Category: Business

East Africans’ real income to rise under AfCFTA — World Bank

March 3, 2023

East Africa is set to benefit from swift implementation of the African Continental Free Trade Area (AfCFTA), according to the World Bank, and this will ... Read More

EU supports Morocco’s socioeconomic development with €500 Mln funding

March 2, 2023

The European Union announced on Thursday a new financial package worth €500 million for Morocco. The financial support will enable the North African Kingdom to ... Read More

African companies prefer trading with non-African countries, ignoring local FTAs

March 2, 2023

African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import ... Read More

Namibia launches residence by investment program to lure foreign investors

March 2, 2023

Namibia and Henley & Partners, the global leader in residence and citizenship planning have unveiled a Residence by Investment Program in view of attracting foreign ... Read More

World Bank grants Egypt $9.13 M to expand the greater cairo air pollution management and climate change project

March 2, 2023

Egypt has secured $9.13-million grants from the World Bank for the expansion of the management of e-waste and healthcare waste under Greater Cairo pollution reduction ... Read More

Nigeria, South Africa ‘gray-listed’ by global anti-money laundering watchdog

March 2, 2023

The inclusion of Nigeria and South Africa, the continent’s leading economies, on a 'gray list' by the Financial Action Task Force (FATF) could present far-reaching ... Read More

Qatar, Egypt consider launching joint investment fund

March 1, 2023

Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of ... Read More

Burkina Faso, AfDB ink financing agreements of six projects

February 28, 2023

Burkina Faso and the African Development Bank (AfDB) signed Monday 10 agreements for financing six projects in the West African country to the tune of ... Read More

Egypt, Qatar ink agreement to eliminate double taxation on income

February 28, 2023

Qatar and Egypt signed Monday in Doha a deal to remove double taxation on income, and prevent tax invasion and avoidance, the Egyptian government announced ... Read More

What leaving FATF grey list means for Morocco

February 28, 2023

Morocco has taken measures to improve financial transparency and protect its economy against money laundering and terrorism financing, earning a well-deserved exit of the grey ... Read More