Africa: Tax application stays are distorting intra-EAC trade, Nduva cautions

Stay of application and duty remission for industrial inputs are part of measures adopted n 2020 by the EAC The East African Community Secretariat has cautioned the private sector in partner states against frequent requests for stay of application of tax on products that are readily available in the region. Speaking during the Kenya Private Sector Alliance (Kepsa)-EAC Secretary-General…

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Why Key Global Players Are Turning Their Focus On Africa

With geopolitical confrontation and tensions deepening, the key global players are swiftly turning their focus on Africa. In practical terms, African leaders are also making strategic choices based on their development paradigms. These leaders are forced to work on their election campaign promises, especially those relating to economic development and set comprehensive targets for improving performance. After the presidential…

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Why Key Global Players Are Turning Their Focus On Africa

With geopolitical confrontation and tensions deepening, the key global players are swiftly turning their focus on Africa. In practical terms, African leaders are also making strategic choices based on their development paradigms. These leaders are forced to work on their election campaign promises, especially those relating to economic development and set comprehensive targets for improving performance. After the presidential…

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$40 000 in prize money won by four leading African entrepreneurs

Africa’s premier youth entrepreneurship initiative the Anzisha Prize this month announced the 2024 Prize winners at their annual Entrepreneurship Education in Africa Awards (EEA) gala event held in Johannesburg, South Africa. The overall winners were Mathias Yabe, Nzinga Antonio, Sharon Alyorneku and Ivo Bonfirm. Each prize, while distinct recognises the ability of the winners to successfully transform their business. Not…

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$40 000 in prize money won by four leading African entrepreneurs

Africa’s premier youth entrepreneurship initiative the Anzisha Prize this month announced the 2024 Prize winners at their annual Entrepreneurship Education in Africa Awards (EEA) gala event held in Johannesburg, South Africa. The overall winners were Mathias Yabe, Nzinga Antonio, Sharon Alyorneku and Ivo Bonfirm. Each prize, while distinct recognises the ability of the winners to successfully transform their business. Not…

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Empowering the Future: Nestlé’s Commitment to Youth Development in Central and West Africa

In Central and West Africa (CWA) region, young people are at the forefront of many transformative initiatives.   Their creativity and resilience are evident in various fields, from technology, entrepreneurship to environmental conservation. International Youth Day offers an opportunity to recognise and celebrate these contributions, while also addressing the barriers that still need to be overcome.  The 2024 theme, “From…

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Empowering the Future: Nestlé’s Commitment to Youth Development in Central and West Africa

In Central and West Africa (CWA) region, young people are at the forefront of many transformative initiatives.   Their creativity and resilience are evident in various fields, from technology, entrepreneurship to environmental conservation. International Youth Day offers an opportunity to recognise and celebrate these contributions, while also addressing the barriers that still need to be overcome.  The 2024 theme, “From…

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UFC Plans to Host Tournament in Africa by 2025

During a press conference, David Shaw, Senior Vice President of the American MMA promotion UFC, addressed inquiries about when the organization plans to hold a tournament in Africa. According to Shaw, the timing will depend on the approval of UFC President Dana White. Should White give the green light, the organization will begin planning the event immediately. However, Shaw…

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