BY ANDUALEM SISAY GESSESSE – The Government of Ethiopia urged its diaspora community to use the formal and legal banking and money transfer system while sending remittances to their families.
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African countries are advised to embrace artificial intelligence based new technologies including Blockchain financial technology, instead of banning because the countries don’t have regulatory frameworks in place.
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The Corporate Tax Haven Index (CTHI) by Tax Justice Network launched yesterday shows how the United Arab Emirates (UAE) and Mauritius are among the most corrosive corporate tax havens against African countries.
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To repatriate its stolen wealth and fight future illicit financial outflows, the Government of Ethiopia has applied to join the 199 member countries group.
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The Executive Secretary of UN Economic Commission for Africa (ECA), Vera Songwe has reflected on multiple issues including Continental Free Trade Area (AfCFTA), digital identity, investment opportunities and strengthened partnerships.
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