David Malpass, President, World Bank Group; Kristalina Georgieva, Managing Director, International Monetary Fund; and Janet Yellen, U.S. Secretary of the Treasury spoke on economic recovery at the ongoing World Bank Group-International Monetary Fund Spring Meetings 2021Washington, DC, United States.
Lagos, Nigeria//-Sparkle, a mobile-first digital ecosystem providing financial, lifestyle and business support services to Nigerians across the globe, has launched Sparkle Business, a new service on the existing Sparkle mobile application, to help small businesses and SMEs access the much-needed products and services to grow their enterprises digitally.
Some 80% of Nigerian SMEs do not pay their taxes, depriving the Treasury of billions of naira a year. What lies at the heart of the problem?
The pandemic has hit small and medium enterprises particularly hard, partly because they are predominant in some contact-intensive sectors like hotels, restaurants, and entertainment.
Kigali, Rwanda//-The Kigali International Financial Centre (KIFC) is poised to become one of the leading international financial centres on the continent.
Washington, U.S//—Economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020, and prospects for recovery are strengthening amid actions to contain new waves of the pandemic and speed up vaccine rollouts, according to the World Bank’s biannual economic analysis for […]
Tanzania’s President Samia Suluhu Hassan has picked Finance Minister Philip Mpango for vice president.
Washington, U.S –The World Bank has approved the $100 million Ghana Productive Safety Net Project 2 (GPSNP 2) to support the government to expand and strengthen its social safety net program.
Parents who adopt children will enjoy fully paid leave after President Uhuru Kenyatta assented to the Employment (Amendment) Bill of 2019.
Abidjan, Ivory Coast//-Several heads of state and government, the United Nations and heads of multilateral development finance institutions on Monday called for expansion of the Debt Service Suspension Initiative, under which low-income countries have suspended paying down debt during the Covid-19 pandemic.
