Category Global

Revamping Africa’s Tax Systems for The Digital Age

AS the global economy increasingly shifts online, African nations face the urgent challenge of overhauling their tax systems to stay competitive. The rise of digital platforms, online commerce, and remote work has disrupted traditional taxation models, demanding innovative strategies to…

Raxio Taps Robert Skjødt as CEO to Lead African Expansion

RAXIO Group, Africa’s leading provider of Tier III carrier-neutral data centres, has announced the appointment of Robert Skjødt as its new chief executive officer. Skjødt, a seasoned infrastructure expert with over 30 years of global leadership experience, takes the helm…

56 Dead in Guinea Soccer Stampede After Referee Dispute

A CONTROVERSIAL refereeing decision led to chaos and violence at a football match in southeast Guinea, resulting in the deaths of 56 people, including children, according to provisional reports from the government. The incident occurred during the final of a…

Ghana Secures $360m IMF Boost Amid Economic Reforms

THE IMF has approved the third review of Ghana’s $3bn lending programme, granting an immediate disbursement of nearly $360 million. The move is a boost for the West African nation as it navigates recovery from its 2022 debt default and gears up…

Sonko Resigns as MP, Stays on as Senegal’s PM

SENEGALESE Prime Minister Ousmane Sonko announced on Monday that he will continue leading the government, rejecting calls to preside over parliament following his party’s historic election victory.   The ruling Pastef party, led by President Bassirou Diomaye Faye and Sonko,…

The Critical Need for African Energy Banks

FOR years, Africa’s oil and gas sector has faced mounting global pressure to halt new fossil fuel investments, with international organisations demanding an immediate shift to renewables. Yet these calls often come from industrialised nations that built their wealth on…

Syrian Forces, Allies Strike Rebel-held Areas

  ACTIVISTS in Idlib said that Syrian and Russian warplanes launched a series of airstrikes on Monday on areas taken over by rebels in north-west Syria during a surprise offensive. According to the White Helmets, a Syrian civil defence organization…