Launch in July
The much anticipated African Free Trade Zone – the world’s largest trade zone – is set to launch in July this year. It will be a major development for the [...]
