Choose your language:
West Africa Hub:
Plateforme industrielle de Diamniadio
Bâtiment Administratif 5eme étage
Diamniadio
Senegal
East and Central Africa Hub:
Kigali – Rwanda
Kigali Business Center (KBC)
Kacyru, Kigali
Rwanda
Info – derrick.denecker@ecosystemholdings.africa
Derrick de Necker – +27606568137
The Republic of Congo’s government has announced that the economy will grow by 0.5% in 2021 after a contraction of 8.6% in 2020. The positive economic outlook is driven by renewed optimism for oil futures, as revenues are projected to rise 21% to 1,846.1 billion CFA francs ($3.32 billion), up from 1,525.3 billion CFA francs […]
Tanzania has launched a new umbrella organization that will bring together startups operating in the country. The body will be called Tanzania Startup Association (TSA), and its main target is to create a collective network of entrepreneurs and startup founders in Tanzania. Tanzania Startup Association was founded by long time successful entrepreneur Zahoro Muhaji. Muhaji […]
Zambia Chamber of Mines has asked the government to reform its taxation policies and treat mineral royalty payments as a deductible expense, in order to eliminate double taxations and spur investment in the sector. Since Parliament passed new tax regulations in 2019, mineral royalty payments have not been treated as a deductible expense when calculating […]
External trade data from Mali’s statistics agency reveals that the country’s gold exports rose 6.5% to 65.6 tonnes in 2019 compared with the previous financial year. The Statistics agency delayed release of the data owing to the coronavirus pandemic that has grinded the Malian economy to a halt and led to refocusing of policy, and […]
Caverton Offshore Group, a helicopter company which service mostly Nigeria’s oil exploration activities in the country’s Nigeria Delta region, posted a revenue of $21.2m for the second quarter of 2020. This revenue comes despite the lockdown in the aviation sector which saw many domestic airlines sustaining huge financial losses. But due to the fact that […]
Domestic flights re-opened in Nigeria and despite hike in flight costs, flyers trooped out to travel to different destinations across the country after over three months of flight and inter-station travel restrictions.
Nigerians are up in arms on social media criticising a new government policy which would see small and medium scale businesses which use courier services paying $645 to obtain a licence and $258 for renewal According to the Nigeria Postal Service which oversees this new revenue drive, international courier and logistics services are expected to […]
The objective of the operation is to support Uganda’s efforts to contain the human cost of COVID-19, mitigate its social and economic impact, and support economic recovery The Board of Directors of the African Development Fund today approved a $31.6 million COVID-19 Crisis Response Support Program (CRSP) to Uganda to support the government’s response to […]
Nigeria’s Federal Executive Council has approved the payment of €15.21m Euro (offshore) and N1.7bn (onshore) counterpart funding for its power deal with German energy company, Siemens AG. The deal was a result of a meeting between Nigeria’s President Muhammadu Buhari and German Chancellor, Angela Merkel in 2018, which culminated in the signing of a letter of […]