Nigeria is increasingly turning to tax to raising its revenue. (Image source: Ian Barbour/Flickr)
The Federal Inland Revenue Service (IFRS) intends raising Nigeria’s tax ratio of six per cent of gross domestic product (GDP) to 17 per cent by 2023, according to Muhammad Nami, executive chairman at IFRS
In Africa, additive manufacturing is estimated to reach US$1.3bn by 2022. (Image source: kirill4mula/Adobe Stock)
Africa is set to outdo the achievements of the developed world in Fourth Industrial Revolution (4IR), according to Stefan Nalletamby, acting vice-president for the private sector, infrastructure and industrialisation complex at the African Development Bank (AfDB)
Many African banks are upgrading FLEXCUBE solution for beter customer experience. (Image source: tippapatt/Adobe Stock)
Several of Africa’s innovative digital-first banks are turning to Oracle Financial Services’ FLEXCUBE Universal Banking platform to transform their processes and deliver a centralised experience for customers
The MoU focuses on enabling SMEs in Africa, especially women and youth, to be active participants and beneficiaries of the AfCFTA. (Image source: ICD)
During the 33rd Ordinary Session of the Assembly of the Heads of State and Government of the African Union summit, Islamic Corporation for the Development of the Private Sector (ICD) signed an MoU with the A-eTrade Group to advance Africa’s economic transformation under Agenda 2063
Standard Chartered CEO Sanjay Rughani with Minister of Finance and Planning Hon. Phillip Mpango. (Image credit: Standard Chartered Bank)
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora
