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AfCTA Holds Potential To increase Africa’s GDP By $450Bn In 2035 – Shettima

Nigeria’s Vice President, Kashim Shettima, projected on Thursday that the African Continental Free Trade Area (AfCTA) agreement had the potential to raise Africa’s gross domestic product (GDP) by $450 billion in 2035. Shettima, who made this forecast at a breakfast event with African Heads of State to launch the Action Plan for AfCTA on the […]

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ATAF Tasks African Leaders On Women-Supportive Tax Policies

The African Tax Administration Forum (ATAF), an umbrella body for all tax administrators in Africa, has called on African leaders to discontinue all tax policies that impose unfair burdens on women who are financially stressed, denying them the opportunity to break out of the cycle of poverty and to contribute more constructively to wider economic […]

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WTO DG: South Korea’s Myung-hee May Withdraw From Race

There are strong indications that South Korea may have decided to withdraw its trade minister, Yoo Myung-hee, from the World Trade Organisation (WTO) Director General’s race thereby paving the way for Nigeria’s candidate, Dr. Ngozi Okonjo-Iweala, to be confirmed for the position ultimately. U.S-based Washington Trade Daily (WTD) on Tuesday quoted people familiar with the […]

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Utomi, Oramah, Others Rate Global Trading System Unfair To Africa

Most Chief Executive Officers (CEOs) in Sub-Saharan Africa (SSA) believe that as currently structured the global trading system remains unfair to Africa and explicitly called for a fairer system governing global trade that will support developing countries The corporate leaders’ verdict on the global trading system was given in a survey of 200 CEOs commissioned […]

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Okonjo-Iweala Tasks Insurance Industry Policy Makers On Education

Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has advocated improved education for insurance policy makers in order to achieve deeper insurance penetration in the country. Okonjo-Iweala, who gave the advice today at the sidelines of the 53rd Annual Meeting of the African Development Bank (AfDB), in Busan, South Korea, noted that the low level of […]

Picture Speaks

During The African Development Bank’s 53rd Annual Meetings Underway In Busan, Korea, On Wednesday

African Risk Capacity (ARC) Chairperson, Dr. Ngozi Okonjo-Iweala and African Development Bank (AfDB)  President, Dr. Akinwumi Adesina at the High-Level Panel during the Bank’s 53rd Annual Meetings underway in Busan, Korea, on Wednesday