south africa eager to engage in bilateral cooperation with india business forum

South Africa eager to engage in bilateral cooperation with India Business Forum

A senior minister stated on Sunday that South Africa is more than willing to work with the CII India Business Forum (IBF) and appropriate local ministries to expand bilateral collaboration. He praised Indian enterprises for helping the country’s growth trajectory. South Africa has proposed forming a joint task force between the IBF and appropriate local […]

tanzania has signed a natural gas agreement with equinor and shell

Tanzania has signed a natural gas agreement with Equinor and Shell

Tanzania has signed a framework deal with Equinor of Norway and Shell of the United Kingdom, bringing them one step closer to breaking ground on a $30 billion liquefied natural gas export project (LNG). The agreement that was made public on Saturday calls for a final investment decision to be made by 2025 and for […]

south africa is continents startup powerhouse with the highest number of exits

South Africa is continent’s startup powerhouse, with the highest number of exits

Disrupt Africa’s datasets, skills, and networks are used in the South African Startup Ecosystem Study 2022, the company’s 17th publication and second country-focused report, to detail what startups are doing in the country, who is investing, and who is providing ecosystem support. It also contains the whole list of startups studied for the report. The […]

bilingual instruments that are reliable for intra africa business

Bilingual instruments that are reliable for intra-Africa business

Dr. Dare Arokoyo, until recently associate professor and provost of the School of Continuing Education at the Houndegbe North American University in Benin Republic, has written two books, or more appropriately, language communication manuals, for ECOWAS and AfCFTA business travellers and French Companion for African Economic Community. Both publications were created with the goal of […]

a step by step guide to buying a house in south africa

A step-by-step guide to buying a house in South Africa

It should come as no surprise that buying a home is a lengthy process because it is one of the most substantial expenditures you will ever make. While it may appear intimidating at first, you won’t be venturing into unknown ground. The path is well-marked, and skilled consultants are available to assist you along the […]

civil society urges the government of gambia to prosecute jammeh

Civil society urges the government of Gambia to prosecute Jammeh

Following a long-awaited official declaration on the issue, Gambian civil society organizations have called on authorities to bring former dictator Yahya Jammeh to justice. The government has until May 25th to make a decision on the recommendations made six months ago by a commission that probed the former dictator. A total of between 240 and […]

zambia receives assistance from china in resolving its debt

Zambia receives assistance from China in resolving its debt

President Hakainde Hichilema has praised China for agreeing to participate in the IMF’s Zambia debt restructuring process and joining other creditors. During a press conference at the Statehouse in Lusaka on Monday, Hichilema stated that the government will be unable to achieve sustainable economic progress with the current debt levels. He said he was proud […]

nigeria fertilizer exports

Nigeria opens the largest fertilizer plant in Africa

Nigerian President Muhammadu Buhari has opened a $2.5 billion fertilizer plant with the goal of contributing to global supplies amid the impact of rising prices in the aftermath of the Russia-Ukraine conflict. When the Dangote Fertilizer Plant was opened in Lagos, Nigeria’s commercial capital, on Tuesday, the country’s leader said that the country “stands to […]

kenya will get 750 million from the world bank

Kenya will get $750 million from the World Bank

Kenya has been accepted for a $750 million loan from the World Bank to help finance its budget until 2022. Kenya would have to make the changes in its public procurement procedures that were meant to cut down on corruption as a condition for getting the money. According to the World Bank, Kenya should build […]

there is still no date set for parliamentary elections in somalia

There is still no date set for Parliamentary elections in Somalia

Somalia -Somalia missed the deadline for holding elections for the Lower House of Parliament on Tuesday (15 March), causing yet another delay in the election process that was supposed to result in the appointment of a new President, which had been expected for more than a year. There had been no news from the Somali […]

africa flutterwaves valuation triples in a year

Africa: Flutterwave’s valuation triples in a year

An African fintech company flutterwave has raised $250 million in a series D round recently which has tripled the company’s valuation and taken the total value at $3 billion in just one year of its run. The headquarters of the business is in San Francisco but the business is based out of Lagos. Last year […]

daily life in nigeria amid covid 19

Nigeria to work harder to establish businesses after failed attempts

Nigeria is one of the African countries which is moving in the correct direction when it comes to development and progress. But despite hard attempts, the government is failing to establish successful businesses and that is causing a huge loss to the investors, taking the country further down in the parameter of ease of doing […]

outgoing imf envoy criticizes tunisias economic plans

Outgoing IMF envoy criticizes Tunisia’s economic plans

It is not more hidden that Tunisia is not just suffering politically but having a toss on economic grounds as well. The International Monetary Fund highlighted the weak economic planning of the country recently saying that the African nation needs deep economic reforms to sustain things further. The concern was generated by the outgoing IMF […]

australian money, currency or cash

South Africa might bring in higher wages

South Africa – South Africa’s Department of Employment has proposed a new target of minimum wage in the country in 2022. The National Minimum Wage Commission is responsible for assessing and reviewing the minimum wage annually, under National Minimum Wage (NMW) Act. After that, the minister of Employment and Labour, Thulas Nxesi, determines whether an […]

a man taps wine from a palm tree

In the Central African Republic, palm wine benefits the economy

Africa – The Central African Republic’s Kapou village has a reputation for producing significant quantities of palm wine. This activity has been the main source of revenue for young and old for decades. Philemon owns and exploits a number of palm trees. Some were passed down from his father, who introduced him to the sport […]

panic for crypto traders in south africa as government imposes stricter rules

Panic for crypto traders in South Africa as government imposes stricter rules

South Africa -Cryptocurrencies have opened up the market of investors for their diverse and accessible nature. And for this very reason, they have raised the scope of scrutiny by governments and regulators. South Africa’s anti-money laundering and counter-terrorist financing measures were recently assessed in a report by National Treasury. The report was compiled through collaboration […]