Economy · West Africa
West Africa
Regional currencies, ECOWAS policy, and the macro stories from neighbouring economies.
7 stories matched from the TrueRate newsroom.
policy
VAT Set to Replace GST in Biggest Tax Overhaul in Years
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
EKAN Connect Wants to Turn Every Chat Into a Checkout
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.
