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Category: Business
Nigeria caps weekly cash withdrawals, Moody’s warns of ‘very high’ foreign currency risks
Nigeria’s central bank has imposed restrictions on weekly cash withdrawals to limit the use of cash as credit agency Moody’s warned that the country’s banks ... Read More
First Economic Parliamentary Forum for Euro-Mediterranean Region & Gulf held in Marrakech
The first edition (constitutive session) of the Economic Parliamentary Forum for the Euro-Mediterranean Region and Gulf, initiated by Morocco's House of Advisors and the Parliamentary ... Read More
International partners pledge $23.5bn for Niger’s national development program
Several partners have pledged to contribute up to $23.5 billion to the Niger’s Economic and Social Development Program known as PDES 2022-2026, the office of ... Read More
West African leaders pledge to mobilize $1bn to tackle terrorism
Leaders of the Western African regional grouping ECOWAS have pledged to club together $1 billion as urgent fund to address terrorism in the region. The ... Read More
EAC member states to postpone launching monetary union, single currency rollout
A special task-force has proposed to delay the implementation of the East African Monetary Union (EAMU) until 2031 from initial date of 2024, saying it ... Read More
Growth in eight UEMOA countries down to 5.7% due to multiple world crises
The eight member countries of the West African Economic and Monetary Union (UEMOA) have not been spared by multiple crises affecting the world and its ... Read More
Climate Commissions of Congo Basin & Sahel: 24 African countries meet in Casablanca
Twenty-four African countries, member of the Congo Basin and Sahel Climate Commissions are gathered in Casablanca for an exchange and capacity building session, held at ... Read More
French high-end luxury fashion house Dior contemplates entering Egyptian market
French high-end luxury fashion house Dior is considering opening a shop in Egypt, reports say. Ali Al-Musailhi, Egypt’s Minister of Supply and Internal Trade met ... Read More
AfCFTA must boost intra-African agrifood trade, become food self-reliant
The Africa Continental Free Trade Agreement (AfCFTA) must aim at reversing the unsustainable trend of excessive dependence by many of its members on imports of ... Read More
Niger lures investments in Paris to finance national development program
President of Niger Mohamed Bazoum chaired Monday in Paris an investors' roundtable for the financing of the Economic and Social Development Program known as PDES ... Read More