Economy · West Africa
Regional currencies, ECOWAS policy, and the macro stories from neighbouring economies.
7 stories matched from the TrueRate newsroom.
policy
The Liberia Revenue Authority is steering the country's biggest indirect-tax overhaul in decades: replacing the single-rate Goods and Services Tax with a multi-stage Value Added Tax. With tax revenue at US$59.46 million in March 2026 — a month when one-off non-tax receipts swelled total revenue to US$304.37 million — the shift is as much about broadening the tax base as changing the rate.
technology
Liberian-founded EKAN International is building a platform that embeds payments, invoicing and escrow directly into encrypted conversations — betting that in Africa's mobile-first economy, the messaging thread is a better checkout lane than the banking app.
technology
The global games industry generates US$184 billion a year. Virtually none of it comes from West Africa. HUIX-2099's Monrovia Hustle is a single data point, but it arrives at a moment when the economics of African-authored digital content are shifting.