ECOWAS-Meeting

Reconstruction of Egypt’s economy

Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]

Africa to become world’s fastest-growing region, outpacing Asia — report

The African Continental Free Trade Area (AfCFTA) will facilitate economic growth and development on the continent that is projected to become the world’s fastest-growing region, with six out of the ten fastest-growing economies in 2023 being African countries, according to a new report by the Mo Ibrahim Foundation. The AfCFTA presents a huge opportunity for […]

US ready to invest in Morocco-Nigeria pipeline- finance minister

Nigeria’s finance minister Wale Edun said the United States is interested in investing in the Atlantic pipeline that will link Nigeria to Morocco, helping 13 West African countries meet their energy needs. Edun made the statement to Nigerian media following talks with Opayemi Cardoso, Nigeria’s central bank governor, and “the director of international economic relations, […]