Get a KRA Tax Compliance Certificate on iTax. Steps, eTIMS rules, 12-month validity, checker, and what blocks approval. To get a KRA Tax Compliance Certificate (TCC), also called a Tax Clearance Certificate, log in to the official iTax portal at itax.kra.go.ke , open the Certificates tab, choose Apply for Tax Compliance Certificate , pick your reason, and submit. If your returns are filed and you have no outstanding tax liabilities (or you have an approved payment plan), KRA can issue the certificate immediately. You may get a download link on screen, or the TCC is sent to the email registered on iTax. Keep that email address up to date. A TCC is valid for 12 months from the issue date. You can renew from 7 days before the current one expires. What you need before you apply Before you submit, make sure you meet KRA’s current conditions: A valid KRA PIN and iTax password. All applicable tax returns filed on or before the due date. Taxes paid on or before the due date. All outstanding tax debt cleared, or an approved payment plan in place. VAT compliance, including VAT Special Table status where it applies. Continue Reading Full Article TAX AND REVENUE How to Get a KRA Tax Compliance Certificate By The Editorial Staff Public Services The Editorial Staff Home Comment Sep 5, 2026 Sep 5, 2026 6 min read Copy link Facebook X (Twitter) WhatsApp Published Updated: To get a KRA Tax Compliance Certificate (TCC), also called a Tax Clearance Certificate, log in to the official iTax portal at itax.kra.go.ke , open the Certificates tab, choose Apply for Tax Compliance Certificate , pick your reason, and submit. If your returns are filed and you have no outstanding tax liabilities (or you have an approved payment plan), KRA can issue the certificate immediately. You may get a download link on screen, or the TCC is sent to the email registered on iTax. Keep that email address up to date. A TCC is valid for 12 months from the issue date. You can renew from 7 days before the current one expires. What you need before you apply Before you submit, make sure you meet KRA’s current conditions: A valid KRA PIN and iTax password. All applicable tax returns filed on or before the due date. Taxes paid on or before the due date. All outstanding tax debt cleared, or an approved payment plan in place. VAT compliance, including VAT Special Table status where it applies. eTIMS/TIMS registration if you earn income other than employment income (business income). Pure employment-income earners are not under this extra eTIMS rule for TCC. Official portals iTax portal: https://itax.kra.go.ke/KRA-Portal/ TCC / Certificate Checker (verify a certificate): use the checkers on the same iTax portal, or the KRA M-Service app. KRA TCC information: kra.go.ke tax compliance page Enhanced TCC (eTIMS) FAQs: KRA enhanced TCC FAQs ADVERTISEMENT How to apply on iTax Go to https://itax.kra.go.ke/KRA-Portal/ and log in with your KRA PIN (or ID) and password. Open the Certificates section and select Apply for Tax Compliance Certificate (wording may appear under Certificates or Registration, depending on your iTax layout). Confirm the auto-filled personal details. Update your phone or email on iTax first if they are wrong. Select the reason for the application (for example job application, government tender, work permit, liquor licence, clearing and forwarding, or other regulatory needs), then submit. Note the acknowledgement. If you are compliant, download the TCC from the link shown, or check the email registered on iTax for the certificate. You can also apply through the KRA M-Service app, which KRA lists alongside iTax for TCC applications and validity checks. Enhanced eTIMS rule (important) KRA enhanced the TCC process so taxpayers who earn income other than employment income must be registered on TIMS/eTIMS before a TCC can be issued. This applies immediately to business-income earners. If you only have employment income, the extra eTIMS registration requirement does not apply for TCC. If you are exempted from eTIMS, KRA says you can apply for a TCC at your Tax Service Office (TSO). How long it takes When you have no outstanding liabilities and returns are in order, KRA states the certificate can be issued immediately and sent to your email, or downloaded from the link on successful application. KRA’s Tax Compliance Certificate FAQ also notes that successful applicants may receive the email with the TCC attached within 5 working days , and unsuccessful applicants are told what is non-compliant. Validity and renewal Validity: 12 months only. Renewal: apply again from 7 days before expiry. ADVERTISEMENT To check if a TCC is still valid, use the TCC/Exemption Checker on iTax or the KRA M-Service app. If your application is rejected Common blockers are unfiled returns, unpaid taxes, unsettled debt without an approved payment plan, VAT non-compliance, or missing eTIMS/TIMS registration when you have business income. Fix the issues KRA lists in the rejection email, then apply again. File missing returns and settle debt (or get a payment plan approved) before reopening the Certificates flow. Related XTRAfrica guides Need a PIN first? How to Apply for a KRA PIN Online Returns must be filed before a TCC: How to File Your KRA Tax Return Online Scam warning Only use official KRA channels: iTax, the KRA M-Service app, and kra.go.ke. KRA does not ask you to pay a broker for a TCC through WhatsApp or social media. Report corruption concerns to KRA’s published corruption reporting contacts on kra.go.ke. KRA contacts Contact Centre: 0711 099 999 / 020 4 999 999 , email callcentre@kra.go.ke . Trending Now Kenya, China Sign Deal for 80 Off-Grid Solar Systems . Energy and Power Kenya Ebola: Five Patients Discharged, 52 Contacts Monitored . Public Health Alerts DRC Opens London Forum Seeking Partnerships, Not Aid . | Economy Kenya's Rironi–Naivasha Highway: 90% Earthworks, December Target . Transport and Logistics Popular Today Government Announcements Kenya eCitizen Oversight: Treasury’s Role and Payment Questions . Business Trends How to File Your KRA Tax Return Online in 2027 . Tax and Revenue How to Apply for a KRA Tax Refund Online . Immigration and Visas How to Apply for a Kenyan Passport Online . Tax and Revenue How to Check Your KRA Application Status . ADVERTISEMENT Help desks are available at Tax Service Offices countrywide. Times Tower, Haile Selassie Avenue, Nairobi. FAQs Is a TCC the same as a Tax Clearance Certificate? Yes. KRA uses Tax Compliance Certificate (TCC) and Tax Clearance Certificate for the same official document proving you have filed and paid (or arranged) your taxes. Do I need eTIMS for a TCC if I only earn a salary? No. KRA’s enhanced eTIMS requirement for TCC applies to persons who earn income other than employment income. How do I prove my TCC is genuine? Use the TCC/Exemption Checker on iTax or the KRA M-Service app. Do not rely on a PDF alone without checking validity. ADVERTISEMENT Related Articles Government Announcements Kenya eCitizen Oversight: Treasury’s Role and Payment Questions What established responsibilities and draft reforms mean for users seeking services and receipts. . Business Trends How to File Your KRA Tax Return Online in 2027 KRA's April 30 deadline starts in 2027; here is what individual taxpayers should prepare and file. . Tax and Revenue How to Apply for a KRA Tax Refund Online Claim income tax refunds on iTax after filing. Bank details, documents, tracking, and KRA timelines. . Immigration and Visas How to Apply for a Kenyan Passport Online Apply on dis.ecitizen.go.ke, pay the fee, book biometrics, then collect at your centre. . Tags Kenya Gov Services Kenya Gov Services

The killing of a rebel-appointed chief in Walikale renewed concerns over AFC/M23’s parallel administration in eastern DRC. The killing of a newly installed village chief in Walikale territory has renewed attention on the growing system of local authorities set up by the AFC/M23 rebellion in parts of eastern Democratic Republic of Congo . According to initial reports by local outlets , the chief of Kateku village in the Ikobo grouping was shot dead by suspected Wazalendo fighters only 48 hours after being installed by the AFC/M23. Local sources said the victim was attacked at his home in front of family members on Wednesday, May 13, before the assailants fled the area. The motive behind the killing has not been officially established, although some observers linked the incident to tensions surrounding authority and territorial control in Walikale. The assassination is being viewed as one of the clearest signs yet of the fragile governance structures emerging in territories occupied or influenced by the AFC/M23 rebellion . Since expanding its presence in parts of North Kivu, the movement has increasingly overseen the appointment or replacement of local administrators, customary chiefs and community representatives in several localities under its control. Kinshasa has repeatedly rejected such appointments, arguing that armed groups have no constitutional mandate to install civilian or customary leaders. Under Congolese law, traditional leadership structures are recognized through state administrative mechanisms, making parallel rebel-backed appointments highly controversial. The issue has become more visible as AFC/M23 attempts to consolidate influence beyond military positions by establishing forms of local administration in occupied zones. Similar concerns have previously surfaced in areas around Rutshuru, Masisi and other rebel-controlled territories where residents reported changes in local leadership structures amid ongoing conflict. The United Nations and several international observers have also warned about the broader humanitarian and governance consequences linked to the conflict in eastern DRC. Recent UN reports have documented continuing instability, population displacement and competing systems of authority in areas affected by armed group activity, including zones linked to M23 operations. UN officials have previously cautioned that parallel administrations risk deepening insecurity and weakening civilian protection mechanisms. WAR IN EASTERN DRC Killing of AFC/M23-Appointed Chief Exposes Fragile Rule in Walikale By Serge Kitoko Tshibanda Political Analyst Serge Kitoko Tshibanda Home Comment May 15, 2026 May 15, 2026 2 min read Copy link Facebook X (Twitter) WhatsApp Published Updated: The killing of a newly installed village chief in Walikale territory has renewed attention on the growing system of local authorities set up by the AFC/M23 rebellion in parts of eastern Democratic Republic of Congo . According to initial reports by local outlets , the chief of Kateku village in the Ikobo grouping was shot dead by suspected Wazalendo fighters only 48 hours after being installed by the AFC/M23. Local sources said the victim was attacked at his home in front of family members on Wednesday, May 13, before the assailants fled the area. The motive behind the killing has not been officially established, although some observers linked the incident to tensions surrounding authority and territorial control in Walikale. The assassination is being viewed as one of the clearest signs yet of the fragile governance structures emerging in territories occupied or influenced by the AFC/M23 rebellion . Since expanding its presence in parts of North Kivu, the movement has increasingly overseen the appointment or replacement of local administrators, customary chiefs and community representatives in several localities under its control. ADVERTISEMENT Kinshasa has repeatedly rejected such appointments, arguing that armed groups have no constitutional mandate to install civilian or customary leaders. Under Congolese law, traditional leadership structures are recognized through state administrative mechanisms, making parallel rebel-backed appointments highly controversial. The issue has become more visible as AFC/M23 attempts to consolidate influence beyond military positions by establishing forms of local administration in occupied zones. Similar concerns have previously surfaced in areas around Rutshuru, Masisi and other rebel-controlled territories where residents reported changes in local leadership structures amid ongoing conflict. ADVERTISEMENT The United Nations and several international observers have also warned about the broader humanitarian and governance consequences linked to the conflict in eastern DRC. Recent UN reports have documented continuing instability, population displacement and competing systems of authority in areas affected by armed group activity, including zones linked to M23 operations. UN officials have previously cautioned that parallel administrations risk deepening insecurity and weakening civilian protection mechanisms. Trending Now Kenya, China Sign Deal for 80 Off-Grid Solar Systems . Energy and Power Kenya Ebola: Five Patients Discharged, 52 Contacts Monitored . Public Health Alerts DRC Opens London Forum Seeking Partnerships, Not Aid . | Economy Kenya's Rironi–Naivasha Highway: 90% Earthworks, December Target . Transport and Logistics Popular Today | Economy DRC Opens London Forum Seeking Partnerships, Not Aid . Justice & Crime Trump Moves to Remove Rwanda and South Africa From AGOA . Justice & Crime Rwanda Accused of Deporting Congolese Civilians in South Kivu . Scholarships Russia Confirms 100 Scholarships for Congolese Students . Patriotism Tshisekedi Urges Congolese in Russia to Be DRC Ambassadors . ADVERTISEMENT ADVERTISEMENT Related Articles | Economy DRC Opens London Forum Seeking Partnerships, Not Aid DR Congo opens a UK investment forum in London with nearly 90 British investors, seeking partnerships . Justice & Crime Trump Moves to Remove Rwanda and South Africa From AGOA Trump plans to remove Rwanda and South Africa from AGOA trade benefits starting January 1, 2027 . Justice & Crime Rwanda Accused of Deporting Congolese Civilians in South Kivu South Kivu accuses Rwandan forces and M23 of forcibly displacing civilians in Katogota, . Scholarships Russia Confirms 100 Scholarships for Congolese Students Russia confirms 100 government scholarship places for Congolese students, reaffirming education . Tags DR.Congo DR.Congo Wazalendo DRC Wazalendo DRC M23 Rebels M23 Rebels Central Africa Central Africa

Kenya Congo Diplomacy Kenya-DRC Diplomatic Clash Over Goma Consulate Nomination DRC rejects Kenya’s Goma Consul-General nomination, citing sovereignty and M23 occupation. . Energy and Power The Africa Solar Belt deal targets clinics, schools and water services in underserved Kenyan areas. Kenya, China Sign Deal for 80 Off-Grid Solar Systems . Agriculture A completed Nairobi–Lagos charter shows specialised capacity; costs and future services remain unclear. Kenya–Nigeria Cattle Flight: How Livestock Air Cargo Works . Public Health Alerts Five Ebola patients recover as 46 contacts finish monitoring, with 52 others still under observation. Kenya Ebola: Five Patients Discharged, 52 Contacts Monitored . Government Announcements What established responsibilities and draft reforms mean for users seeking services and receipts. Kenya eCitizen Oversight: Treasury’s Role and Payment Questions . Transport and Logistics KeNHA reports roadworks gains, but missed deadlines, tolls and roadside traders remain key tests. Kenya's Rironi–Naivasha Highway: 90% Earthworks, December Target . Civil Society Her path from science and radio to political interviews, editorial leadership and public service. Yvonne Okwara Biography: Education, Career and Citizen TV Exit . Agriculture Sea exports close on 30 October, with conditional air shipments and a separate oil-stock deadline. Kenya avocado rules: sea closure and oil-stock deadline . Public Health Alerts The latest diagnosis changes the case total; contact-tracing figures need a separate, dated breakdown. Kenya Ebola Cases Reach Eight: Contacts Counted Separately .

Firm Encourages Ruto's Government to Use Market Research to Address Skill Gaps Dec 11, 2024 Facebook X (Twitter) WhatsApp Copy link Huawei Kenya Media Director Khadija Mohamed (left) advises creating localized solutions to tackle skill gaps The government has been advised to create localized solutions to tackle skill gaps in the workforce effectively. Huawei Kenya Media Director Khadija Mohamed highlighted that many current models have not been successful because they are not customized to the local job market. Speaking at a private sector dialogue during Kenya's 60th diplomatic anniversary at the Kenyatta International Conference Centre (KICC), Khadija emphasized the importance of using market research and development to find tailored solutions for Kenya’s youth. “All we are saying is that solutions that are working in the USA or China are not necessarily going to work here, and there the government must seek more partnerships with the private sector in localising the solutions,” she said. Khadija explained that the private sector can assist the government by providing skills and training opportunities. These initiatives can help young people gain international exposure and work experience in global organizations. “For instance at Huawei, we have the ICT academy that offers training to university students who get exposure to the outside world at the end of the programme. We later guide them on how they can come up with solutions tailored for the locality's needs,” she added. Huawei’s programs include an annual management training initiative that selects 30 university students for various placements. After completing their training, students take an examination, and high performers are either employed by Huawei or recommended to partner organizations. “In our experience of implementing these two programmes, many students have mastered the theory work. But after training, they are now able to relate with real work-life while leveraging on technology to hasten the way of doing things,” she said. Centum CEO James Mworia echoed these views, stating that technology plays a vital role in bridging employment gaps, which in turn helps the government meet its tax revenue goals. “The economic base of a country is the projection of its national power which is driven by the private sector. It is therefore upon the government to come up with policies that enable the private sector to expand its reach,” said Mworia. Mworia urged the government to expand its focus beyond primary industries by collaborating with the private sector to attract investments and grow markets for economic development. He also criticized the government for signing international trade agreements without involving the private sector. “How can we sign trade agreements with other countries and leave out the private sector? what we must understand is that Kenya still has small markets to scale and we must then focus on the EU and US markets which will offer a great opportunity for us to access the global market,” Mworia said. DR.Congo Congo Prepares to Host First-Ever National AI Symposium in Kinshasa DR.Congo Joseph Kabila Accused of High Treason as Congo Seizes Assets and Shuts Down His Party DR.Congo Rwanda’s Puppet Returns: Kabila Enters Goma After Trump’s Warning to Kagame DR.Congo US to Rwanda: Withdraw from Congo, Mining Talks with DRC Moving Forward Top News More News US Visa Now ‘Nearly Impossible’ for Rwandans in 2025, Political Fears and Kagame’s Rule Blamed . Kagame's twisted genocide narrative nearly destroys US-based Nsabumukunzi . Rwanda’s $2 Billion Airport: A Debt Trap Disguised as Progress . Kagame's Desperate Economy: When Rwanda Starts Taxing Weddings, You Know It's Broken .

DRC shifts Cabinet meetings to twice a month and plans stronger monitoring of government decisions. The Democratic Republic of Congo will now hold Cabinet meetings twice a month as President Félix Tshisekedi moves to give ministers more time to implement decisions already taken, according to a local report . The change was announced during the 91st ordinary meeting of the Council of Ministers. Since Tshisekedi came to power, Cabinet meetings had generally been held every week, except on public holidays, as part of regular monitoring of government files and the implementation of the Government Action Programme. Under the new arrangement, government members are expected to spend more time executing decisions, responding to public concerns, and improving the effectiveness of state action across the country. Tshisekedi also called on ministers to show greater diligence, responsibility, and efficiency in carrying out their duties. A strengthened monitoring and evaluation mechanism is also being introduced to assess progress across ministries and measure results in different sectors. The move signals a shift from frequent deliberation toward closer tracking of delivery and implementation. The Cabinet meeting also addressed international human rights missions in the DRC. Prime Minister Judith Suminwa welcomed the ongoing work of the African Commission on Human and Peoples' Rights, whose Resolution 643 condemns serious and massive human rights violations and international crimes in the country. The government also discussed the UN-backed inquiry into abuses in eastern Congo. The UN Human Rights Council commission of inquiry is mandated to investigate alleged violations and abuses in North Kivu and South Kivu linked to the latest escalation of hostilities. Suminwa said experts from the commission are expected in Kinshasa on June 7, 2026, before continuing their work in Goma after a week in the capital. She instructed the ministers responsible for human rights and interior affairs to ensure a secure environment and smooth coordination with national authorities. She also asked the budget and finance ministers to make the necessary operational resources available for the teams supporting the mission. Continue Reading Full Article GOVERNMENT ANNOUNCEMENTS DRC Plans New System to Track Government Delivery By Serge Kitoko Tshibanda Political Analyst Serge Kitoko Tshibanda Home Comment Jun 1, 2026 Jun 1, 2026 2 min read Copy link Facebook X (Twitter) WhatsApp Published Updated: The Democratic Republic of Congo will now hold Cabinet meetings twice a month as President Félix Tshisekedi moves to give ministers more time to implement decisions already taken, according to a local report . The change was announced during the 91st ordinary meeting of the Council of Ministers. Since Tshisekedi came to power, Cabinet meetings had generally been held every week, except on public holidays, as part of regular monitoring of government files and the implementation of the Government Action Programme. Under the new arrangement, government members are expected to spend more time executing decisions, responding to public concerns, and improving the effectiveness of state action across the country. Tshisekedi also called on ministers to show greater diligence, responsibility, and efficiency in carrying out their duties. ADVERTISEMENT A strengthened monitoring and evaluation mechanism is also being introduced to assess progress across ministries and measure results in different sectors. The move signals a shift from frequent deliberation toward closer tracking of delivery and implementation. The Cabinet meeting also addressed international human rights missions in the DRC. Prime Minister Judith Suminwa welcomed the ongoing work of the African Commission on Human and Peoples' Rights, whose Resolution 643 condemns serious and massive human rights violations and international crimes in the country. ADVERTISEMENT The government also discussed the UN-backed inquiry into abuses in eastern Congo. The UN Human Rights Council commission of inquiry is mandated to investigate alleged violations and abuses in North Kivu and South Kivu linked to the latest escalation of hostilities. Suminwa said experts from the commission are expected in Kinshasa on June 7, 2026, before continuing their work in Goma after a week in the capital. She instructed the ministers responsible for human rights and interior affairs to ensure a secure environment and smooth coordination with national authorities. Trending Now Kenya, China Sign Deal for 80 Off-Grid Solar Systems . Energy and Power Kenya Ebola: Five Patients Discharged, 52 Contacts Monitored . Public Health Alerts DRC Opens London Forum Seeking Partnerships, Not Aid . | Economy Kenya's Rironi–Naivasha Highway: 90% Earthworks, December Target . Transport and Logistics Popular Today Policy and Reforms DRC Assembly Backs $625m for Schools, Businesses and Health . Economic Policies DRC Creates Deposit Guarantee Fund to Protect Bank Customers . Social Service DRC Moves to Bring More Public Workers Onto the Payroll . Development DRC Plans $440 Million for Rural Water, Electricity and Infrastructure . Opposition Politics Why C64 Plans a July 8 March to Demand Tshisekedi's Resignation . ADVERTISEMENT She also asked the budget and finance ministers to make the necessary operational resources available for the teams supporting the mission. ADVERTISEMENT Related Articles Policy and Reforms DRC Assembly Backs $625m for Schools, Businesses and Health Lawmakers back four financing bills supporting entrepreneurs, primary education, maternal health . Economic Policies DRC Creates Deposit Guarantee Fund to Protect Bank Customers DRC approves FGADEC, a national deposit-guarantee fund designed to protect eligible savings, . Social Service DRC Moves to Bring More Public Workers Onto the Payroll DRC plans to make salary inclusion a 2027 budget priority, aiming to progressively bring eligible . Development DRC Plans $440 Million for Rural Water, Electricity and Infrastructure DRC plans more than $440 million in its 2027 budget for rural water, electricity and basic . Tags DRC Politics DRC Politics Africa Africa DR.Congo DR.Congo DR Congo Rising DR Congo Rising DR Congo News DR Congo News

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Gratitude Lyrics By Asake 4.8 ( 256 Reviews) Read Gratitude lyrics by Asake. Explore the meaning, Yoruba lines, and uplifting message about blessings, success, and staying thankful DOWNLOAD MP3 Artist Asake Release Date 12 July, 2026 Genre Afrobeats Quality 320kbs Downloads 15.5K + AUDIO PLAYER Gratitude Asake 00:00 / 03:08 SONG LYRICS Gratitude Lyrics By Asake [Verse] I no fit lie you, wetin my eye don see, ó pọ̀ gan (Hm-hm) So many good wey man don do, but na bad dem go talk (Hm-hm) Even Jesus Christ, the Lord, dem nail am for cross (Hm-hm) You no fit please everybody, ọmọ, o mọ p'ẹnu l'ẹbọ o [Pre-Chorus] (It's not personal, rárá o) Personal, rárá o, rárá o No give me yawa o (Yawa o), no give me yawa o, yawa o Ọmọ arayé kala o, tí o bá wá sí owó, wọ́n máa japa o Don't take it personal (Ahn), owọ́ epo lọn bá'ni lá [Chorus] (Hmm) Mo ṣ'oríre méje-méje (Hmm) Orí mi, kó ma kọ́ blessing (Hmm) Credit alert (Hmm) Gratitude ṣa ni Mo ṣ'oríre méje-méje (Mọ ṣ'ori re) Orí mi, kó má kọ́ blessing (Orí mi) Credit alert Gratitude (Ṣa ni) [Pre-Chorus] It's not personal, rárá o (Rárá o) Personal, rárá o, rárá o No give me yawa o (Yawa o) no give me yawa o, yawa o Ọmọ arayé kala o (Kala), tí o bá sí owó wọ́n má japa o Don't take it personal, owọ́ epo l'ọ́n bá'ni lá [Chorus] (Hmm) Mo ṣ'oríre méje-méje (Orírẹ) Orí mi, kó máa kó blessing (Orí mi) Credit alert Gratitude ṣa ni Mo ṣ'oríre méje-méje (Mo ṣ'orirẹ) Orí mi, kó má kó blessing (Orí mi) Credit alert Gratitude (Ṣa ni) SONG DETAILS Asake Nigeria Singer. Songwriter Asake is a Nigerian singer and songwriter who has become one of the most exciting breakout stars in Afrobeats. Known for his high-energy delivery, chant-like hooks, and a genre-blending sound that fuses Afrobeats, Amapiano, Fuji, and street-pop. VIEW ALL SONGS TRENDING SONGS Mayorkun Kaluba . . Kuami Eugene We Go . Phyno Healing . Tio Nason BETTER . Mellissa Show Me . Artist: Asake Title: Gratitude Featured: Genre: Afroneats Release Date: May 1, 2026 Vibes: Format: MP3 Nigeria RELATED SONGS That Girl Darkoo . By Now (Remix) Evado . Business Mavo . Blue Fire Adekunle Gold . JIGGLE Chella . What Do I Know Joshua Baraka .

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In an ambitious move to bolster its economy, Nigeria is currently on the lookout for skilled fund managers to steer a newly proposed $10 billion diaspora fund. This initiative aims to harness the significant financial contributions of Nigerians living abroad to fuel investments in key sectors such as infrastructure, healthcare, and education. With the World Bank reporting over $20 billion in diaspora remittances to Nigeria last year, the government sees a golden opportunity to channel these funds into sustainable local development. The planned diaspora fund is a strategic effort to attract more dollar inflows and foreign investments, which are crucial under the current economic strain marked by foreign currency shortages and a struggling naira. The Ministry of Industry and Trade has issued a public notice calling for experienced fund managers. The role involves comprehensive fund setup, including legal, operational, financial, and administrative frameworks. Prospective candidates should have a robust track record in Nigeria, showcasing substantial experience in raising capital and managing profitable venture capital funds. The fund, set to operate over a decade with a possible two-year extension, is looking at an initial investment period of three to five years, followed by subsequent investments. This timeline reflects the government's commitment to long-term economic growth fueled by diaspora engagement. Further strengthening this approach, Minister Doris Anite highlighted the initiative as an "unprecedented opportunity" for the Nigerian diaspora to actively participate in the country's economic advancement. Additionally, Nigeria is planning to issue diaspora bonds later this year, aiming to increase foreign exchange inflows further and alleviate the ongoing pressure on the naira. Continue Reading Full Article By Author Name Author Name Home Comment Apr 27, 2024 May 15, 2026 2 min read Copy link Facebook X (Twitter) WhatsApp Published Updated: Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite In an ambitious move to bolster its economy, Nigeria is currently on the lookout for skilled fund managers to steer a newly proposed $10 billion diaspora fund. This initiative aims to harness the significant financial contributions of Nigerians living abroad to fuel investments in key sectors such as infrastructure, healthcare, and education. With the World Bank reporting over $20 billion in diaspora remittances to Nigeria last year, the government sees a golden opportunity to channel these funds into sustainable local development. The planned diaspora fund is a strategic effort to attract more dollar inflows and foreign investments, which are crucial under the current economic strain marked by foreign currency shortages and a struggling naira. The Ministry of Industry and Trade has issued a public notice calling for experienced fund managers. The role involves comprehensive fund setup, including legal, operational, financial, and administrative frameworks. Prospective candidates should have a robust track record in Nigeria, showcasing substantial experience in raising capital and managing profitable venture capital funds. ADVERTISEMENT The fund, set to operate over a decade with a possible two-year extension, is looking at an initial investment period of three to five years, followed by subsequent investments. This timeline reflects the government's commitment to long-term economic growth fueled by diaspora engagement. Further strengthening this approach, Minister Doris Anite highlighted the initiative as an "unprecedented opportunity" for the Nigerian diaspora to actively participate in the country's economic advancement. Additionally, Nigeria is planning to issue diaspora bonds later this year, aiming to increase foreign exchange inflows further and alleviate the ongoing pressure on the naira. This new diaspora fund represents a critical step towards leveraging the economic potential of Nigerians abroad. By fostering significant investment in essential services and facilities, Nigeria aims to create a more resilient and diversified economy. ADVERTISEMENT Trending Now Kenya, China Sign Deal for 80 Off-Grid Solar Systems . Energy and Power Kenya Ebola: Five Patients Discharged, 52 Contacts Monitored . Public Health Alerts DRC Opens London Forum Seeking Partnerships, Not Aid . | Economy Kenya's Rironi–Naivasha Highway: 90% Earthworks, December Target . Transport and Logistics Popular Today ADVERTISEMENT ADVERTISEMENT Related Articles Tags

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