The African Union (AU) has urged Arabian countries to renew their investment and trade commitments across Africa.
The African Union has urged Arabian countries to renew their investment and trade commitments across Africa.
Currently, nine African states, including Egypt and Morocco, are part of the Arab League and Faki’s call for increased Arab investment comes at a time when Africa is seeking more economic opportunities to boost its development. “I have repeatedly expressed Africa’s desire to revitalise this partnership for the good of the peoples and countries of both regions. I have always unequivocally stated that our partnership, in its current state, does not rise to the level of those historical relations and various dimensions.
Nigeria experienced a substantial decline of 62.4 per cent in foreign investments according to the Q3 2023 Capital Importation report by the National Bureau of Statistics , dropping from $643.3 million to $242.09 million, last year.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
Amidst efforts to increase revenue generation from tax, the Chartered Institute of Taxation of Nigeria , yesterday, in Abuja insisted
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