Finance

Algeria
Investment promotion agency plans foreign tour

The new body set up in September 2022 is aiming to attract and reassure investors with new incentives.

Djibouti
Central bank braces for its first FATF anti-graft review

The international financial crime watchdog is about to launch its first assessment of the measures Djibouti has put in place to combat money laundering and the financing of terrorism.

The New Guard
DR Congo, Guinea, Ethiopia, Eswatini

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

DRC Charlotte Kalala, a bridge between the diaspora and the two Congos

Guinea Mohamed Diawara, leader of the revolting judges

Ethiopia Noel Daniel, promoting venture capital in Addis

Eswatini Sicelo Mngomezulu, the pro-democracy lawyer exiled by the absolutist king

DRC
IMF remains cautious ahead of polls

Following the visit to Kinshasa in mid-September by a technical mission under the Extended Credit Facility agreement, the IMF expressed concern at an increase in spending in the run-up to the forthcoming elections.

Ethiopia
Future stock exchange set to take crucial next step with securities platform

The National Bank of Ethiopia (NBE), which tasked UK agency FSD Africa with choosing the company that will set up a securities exchange platform, is examining its proposal. This system is essential for the launch of the Ethiopian Stock Exchange, scheduled for next July.

Nigeria
Nigeria stands aloof from scramble for carbon credits

Nigeria has immense potential in the carbon credits market, which is largely dominated by East African countries. But Bola Tinubu's new administration doesn't seem particularly interested.

The New Guard
Nigeria, Gabon, DRC, Egypt

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

Nigeria Ajuri Ngelale, Tinubu's rising comms star

Gabon Anges-Kevin Nzigou, the key opposition lawyer ready to pounce

DRC Junior M'Buyi, the international finance expert back in Kinshasa

Egypt Serial investor Mohamed ‘Nagaty' Aboulnaga strikes again

Nigeria
Tinubu's tax task force swings into gear

The Presidential Committee on Fiscal Policy, Tax Reforms has begun its work. Its key mission is to bring Nigeria's tax rate up from 11% to the continental average of 18%.