Air-Algérie

New payment methods, incl. BNPL, in Africa set to continue with strong growth

The global daily value of mobile money transactions in 2022 surpassed forecasts to hit $3.45 trillion, according to a latest mobile money industry report, while in East Africa, the number of transactions grew by 18%. The report by Global Systems for Mobile Communications Association (GSMA) also shows that in 2022 the total value transacted on […]

BMW distributor in Egypt unveil plans to invest $100m

The official importer and distributor of BMW in Egypt, Global Auto Group, has announced plans to inject $100 million meant to develop its services and expand its footprints in the Arab country. Fahad Al-Ghanem, Chairman of the group, made the announcement to Asharq Business, Arab Business reports. Al-Ghanem also revealed that the company will resume […]

OCP to Develop Fertilizer Value Chain in Ghana

Morocco’s phosphates company, OCP, and the Government of Ghana signed a memorandum of understanding to develop the fertilizer value chain. The agreement was signed by Ghana’s Ministry of Food and Agriculture (MoFA) and the OCP Group as part of the Government of Ghana’s newly designed Fertilizer Expansion Program (GFEP). Under the agreement, the two parties […]