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Inflation-hit Nigeria to criminalize corn exports to meet local needs
Nigeria’s senate plans to pass legislation to criminalize the export of corn amid concerns over hunger and rising staple prices in Africa’s most populous nation. Nigeria has been grappling with a worsening food inflation which surged to 39.16% in October this year. This inflation has been exacerbated by climate conditions, currency devaluation and the removal […]
Egypt: Gunmen Kill Two Soldiers, Informant at Checkpoint
Gunmen Sunday killed an informant and two soldiers in the province of Menoufia, north of capital Cairo, in an attack at a security check-point, reports say. Security authorities are combing the area -80 km north of the capital, in search of the attackers, who managed to flee, Reuters reports. Egyptian security forces have been facing […]
Egypt: Tax revenue growth, plans for economic stimulus
Egypt’s tax revenues surged by 38 percent in the first half of the 2024/2025 fiscal year, according to Finance Minister Ahmed Kouchouk. During a panel organized by the Egyptian Association for Direct Investment and Venture Capital, Kouchouk attributed this growth to the Government’s ongoing efforts to broaden the tax base and strengthen cooperation with taxpayers. […]



