Nigeria hopes to generate $1 bln from tax evasion amnesty

Nigeria hopes to raise at least $1 billion from a scheme that will give tax evaders a chance to make payments retrospectively, the finance ministry said on Friday.The OPEC member, which has Africa's largest economy, is in the second year of ... — Read More

Equatorial Guinea approved as latest OPEC member: source close to oil minister

Africa's third-biggest oil producer, Equatorial Guinea, has been accepted as a new member of the Organisation of the Petroleum Exporting Countries (OPEC), a source close to the country's oil minister told Reuters on Thursday.Equatorial Guinea said in January it was seeking ... — Read More

Egypt's 4G wireless frequencies ready for use - minister

Egypt has prepared the wireless frequencies needed for telecommunications companies in the country to deliver 4G mobile broadband networks, a key step in the long-delayed introduction of high speed telecoms services."We are now ready to hand over 4G mobile frequencies to ... — Read More

African policy experts seek common ground with G20

African policy makers, leading practitioners and development thinkers have met in Berlin with development partners to formulate common positions on African economic transformation to present to Group of 20 (G20) leaders.Dubbed “Africa’s Economic Transformation within the Context of the G-20 Partnership ... — Read More

Moody's to host third Annual West Africa Summit in Lagos

The credit implications of oil price volatility, naira's devaluation and global macroeconomic trends for Nigeria's sovereign and its banking and corporate sectors will be under discussion at Moody's third Annual West African Summit in Lagos on May 10.The conference will bring ... — Read More

Ivory Coast plans US$1bnEurobond sale by end of July

West African nation previously sold Eurobonds in 2014, 2015Debt will probably have 10-year maturity, banks not yet hiredIvory Coast plans to sell at least US$1 billion in Eurobonds by the end of July to raise funds for infrastructure projects, the country’s ... — Read More

Africa must tell its story – Fmr. Tanzanian President

Former Tanzanian President Benjamin William Mkapa has called for the deliberate effort at changing the African narrative.Mr. Mkapa, stressed the need to for the youth to cherish the cultural heritage of their country.He said the western culture has overshadowed the African ... — Read More

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