Sub-Saharan Africa continues to capture investor interest, especially in mining, energy, and tech. The region’s natural resources, growing population, and digital shift fuel M&A activity, with more ...
African countries need to reform their tax systems, which currently average around 17% of GDP, according to UNECA. Key priorities include broadening the tax base and integrating the informal sector.
The key trends shaping Africa's commerce sector in the coming years include the rise of the mobile economy, the rapid growth of embedded finance, the widespread use of super apps, and the ...
The article highlights that while Chinese investments are a key part of capital inflows to Africa, they are not as large or transformative as official announcements may portray. Hinrich Foundation, a ...
In its updated global economic outlook, the IMF maintained its 2024 global growth forecast at 3.2%, while sub-Saharan Africa’s projection was revised down by 0.2 percentage points compared to April.
Some governments impose strict restrictions on internet users for various reasons. In Africa, while these actions are widespread, some countries make an effort not to oppress their citizens for ...
While the projected tax revenues for 2024 in Côte d'Ivoire are estimated at CFA6,121.40 billion (just over $10 billion), the collection rate as of the end of September stands at 51.75% of this annual ...
Côte d'Ivoire could increase its gold production to 100 tonnes a year by 2029, up from 51 tonnes in 2023. The country aims to achieve this goal with new mines like Lafigué. Operated by Endeavour ...
Intelsat has been facing multiple issues with its satellites in recent years. These recurring failures affect millions of customers. Luxembourg-based satellite telecom provider Intelsat announced ...
Morocco is Africa's top silver producer. This year, one of its silver mining companies expanded the Zgounder mine to boost production by at least 36% by 2023. On October 21, during overnight trading ...
The world’s top steel producer and Chinese giant BaoWu is among the actors financing the development of Guinea's Simandou project, the world’s largest unexploited iron ore deposit. North of this ...
Gide’s Casablanca, Tunis, Brussels and Shanghai offices are assisting Votorantim Cimentos on the sale of its subsidiaries in both Morocco and Tunisia. Votorantim Cimentos signed an agreement with ...