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Growth opportunities for African fintech abound.

The fintech landscape in Africa is experiencing a surge in growth opportunities, with South Africa emerging as a key player in this dynamic sector. Despite global challenges, venture capital investment in South Africa remained resilient, marking a 6% increase to reach a notable $620 million in 2023. Fintech solutions, particularly those addressing payment challenges, continue […]

Emirates to resume flights to Nigeria from Dubai on Oct. 1

Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, and offering customers more choice and connectivity from Nigeria’s largest city to, and through, Dubai. The service will be operated using a Boeing 777-300ER. EK783 will depart Dubai at 0945hrs, arriving in Lagos at 1520hrs; the return […]

Cote d’Ivoire joins Arab-Africa Trade Bridges

The Arab Africa Trade Bridges Program (AATB) General Secretariat announced the Republic of Cote d’Ivoire as a new member of the program. This strategic addition marks a significant step towards enhancing trade, economic cooperation, and regional integration between Africa and the Arab world. The AATB program has been very active in promoting economic partnerships between […]

UAE Witnesses 170% Surge in Emiratis Employed in Private Sector Since 2001

According to a TASC poll, the majority of Emiratis, or 73.67 percent, are happy with their current occupations. According to figures released by the Ministry of Human Resources and Human Resources (MoHRE), the number of Emiratis employed in the private sector at the end of 2023 reached approximately 96,000, setting a new historical record. This represents an […]

EU restricts visa provisions for Ethiopian nationals

The European Union (EU) will limit visas for people from Ethiopia. This is because the Ethiopian government hasn’t been helping take back citizens who stay in the EU illegally. The EU Council announced this in a statement on Monday. Ethiopians won’t get visas for multiple entries anymore. Also, Ethiopians with diplomatic and service passports won’t have their […]

GRA educates Market Women on tax compliance

The Ghana Revenue Authority (GRA) in collaboration with the Society of Women in Taxation (SWIT) have launched a tax sensitization program at Mallam Atta market, engaging hundreds of women in a conversation about taxation and national development. The initiative is part of measures to promote tax compliance and empowerment. The intensive education campaign, which took […]

5 African countries with the highest Schengen visa rejection rates

High visa rejection rates pose a significant barrier for Africans looking to travel abroad, particularly to the Schengen region in Europe. Data shows that 70% of the top 10 countries with the highest visa rejection rates are African. Entrepreneurs are especially affected, as visa denials hinder their ability to expand their businesses beyond domestic markets. […]

Can Kenya’s new visa-free policy hurt tourism instead of boosting it?

In January this year, Kenya went visa-free for travelers across the world. This past December, Kenyan President William Ruto announced the decision to scrap visas for all tourists at the beginning of 2024. The historic move to open Kenya’s borders to travelers from around the world could spur the growth of the nation’s tourism industry. […]