Business

Ghana: President Akufo-Addo justifies e-levy and pledges restoration of economy

Ghana: President Akufo-Addo justifies e-levy and pledges restoration of economy

In an interview with the BBC, Ghanaian President Nana Akufo-Addo justified the e-levy bill passed by parliament by saying it was aimed at taxing the industry and not the poor. Parliament in Ghana on March 29, 2022, approved the e-levy bill, after the minority staged a walkout. President Akufo-Addo said …

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Nigeria: US to build $537m consulate in Lagos

Nigeria: US to build $537m consulate in Lagos

The United States announced the building of a consulate in the Nigerian megacity Lagos, the country’s commercial capital, as Washington strengthens economic and diplomatic relations with Africa’s most populous country, Reuters agency reports. The consulate will be worth $537 million. The U.S. is among the largest foreign investors and donors …

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