Africa Business News

France is closing its embassy in Niger indefinitely as tensions between the two countries escalate.
The embassy says it is no longer able to function normally or fulfil its missions" due to restrictions imposed by Niger's military government.
former French ambassador Sylvain Itté says Local embassy staff have also been dismissed.
The embassy had been attacked by thousands of pro-junta protestors shortly after the coup but were dispersed by Nigerien forces before they could enter the building.
Under Mr Bazoum, France had more than 1,500 troops stationed in Niger to help fight jihadist groups linked to both al-Qaeda and Islamic State.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

France is closing its embassy in Niger indefinitely as tensions between the two countries escalate.
The embassy says it is no longer able to function normally or fulfil its missions" due to restrictions imposed by Niger's military government.
former French ambassador Sylvain Itté says Local embassy staff have also been dismissed.
The embassy had been attacked by thousands of pro-junta protestors shortly after the coup but were dispersed by Nigerien forces before they could enter the building.
Under Mr Bazoum, France had more than 1,500 troops stationed in Niger to help fight jihadist groups linked to both al-Qaeda and Islamic State.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

France is closing its embassy in Niger indefinitely as tensions between the two countries escalate.
The embassy says it is no longer able to function normally or fulfil its missions" due to restrictions imposed by Niger's military government.
former French ambassador Sylvain Itté says Local embassy staff have also been dismissed.
The embassy had been attacked by thousands of pro-junta protestors shortly after the coup but were dispersed by Nigerien forces before they could enter the building.
Under Mr Bazoum, France had more than 1,500 troops stationed in Niger to help fight jihadist groups linked to both al-Qaeda and Islamic State.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Abuja Chamber of Commerce and Industry called on the federal and state governments to streamline the various tax policies being implemented in their respective domains.
ACCI’s newly elected President, Chief Emeka Obegolu, SAN, says although the payment tax is considered a civic duty, its remittance is a significant source of revenue generation that helps the government to meet its statutory obligations.
He says the multiplicity and duplication of taxes by government agencies have turned it into a clog in the wheel of progress for companies, micro, small and medium-scale businesses struggling to survive amid worsening economic conditions and unfriendly operating environment.
He appealed to the government at all levels to prioritise the provision of essential infrastructure, streamline tax policies, and enhance the ease of conducting business.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Abuja Chamber of Commerce and Industry called on the federal and state governments to streamline the various tax policies being implemented in their respective domains.
ACCI’s newly elected President, Chief Emeka Obegolu, SAN, says although the payment tax is considered a civic duty, its remittance is a significant source of revenue generation that helps the government to meet its statutory obligations.
He says the multiplicity and duplication of taxes by government agencies have turned it into a clog in the wheel of progress for companies, micro, small and medium-scale businesses struggling to survive amid worsening economic conditions and unfriendly operating environment.
He appealed to the government at all levels to prioritise the provision of essential infrastructure, streamline tax policies, and enhance the ease of conducting business.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Abuja Chamber of Commerce and Industry called on the federal and state governments to streamline the various tax policies being implemented in their respective domains.
ACCI’s newly elected President, Chief Emeka Obegolu, SAN, says although the payment tax is considered a civic duty, its remittance is a significant source of revenue generation that helps the government to meet its statutory obligations.
He says the multiplicity and duplication of taxes by government agencies have turned it into a clog in the wheel of progress for companies, micro, small and medium-scale businesses struggling to survive amid worsening economic conditions and unfriendly operating environment.
He appealed to the government at all levels to prioritise the provision of essential infrastructure, streamline tax policies, and enhance the ease of conducting business.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from the World Bank to procure 21 items, which included office stationeries, furniture, solar inverters, office equipment, and vehicles.
The SFTAS project was designed to strengthen transparency and accountability at the sub-national level and ended in 2022.
The procurement plan is in line with the World Bank’s Procurement Guidelines which establish the arrangements to be made for procuring the goods and works (including related services) required for a project.
The Home Finance Department received $25,713 to acquire office stationery and supplies.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from the World Bank to procure 21 items, which included office stationeries, furniture, solar inverters, office equipment, and vehicles.
The SFTAS project was designed to strengthen transparency and accountability at the sub-national level and ended in 2022.
The procurement plan is in line with the World Bank’s Procurement Guidelines which establish the arrangements to be made for procuring the goods and works (including related services) required for a project.
The Home Finance Department received $25,713 to acquire office stationery and supplies.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from the World Bank to procure 21 items, which included office stationeries, furniture, solar inverters, office equipment, and vehicles.
The SFTAS project was designed to strengthen transparency and accountability at the sub-national level and ended in 2022.
The procurement plan is in line with the World Bank’s Procurement Guidelines which establish the arrangements to be made for procuring the goods and works (including related services) required for a project.
The Home Finance Department received $25,713 to acquire office stationery and supplies.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Ukraine has received a vital $1.34bn in funds from the World Bank.
Ukraine’s Ministry of Finance says the funding has been paid out to support non-security related financial and economic stability.
The cash boost will be welcomed by Kyiv, which warns that its ability to defend against the Russian invasion could soon be impacted by delays in funding from the United States and the European Union.
The ministry noted that the financing, which is the Sixth Additional Financing under its Public Expenditures for Administrative Capacity Endurance in Ukraine (PEACE) project, consisted of a $1.086bn loan from the World Bank, a $190m grant from Norway, a $50m grant from the United States and a $20m grant from Switzerland.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.