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Category: Business
Benin unveils 2023 budget, forecasts 6.5 per cent growth
The administration of President Patrice Talon of Benin has unveiled the 2023 budget put at around $4.5 billion, up from $4.4 billion the previous year. ... Read More
Morocco: USAID & GiveDirectly NGO support agricultural cooperatives with $4 Mln Funding
U.S. Agency for International Development and the International NGO GiveDirectly are providing an additional $4 million to support Moroccan agricultural cooperatives suffering from recent economic ... Read More
US-Zambia inaugural business summit to boost trade, investment
Zambia is hosting a two-day business summit in Lusaka this week to try to attract American investors to the country, in effort to diversify the ... Read More
Productive investment is a lever for boosting economy, says King Mohammed VI
King Mohammed VI has laid out a roadmap for promoting productive investment as it constitutes a lever for boosting economy and creating jobs and growth, ... Read More
Indian pharma company halts cough syrup production after Gambia child fatalities
India has halted all production at Maiden Pharmaceuticals’ main factory near New Delhi after a WHO report that the company’s cough syrups exported to the ... Read More
World Bank urges Tunisia to carry out crucial fiscal reforms
Axel Van Trotsenburg, World Bank Managing Director of Operations Wednesday called on Tunisia to carry out crucial fiscal reforms which he claimed will put the ... Read More
Egyptian Fintech Firm Telda secures $20 million in seed funding
Cairo-based fintech startup, Telda, has landed $20 million in seeding funding from several investors including Jack Dorsey, former Twitter Chief Executive Officer, Bloomberg reports. The ... Read More
Morocco’s OCP Group to dedicate 4 Mln Tons of fertilizers to African Countries
Morocco’s state-owned phosphate OCP group has pledged to dedicate 4 million tons of fertilizers for African farmers in 2023 in a solidarity move with African ... Read More
Spain to grant €20Mln loan to Moroccan micro-financing fund Jaïda
The Spanish Council of Ministers approved, on Wednesday, an agreement to grant a loan of up to 20 million euros to the Fund for the ... Read More
Africa is winning cryptocurrency adoption despite 2022 bear market
With many Africans using cryptocurrencies for everyday transactions rather than speculation, cryptocurrency market across Africa grew by over 1200% between 2020 and 2021, and its ... Read More