Key points World Bank has cautioned Kenya against ending the Kenya Power and Lighting Company’s (KPLC) monopoly as the government considers allowing private energy producers to sell power directly to …
Feyisayo Ajayi
Feyisayo Ajayi
Feyisayo Ajayi is a finance reporter at Billionaires Africa, covering company valuations, latest market trends, and developments in the African continent with a special focus on finance, energy & renewables, and technology.
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KEY POINTS SARS faces a $1.25 billion shortfall in tax collections for 2024, as revealed in the MTBPS. Individual tax revenues underperformed due to lower-than-expected wage growth, impacting overall …
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KEY POINTS Botswana’s new president, Duma Boko, aims to finalize the stalled De Beers diamond sales agreement swiftly. Mobile transactions reached $200 billion in 2020, contributing up to 5% of …
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KEY POINTS Mobile money drives financial inclusion in Africa, with over 500 million accounts enabling access to essential financial services. Mobile transactions reached $200 billion in 2020, contributing up to …
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KEY POINTS Zimbabwe and the EU sign $81.4 million in agreements focused on agriculture, biodiversity, governance, and gender equality, marking strengthened ties. The EU aims to mobilize European businesses to …
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KEY POINTS Declining reserves and aging infrastructure: Angola’s oil production dropped from 1.9 million bpd in 2015 to 1.4 million bpd in 2022; urgent upgrades are needed. Opportunities in Offshore …
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KEY POINTS King of Saudi Arabia, Salman bin Abdulaziz Al Saud, through his humanitarian Aid and Relief Center(KSrelief), at a Donor Conference held in Jeddah, raised over $1.1 billion to …
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KEY POINTS Egyptian Finance Minister Ahmed Kouchouk emphasizes optimism for productive talks with the IMF during upcoming consultations on economic reforms. Kouchouk engages with global finance leaders at G20 and …