The government of South Sudan has received around $600 million from the Chinese government to pay outstanding civil servants’ salaries. South Sudan News Agency, quoting government sources, said the new loan aims to cover salaries payment. The move comes weeks after many South Sudanese deputies boycotted the presentation of the 2019-2020 budget, rising against the […]
Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]
Morocco’s fertilizers and phosphates giant OCP criticized the decision by the U.S. Department of Commerce (DOC) to increase customs duty on Moroccan fertilizers from 14.21% to 16.81%. This new rate, announced after a review of the countervailing duty (CVD), applies retroactively as the final tariff rate for our 2022 imports into the United States, OCP […]
