Nigerian president outlines first budget after reforms

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Nigeria's president said Wednesday economic growth and national security were among his main concerns as he outlined his first budget since coming to power and launching an ambitious reform agenda. In a speech to lawmakers in the capital…

Several agreements signed between Nigerian and French companies

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  Several agreements in principle were signed Thursday in Lagos between Nigerian and French companies, in the sectors of agriculture, energy and technological innovation, marking France's desire to strengthen its investments in Nigeria…

Liberia: World Bank suspends acccess to "unwithdrawn loans"

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The World Bank has suspended its access to "unwithdrawn loans" in Liberia after the country defaulted loan repayments by 60 days under the administration of outgoing president George Weah. The decision to suspend access was conveyed in…

Kenya: court overturns unpopular payroll levy

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A Kenyan court ruled on Tuesday that a salary levy introduced by President William Ruto in June was illegal, dealing a major blow to the government's aim of bolstering the state coffers. A law allowing a 1.5% levy on the salaries of all…

Pan African Chamber of Commerce and Industry (PACCI) Commends Rwanda for Joining the Visa-Free Travel for All Africans Movement!

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Pan African Chamber of Commerce and Industry (PACCI) Commends Rwanda for Joining the Visa-Free Travel for All Africans Movement! [Addis Ababa, 3rd November 2023] — The Pan African Chamber of Commerce and Industry (PACCI) applauds the r…

Press Release on Kenya's Visionary Economic Initiatives

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Greetings from the Pan African Chamber of Commerce and Industry   Kindly find attached a press release from PACCI on the support for the Republic of Kenya, lauding their recent pioneering efforts to foster economic growth, inclusivity,…

How ambitious AfCFTA implementation can drive agricultural trade growth for Africa

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More sophisticated non-tariff measures, coupled with environmental and climate provisions, will help deepen Africa’s agricultural trade. Dr Ousmane Badiane, executive chair of AKADEMIYA2063, explains the findings of a recent report. The A…

Big plans for Nigeria’s long-term challenges

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Nigeria should tick all the boxes for investors: size; resources; opportunity. But years of underachievement have hampered growth. Can the new administration reverse the trend? New Nigerian governments generally promise big changes…

Modi’s mission: Africa ties targeted in India’s superpower quest

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India’s ties with Africa are rooted in an emotional shared history but, as India sets its sights on becoming the century’s superpower, trade, business links and the reshaping of international institutions will take centre stage in the relationship. At the…

German cash for Ecowas aims to stabilise West Africa

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Germany’s renewed financial commitment to Ecowas suggests that European leaders see the organisation as crucial to the future stability of West Africa. At the end of September, Germany’s Federal Development Ministry (BMZ) announced plans to ra…