Category: Business

Namibia asks Germany to renegotiate ‘flawed’ genocide payment deal

October 30, 2022

Namibia has called on Germany to go back to the negotiating table to discuss again and review the genocide agreement reached in May 2021 between ... Read More

Morocco committed to developing Southern Provinces – Spanish Think Tank

October 29, 2022

Morocco has dedicated its "strategic commitment" to the development of its Southern Provinces and has made the promotion of the welfare and economic progress of ... Read More

Egypt, IMF ink $3bn new loan program deal

October 28, 2022

The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. ... Read More

Automotive industry: US company Lear opens new plant in Meknes

October 28, 2022

The American group specializing in the manufacture of automobile seats and electrical and electronic systems has inaugurated a new factory in Meknes that adds to ... Read More

Gas bonanza may help Algeria gain time to delay catastrophe, but for how long?

October 27, 2022

Algeria has announced painful reforms including subsidies cuts on which the social peace hinges to try to save its crumbling finances, but all the reforms ... Read More

Egypt: Increase of minimum wage in public service to address rising cost of living

October 27, 2022

Egypt has increased the minimum wage in the public sector from 2,000 Egyptian pound ($101.3) to 3,000 in a move to help workers surf the ... Read More

Ethiopia to establish its own stock exchange as the nation’s economy opens up

October 27, 2022

At least 50 companies are expected to list on the Ethiopian Stock Exchange (ESX), set to launch in two years, which will provide a platform ... Read More

Air Côte d’Ivoire signs up for two Airbus A330neo

October 27, 2022

Côte d’Ivoire’s national carrier, Air Côte d’Ivoire has placed order for two Airbus A330neo as the airline embarks on long haul flights, outside the continent. ... Read More

Africa tourism leaders forum discusses ways to revive the sector post-Covid-19

October 27, 2022

Africa's leading tourism operators, counting 450 delegates from 43 countries, are attending a three-day Africa Tourism Leadership Forum in Gaborone, Botswana, to discuss how to ... Read More

Morocco to abandon international bond issue in 2022

October 26, 2022

Morocco may no longer issue an international bond as was planned earlier this year amid deep uncertainty and market volatility, finance minister Nadia Fettah Alaoui ... Read More