Elon Musk took control of Twitter and fired its top executives, US media reported late Thursday, in a deal that puts one of the top platforms…
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Foreign Direct Investment (FDI) flows to Africa have dropped significantly, according to a United Nations Centre for Trade and Development (UNCTAD) report. The report said investment…
Egypt has secured a $3 billion loan deal with the International Monetary Fund conditioned on currency depreciation and further cuts to subsidies, the government said Thursday.…
Egyptian real estate co-ownership company Seqoon has received US$500,000 in a pre-seed round from Banque Misr’s pilot program to support innovative business owners. Several well-known angel…
The firm developing it announced on Monday, October 24, that work has begun on Côte d’Ivoire’s first biomass power generation facility, a 46 megawatt (MW) project…
The Minister for East African Community (EAC) Affairs, Ms Rebecca Kadaga has said EAC regional cooperation ministers will meet next month to agree on sanctions to…
Nigeria’s Central Bank yesterday announced the introduction of a National Domestic Card Scheme which will come into effect on January 16, 2023. It is aimed at…
A consortium of private funds is investing 225 million meticais (about US$3.5 million) to build a cashew nut processing plant, in Guezane, Mandlakazi district, Mozambique According…
To enable its customers to easily receive money from the diaspora into their Kenyan accounts, KCB Bank Kenya has partnered with Mobex. Mobex is a subsidiary…
President William Ruto has urged Kenyans to pay taxes to enable the government fulfill its mandate for Kenya to be an independent nation. The Head of…