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Category: Finance
Morocco offers $0.5 bln in aid to help farmers access animal feed
Morocco will spend 0.5 billion dollars to help farmers access animal feed at a subsidized price as the country’s grains agency tenders for 500,000 feed ... Read More
Tunisian President looks to taxes to shun IMF bailout
Tunisian President Kais Saied is set to reject IMF conditions for a $2 billion loan and looks instead to raise taxes on the wealthy to ... Read More
Egypt, Saudi Arabia ink deals for industrial cooperation
Egypt and Saudi Arabia signed Sunday two deals for industrial cooperation covering non-oil exports and auto industry, Ahram Online reports. The first Memorandum of understanding ... Read More
France to finance two projects in Niger worth 22 million euros
France’s development agency, AFD, and Niger have inked a financing agreement for two projects worth 22 million euros in the African country. The first project ... Read More
World Bank to resume partnership with Tunisia after two-month hiatus
The World Bank announced Wednesday the resumption of its partnership with Tunisia, two months after suspending cooperation with the North African country following President Kais ... Read More
Kenya calls on Africa to use PAPSS to ditch US dollar in trade deals
Kenya's President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting ... Read More
Tunisia warns IMF against red lines as talks for loan continue
Tunisia’s Foreign Minister Nabil Ammar indicated Thursday that the North African country is still in talks with the International Monetary Fund (IMF) for a $1.9-bllion ... Read More
Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa
The African Union (AU) used the celebrations of the 60th anniversary of 'Africa Day' this week to warn the continent not to become a “geo-strategic ... Read More
Staff at Cameroon’s branches of Standard Chartered Bank end strike over payment of bonus
Workers at Standard Chartered Bank in Cameroon have ended a several-day strike over the payment of a severance bonus amounting to more than one month’s ... Read More
Nigeria emerges as Africa’s FDI hub of digital technology
Nigeria emerges as Africa's top destination for foreign direct investment (FDI), having reportedly attracted over 30% of the FDI in the continent’s tech ecosystem and ... Read More