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Finance

A signboard for the Uganda Revenue Authority

Africa Urged to Mobilise Domestic Resources as Tax Revenues Continue to Fall Across the Continent

By Footprint to AfricaNovember 25, 2019

Urgent action is needed to mobilise domestic resources as tax revenues plateau across Africa. This is according to a new report dubbed Revenue Statistics in Africa…

Finance

The Mediterranean coast at Monastir Tunisia

Tunisia Secures Additional €150m from EU

By Footprint to AfricaNovember 5, 2019

Tunisia is set to receive an additional €150 million in funding from the European Union’s Macro-Financial Assistance(MFA) programme. The country has been able to meet conditions…

Finance

AfDB Shareholders Approve $115bn Capital Increase for the Bank

By Footprint to AfricaNovember 4, 2019

The governors of the African Development Bank, representing shareholders from 80 countries, have approved $115bn increase in capital for the continent’s foremost financial institution, Punch reported…

Finance

Bitcoin Economy Boosting Entrepreneurship in Africa, Experts Say

By Footprint to AfricaOctober 9, 2019

Blockchain technology and the role of entrepreneurship in driving Africa’s prosperity in the Fourth Industrial Revolution (4IR), were some of the key topics taking centre stage…

Finance

Mobile Money Transactions in Kenya Grow by 10% in 8 months

By Footprint to AfricaOctober 8, 2019

Kenya recored Sh2.87 trillion worth of mobile money transactions in the first eight months of the year, representing a 10.3 percent rise over 2018 transactions worth…

Finance

Nigeria Seeks Increased Forex Earnings via Commodities Exchange

By Footprint to AfricaOctober 7, 2019

The Federal Government has identified the need to increase foreign exchange earnings and government revenue through the development of a vibrant commodities exchange trading ecosystem. The…

Finance

Countries that Offer More Loans to Women to Benefit More from AfDB Financing

By Footprint to AfricaOctober 4, 2019

The President, African Development Bank, Akinwumi Adesina, has said African countries that give women a priority in loan disbursement will benefit more from its financing. Adesina…

Finance

Paris-Based Startup, FairMoney Raises 10m Euros to Help Reshape Mobile Banking in Nigeria and Beyond

By Footprint to AfricaSeptember 18, 2019

Paris-based financial tech (fintech) startup, FairMoney has closed a 10 million-euro Series A round of investment. The round was led by Flourish, a venture of The…

Finance

AFC Closes Japanese Loan Deal as Group Moves Towards Building a Broad Coalition of International Investors

By Footprint to AfricaSeptember 18, 2019

The Africa Finance Corporation (AFC), Africa’s leading investment-grade infrastructure solutions provider, has announced the successful closure of a deal that raised $233 million and JPY 1…

Finance

AFC Welcomes Madagascar as its 22nd Member State

By Footprint to AfricaSeptember 4, 2019

The Republic of Madagascar has officially become the twenty-second (22nd) member state of the Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa. The…

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Three Major Reasons Why Africa is Underdeveloped – Osita Oparaugo

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