Tag: Foreign Investment
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🇬🇭 Ghana’s Treatment of Foreigners Sparks Debate Over Business Culture and National Mindset
ACCRA, GHANA — A statement attributed to Fouad Chalabi, a former Commercial Director of Spacefon, now known as MTN Ghana, has reignited discussion about how Ghana treats foreign investors and businesspeople compared with its own citizens. Chalabi, who has reportedly conducted business in Ghana as well as Lebanon, is quoted as saying: “Ghanaians treat foreigners…
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🇷🇼How to Start a Business in Rwanda as a Foreigner: 100% Ownership, Taxes, Documents and Capital Requirements
KIGALI, RWANDA — Rwanda has positioned itself as one of Africa’s most business-friendly destinations for international entrepreneurs, investors and companies looking to establish operations on the continent. For foreign entrepreneurs, one of the country’s biggest advantages is that 100% foreign ownership is permitted in companies registered in Rwanda. Contrary to a common misconception, a foreign…
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🇹🇿 Tanzania Says American Billionaire Cannot Sell $7.9 Million Island He Claimed to Own
An unusual property dispute has emerged in Tanzania after American billionaire venture capitalist Tim Draper announced that he was selling his private island in Lake Tanganyika for $7.9 million—only for Tanzanian authorities to clarify that he does not actually own the land. Draper announced on August 28 that he was putting his Tanzanian island on…