Morocco’s Bank of Africa, formerly known as BMCE Bank, signed a deal with Export-Import Bank of India (EXIM Bank) to back investments in both ways. The MoU was signed during a Webinar by representatives of the two banks who highlighted investment opportunities in innovative sectors. Speaking at the video conference, Morocco’s ambassador to India Mohamed […]
The United Kingdom has announced new funding to give more people and companies across Africa access to affordable, clean energy. The announcement was made lately by UK’s Minister for Africa, Harriett Baldwin. According to Ms. Harriett Baldwin, the new funding will see £30 million added to the Transforming Energy Access program, taking total UK investment […]
As Kenyans head to the polls on August 9, East Africa’s largest economy could be headed for tough times. With the country’s currency having depreciated sharply, Kenya’s Treasury will face difficulty paying back its huge dollar-denominated debt. Kenya is among developing countries facing an economic crisis, according to a recent report released by Moody’s Investors […]
