The Zambian Kwacha is expected to gain strength against the US dollar after the mineral royalty tax is changed. (Image source: NumismaticCoinHistory/Flickr)
The Zambian government’s approval to change the mineral royalty tax regime is expected to strengthen the local currency Kwacha against the dollar, stated Zambian banks
Emmanuel Nnadozie, executive secretary of ACBF and Nkosazana Dlamini Zuma, chairperson of the African Union Commission. (Image source: AU)
The African Union (AU) has extended a US$3mn grant from the African Capacity Building Foundation (ACBF) in a bid to support its three-year capacity building programme
Oil exporting countries such as Nigeria have been affected by the downturn in international petroleum markets. (Image source: Bill Kret)
As private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance
Christian Adovelande, president of BOAD. (Image source: BOAD)
The Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn
The Nigerian insurance major is banking on the boom in Africa’s construction and infrastructure sector. (Image source: Pedro Moura Pinheiro/Flickr)
Nigerian company Continental Reinsurance plans to double premium income from its property and engineering business to US$80mn in the next five years, said executive director Lawrence Nazare
