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Nigeria enforces a yearly levy on expatriate employees
Nigeria has introduced a compulsory yearly levy for companies hiring foreign workers, charging $15,000 for directors and $10,000 for other employees. The aim is to prompt foreign companies to hire more Nigerians. Diplomatic mission staff and government officials are exempt. President Bola Tinubu has cautioned against misusing the levy to deter investors. He stressed the […]
Morocco’s Fund CCG , Africa’s Best SME Bank in 2019
Moroccan public financial institution, Caisse Centrale de Garantie (CCG) has received the 2019 award of Best SME Bank in Africa at the 5th SME Finance Forum held in Amsterdam Oct. 7-9. The award of the International Finance Corporation (IFC) recognizes the most active financial institutions in terms of SMEs financial inclusion, particularly in Africa and […]
Crans Montana Forum Holds Annual Session in Dakhla for Second Successive Time
After the resounding success of its 2015 session held in Dakhla, the Crans Montana Forum decided to hold the 2016 session in the same city that it describes as “the Pearl of the Southern Territories of Morocco” and “a key model for all countries of Africa.” The Forum on “Africa & South-South Cooperation, toward a […]



