Business Africa
Economic growth in sub-Saharan Africa in 2020 is projected at 2.9% compared to the 3.2% previously announced by the World Bank.
The year 2020 is off to a timid start in sub-Saharan Africa. The region’s economic growth is significantly lower than the forecasts announced by the World Bank.
In its latest World Economic Outlook report, the organization reports a drop in economic growth to 2.9% compared to the 3.2% previously announced.
Nigeria: lower taxes to boost SMEs
Nigeria has decided to support SMEs this year with a significant tax cut.
It’s a new bill deemed salutary by the Nigerian authorities. Increasing government revenue through an increase in value added tax and tax cuts.
In concrete terms, this is a policy of increasing tax revenue as part of efforts to diversify its economy to reduce its dependence on the sale of crude oil.
02:21
2023 Biennale of Luanda focuses on education, peace in Africa
Go to video
West Africa responds to huge diphtheria outbreaks by targeting unvaccinated populations
Go to video
Germany pledges to invest in green energy projects in Africa
01:53
Support Africa's call for reform of international financial architecture- AU chair tells G20
01:50
Paris Peace Forum offers platform to discuss artificial intelligence
Go to video
World's population passes 8 billion