Ethiopia’s visa on arrival to boost cross-border tourism, trade
Africa Industry Tourism Travel

Ethiopia’s Visa on Arrival to Boost Cross-border Tourism, Trade

Ethiopia has launched visa on arrival service for all African travellers as of November 1, 2018. The service was launched at a ceremony held at the headquarters of the African Union Commission in the presence of the African Union Commission Chairperson, Ethiopian high government officials, and African Ambassadors residing in Addis Ababa, among others. Addressing […]

Africa Industry

Mastercard Foundation Declares US$2m to Fund Young African Leaders’ Projects

The Mastercard Foundation On November 1 announced a new fund that will enable young changemakers to seed and kick-start promising social ventures and community projects, creating economic opportunities for themselves and others. Over the next two years, the Foundation will dedicate US$2 million for a pilot project that will expand Mastercard Foundation Scholars’ capacity to exercise […]

African economies continue to rely heavily on taxes on goods and services, which accounted for 54.6% of total tax revenues in the Africa (21) average
Africa

African Economies Sustain Progress in Domestic Resource Mobilisation – Report

Africa has sustained gains in domestic resource mobilisation made since 2000, as tax revenues remained stable in 2016, according to Revenue Statistics in Africa 2018 report. Providing internationally comparable data for 21 participating countries, the report finds that the average tax-to-GDP ratio was 18.2% in 2016, the same level as in 2015, which represents a strong […]

2018 Anzisha Prize Finalists
Africa Industry Wellness

Ugandan wins $12,500 at 2018 Anzisha Prize Awards

Joan Nalubega, 21, from Uganda has emerged second-runner up at the 8th annual Anzisha Prize awards gala. This was announced by the Mastercard Foundation and African Leadership Academy in an October 30 statement. Nalubega is the co-founder of Uganics, which produces mosquito-repellent soap to combat malaria in Uganda. With the US$12,500, she will conduct a certification study […]

Atsuko Toda, Bank Director for Agricultural Finance and Rural Development
Africa Industry

AfDB Rolls out Programme to Boost Climate Risk Financing and Insurance for African Countries

African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries. The comprehensive programme, open to regional member countries, will enhance their ability to evaluate climate-related risks and costs, respond to disasters and review adaptation […]

African Tax Administration Forum Executive Secretary Logan WORT and the President of the Pan-African Parliament Roger Nkodo DANG sign documents to strengthen tax laws in Africa
Africa Industry

African Tax Administration Forum, Pan-African Parliament Partner to Strengthen Tax Laws

African Tax Administration Forum (ATAF) Executive Secretary Logan WORT and the President of the Pan-African Parliament Roger Nkodo DANG, have signed a five-year Memorandum of Understanding to formalize cooperation between their respective institutions on tax policy and tax administration reforms on the continent. Prior to the signing that happened during the first ordinary session of […]

Tony Elumelu Foundation and Chairman, UBA, Mr. Tony O. Elumelu and Ghanaian president Nana Akufo-Addo, at the TEF Entrepreneurship Forum 2018
Africa Industry

Entrepreneurship is the Key to Unlocking Economic Development on Our Continent – Tony Elumelu

5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event is an opportunity for bringing together young business talent, creating dynamic networks and transmitting the message to policymakers that a vibrant and responsible […]

African Development Bank has urged power sector to capitalize on women’s capabilities
Africa Industry Jobs & career

African Development Bank Urges Power Sector to Capitalize on Women’s Capabilities

The African Development Bank Group, in partnership with the French Development Agency, Association of Power Utilities of Africa and African Network of Centers of Excellence (ANCEE) last week organized a three-day seminar on “Promoting Gender Equality in the African Power Sector” at the Bank’s headquarters in Abidjan. The seminar brought together 50 human resource directors […]