The Attorney General of Nigeria withdrew its $2 billion tax demand against MTN Nigeria on Friday and referred the matter to the Federal Inland Revenue Service (FIRS) and Nigeria Customs. MTN CEO, Rob Shuter says the decision paves the way to an orderly and amicable solution to the issue. President of Association of Telecoms Companies of Nigeria (ATCON), Olusola Teniola joins CNBC Africa for more.
Last week in Paris, France, a $30 million sub-participation agreement was signed between the French Development Agency (AFD) and the African Guarantee Fund (AGF). The deal seeks to improve access to financing for African Small and medium-sized enterprises (SMEs). CNBC Africa spoke to Deputy CEO of AGF, Jules Ngankam for more.
The Chairman of Africa Guarantee Fund (AGF), Andrew Temu says they have signed a Memorandum of Understanding (MoU) with the Attijariwafa Bank to leverage over $50 Million to serve women-owned and managed enterprises in North Africa. CNBC Africa's Kenneth Igbomor caught up with Andrew Temu on the sidelines of the Global Gender Summit in Kigali.