SUEZ CANAL REOPENS PARTIALLY Egypt’s Suez Canal Authority (SCA) says the massive container ship Ever…
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TANZANIAN PRESIDENT JOHN MAGUFULI PASSES AWAYWe begin the news in Tanzania where tributes have begun…
In a report, Partech Partners said companies on the continent raised $1.43 billion in 2020, down by 29% from a year ago, which was just two deals above $50 million closed last year compared with 10 in 2019.
The economic damage wrought by the coronavirus pandemic will probably make many African countries seek…
Nigeria has been plunged into its second recession in four years and the government has…
The Mpesa-Visa partnership aims to enable tourists visiting Kenya to use Mpesa in Kenya by downloading an app. Similarly, Mpesa users travelling abroad should be able to use Mpesa to make payments abroad.
The latest data by the United Nations Economic Commission for Africa (UNECA) shows that on average over 10 percent of export revenues and primary income in the region is spent on debt repayments.
Under the agreement, the National Clean Energy Access Programme (NCEP) will be implemented. It is expected to lead to the transfer of mitigation outcomes to Switzerland in exchange for financial resources and the extension of Swiss technical expertise as a demonstration of the scalability of Ghana’s conditional mitigation commitments.
The start-up will use the investment to grow its Nigeria and Ghana markets and will see further investment in technology and growing its teams.
The International Debt Statistics 2021 report by the World Bank shows that between 2009 and 2019, countries in the region increased external borrowing by nearly four times, from $19.9 billion to $73.8 billion.