The African Continental Free Trade Area (AfCFTA) could begin operating on January 1 next year, after the COVID-19 pandemic made its original launch date untenable, the official charged with overseeing the bloc’s establishment said on Thursday.
Kenya will impose a 1.5% digital tax on tech companies in an effort to squeeze more from online firms that do business and earn profits in the country.
Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron-ore reserve, another step towards the realisation of a project which it hopes will bring a $15-billion windfall over the 25-year lifespan.
Kenya’s private sector activity inched up in May after falling sharply a month earlier because of restrictions to curb the spread of Coronavirus, but conditions are expected to worsen in the coming months, a survey showed on Thursday.
Liberian President George Weah says the country has made enough progress against the coronavirus to allow the reopening of the international airport and hotels in two weeks' time.
