The Pan-African Economy in Brief: Tuesday, April 6, 2021
Advertising: Kenya succeeds in forcing Facebook to charge VAT:
In Kenya, some advertisers will now have to pay a 16% VAT on all ads with commercial purposes posted on Facebook. "Due to the implementation of a value added tax in Kenya, Facebook is required to charge VAT on the sale of ads for advertisers who do not advertise for commercial purposes in Kenya," the social network explained in a statement.
AB InBev launches new 2.4 million hectoliter brewery:
AB InBev, the world's largest brewer has launched a new production facility in Mozambique. Based in Marracuene, 30 km north of Maputo, the brewery has a capacity of 2.4 million hectoliters which can be increased to 6.7 million hectoliters. At a cost of $180 million, the project represents the largest private investment in the country's brewing sector. It surpasses rival Heineken's $100 million investment in its 800,000 hectoliters per year production plant to be launched in 2019.
Cameroon agrees to import poultry products from Brazil, free of avian flu:
"Agreement for the import of poultry products." This is the subject of the correspondence that the Minister in charge of Livestock (Minepia), Dr. Taiga, sent on March 22 to the Brazilian ambassador to Cameroon. "As part of the development of the Cameroonian poultry sector and the diversification of input suppliers, I have the honor to accept the import of poultry products and by-products from Brazil, in compliance with the sanitary and zoosanitary requirements of Cameroon and Brazil, according to the standards of the World Organization for Animal Health (OIE)," wrote Minepia.
Fondation Widal signs agreement with Eutelsat to bring broadband to Equateur Province:
The Widal Foundation will bring broadband to the province of Equateur in the Democratic Republic of Congo. It signed a memorandum of understanding to this effect on Friday, April 2 with the company Konnect Africa RDC. The Internet connectivity provided by the Eutelsat Communication subsidiary will be made available to the population through Wi-fi terminals that the Widal Foundation plans to deploy throughout the territory.
Siemens Energy will stabilize the flow of electricity exported from Egypt:
Germany's Siemens Energy has been awarded a contract to build power grid stabilization stations in Sudan. Work will begin in March 2021 and is expected to last two years. One of the two stabilization stations will be located in Dongola in the capital of the northern state. The second station will be located in Merowe, about 330 kilometers north of Khartoum, the capital of Sudan.