Seychelles’ ambitious economic roadmap—highlighted by plans to channel approximately $2 billion into a brand-new, independently managed sovereign wealth fund over the next five years—marks a pivotal evolution in island-nation financial governance. Targeting vital pillars such as infrastructure, health, and education, this initiative is designed to safeguard national resources and strengthen domestic systems against global economic […]
The proposed expansion of the Dangote Group into Kenya’s Lamu Port highlights the growing importance of cross-border investment, regional infrastructure, and corporate structuring in Africa. Connecting West and East Africa Lamu’s position within the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor makes it a significant consideration for businesses seeking access to East African markets. For investors, […]
Tanzania’s mining sector has transformed into a major economic pillar, contributing significantly to the national GDP. However, this growth comes hand-in-hand with strict regulatory frameworks, local content mandates, and mandatory state equity. For international mining conglomerates and suppliers, entering this market requires more than operational vision—it requires a watertight structural foundation across four key pillars. […]
Angola is seeking to sustain oil production above the 1-million-barrel-per-day level while encouraging further investment in its upstream sector. Major developments include ExxonMobil’s extended commitment to offshore Block 15 through 2037 and plans for further onshore and offshore licensing activity. For international energy companies, contractors, and investors, these opportunities come with increasing requirements around local […]
Namibia’s aggressive push toward regional industrialization—highlighted by national initiatives to establish localized manufacturing and processing facilities across all 14 regions—signals a profound shift in Southern African economic policy. While this decentralization unlocks immense potential for local value addition, it creates complex multi-jurisdictional hurdles. For international investors, manufacturers, and supply-chain conglomerates looking to capitalize on […]
Benin’s 2026 Amending Finance Law introduces several changes affecting corporate profits, capital gains, digital transactions, and cross-border businesses. For multinational groups and investors operating in West Africa, understanding these developments is increasingly important when planning their Beninese operations and international tax structure. Corporate Tax & Investment Incentives Beninese businesses remain subject to the applicable corporate […]
Kenya has been an economic success story in Africa. However, current tax regime is heavily reliant on income and consumption taxes and disproportionately impact low- and middle-income earners. Hence, there are calls for a progressive wealth tax that would shift part of the fiscal burden to the wealthiest households. Proposed models include tiered rates on […]
The issue of how to tax cloud computing services when provided by foreign big tech companies has been much disputed in recent years. On one side, tax officials argue that foreign companies that receive payments for technology-related services, like cloud computing or internet leased lines provided to Indian customers, are essentially earning royalty or fees […]
Amazon Web Services (AWS) is a cloud services provider selling cloud computing services in India. In 2023, an Indian tax office issued an order that income earned by AWS on cloud computing services provided to Indian clients amounted to royalty and fees for included service and therefore taxable. Thus, the sum of $147 million was […]
UK Chancellor Rachel Reeves faces increasing fiscal pressure amid rising borrowing costs which is challenging the budget borrowing limits. With Labour government having ruled out both, further tax increases and further spending cuts, alternative revenue sources are under scrutiny. Campaigners propose taxing the super-rich to raise funds without affecting working families, though critics warn this […]
