Morocco’s Ministry of Industry and Commerce has initiated a new call for industrial and technological cluster projects for 2025, offering government financial backing to selected initiatives as part of the country’s strategy to accelerate industrial and technological development. The program, which forms part of Morocco’s national effort to support cluster development, is open to both […]
African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]
Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]
