Africa Looks to Tax Tech Giants as Economic Fallout From COVID Bites
Tax officials in Africa estimate that government revenues will drop between 10 and 30 percent in 2020 as a result of the economic fallout stemming […]
Industry
Experts: ECOWAS Decision to Close Borders with Mali Will Hurt Regional Trade, Stability
Members of the Economic Community of West African States, or ECOWAS, shut down all their land and air borders with Mali on Wednesday after its president announced his resignation following a military mutiny. ECOWAS said in a statement that it will als…
Japan-Owned Oil Tanker Breaks Apart off Mauritius Coast
A Japanese bulk carrier that struck a coral reef last month off the Mauritius coast broke apart Saturday afternoon, the country’s National Crisis Committee said […]
South Sudan Central Bank Lowers Interest Rates in Response to COVID-19
South Sudan’s central bank took steps Wednesday to bolster the economy amid the COVID-19 lockdown, but an analyst warned the economy will only improve after […]
US, Kenya Officially Launch Trade Talks
The United States and Kenya formally launched negotiations Wednesday on a bilateral trade deal, which the countries hope could be replicated across Africa. “Under President […]