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In there

Tax authorities have sealed the offices of Vodacom for non-payment of $165 million in back taxes.

December 11, 2022 by newsy today

(Ecofin Agency) – An audit carried out by the Congolese authorities accuses 3 telecom companies of tax evasion offenses over the period 2016 – 2019. The Directorate General of Taxation …

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Categories Business Tags Companies, In there, millions, par, telecommunications, They, US dollars, Vodacom Leave a comment

The Sustainable Energy Fund for Africa will invest 10 million dollars to develop geothermal resources in Tulu Moye

December 11, 2022 by newsy today

(AFRICAN DEVELOPMENT BANK) – The Board of Directors of the African Development Bank Group has awarded the Sustainable Energy Fund for Africa (SEFA) a ten million dollar reimbursable grant to …

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Categories Business Tags a, Development, empty, fun, In there, is, par, sector Leave a comment

Petro Ivoire pledged almost 15.5 million dollars in interest to subscribers in its bond loans

December 9, 2022 by newsy today

(Ecofin Agency) – Petro Ivoire has decided to approach the WAEMU capital market to finance some of its growth objectives. For investors, this is an opportunity to generate interest income. …

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Categories Business Tags billion dollars, empty, fcfa, In there, Investors, is, They, WHO Leave a comment

Orange presents its environmental strategy for Africa

December 5, 2022 by newsy today

(Ecofin Agency) – On the sidelines of the 2022 climate change conference (Cop27), held from November 6 to 18, 2022 in Sharm el-Sheikh, Egypt, Jean Michel Canto, Director of Sustainable …

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Categories Business Tags empty, In, In there, no, on, They, WE, WHO Leave a comment

weekly health points in Africa

December 5, 2022 by newsy today

(Ecofin Agency) – Among other things this week, the WHO decided to change the name Monkeypox, to fight stigma, a new case of Ebola was detected in Uganda, and a …

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Categories Health Tags a, cas, empty, Health, In, In there, Summer, They Leave a comment

Empower raises $74 million for renewable energy projects

December 4, 2022 by newsy today

(Ecofin Agency) – In Africa, only ten countries have captured 90% of private investment in energy and electricity infrastructure in the past ten years, according to the IEA. Moreover, the …

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Categories Business Tags Africa, empty, energy, Get up, In, In there, investment, They Leave a comment

Aya awarded $78 million contract for new plant at Zgounder silver mine

December 4, 2022 by newsy today

(Ecofin Agency) – In addition, a new plant in the Zgounder silver mine will increase the amount of ore processed daily, in order to bring the production to approximately 8 …

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Categories Business Tags agent, empty, factory, In there, News, oz, zgounder Leave a comment

Due to the lack of sufficient funding, 43 African start-ups in 9 months opted for merger or divestment (report)

November 27, 2022 by newsy today

(Ecofin Agency) – In a context where access to financing is becoming more complex, start-ups that cannot raise money are candidates for sale. On the contrary, more mature start-ups take …

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Categories Business Tags financing, have, In there, on, par, report, Start, They Leave a comment

ADB invests 20 million dollars in funds targeting renewable energy projects

November 19, 2022 by newsy today

(AFRICAN DEVELOPMENT BANK) – The Board of Directors of the African Development Bank Group today approved a US$20 million investment in Evolution Fund III, a pan-African private equity fund specializing …

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Categories Business Tags Banking, Development, energy, Evolution, funds, In, In there, They Leave a comment

The preferred bidders for the concession in 3 of the 4 main known airports

October 29, 2022 by newsy today

(Ecofin Agency) – Nigeria’s international airport concession process continues, a plan based on the diversification of the national economy with a view to reducing its dependence on oil revenue. The …

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Categories Business Tags concession, Consortium, empty, In there, on, Process, tender, They Leave a comment
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