African governments are not collecting enough taxes to fuel their development plans. Ideas for making up the difference abound; implementing them is not so easy. Africa is struggling to change tax structures that fail to bring in sufficient revenue, that leave too many potential taxpayers outside the net, and that allow too much revenue leakage … Read more
China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit with … Read more
In an exciting announcement that has football fans across Africa jumping for joy (and perhaps doing a little celebratory dance), the Confederation of African Football (CAF) has officially confirmed the dates for the much-anticipated 2024 African Nations Championship (CHAN). Drumroll, please! Mark your calendars for February 1 to February 28, 2025, because football fever is … Read more