Equity, AFCTA ink deal to deepen economic integration of the African continent
KENYA – Equity Group Holding, a financial service holding company, has signed a Memorandum...
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Tag: Economy
Egypt’s e-commerce platform Appetito set to acquire Lamma for US$10M
EGYPT – Appetito, the Egyptian platform that delivers groceries and family items to buyers from 11...
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Nigeria’s GDP records 3.11% growth in first quarter of 2022
NIGERIA – Nigeria’s Gross Domestic Product (GDP) grew by 3.11 percent (year-on-year) in real terms...
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World Bank approves US$350M loan to support Morocco’s Blue Economy program
MOROCCO – The World Bank has approved a US$350 million loan to support the Government of Morocco...
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Oil and gas company Eni and Rwanda sign MoU on cooperation in circular economy
RWANDA – Eni, a multinational oil and gas company, and the Government of Rwanda have signed a...
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Morocco’s Economy Grew by 6.6% in the 4th Quarter of 2021
MOROCCO – Morocco’s economy grew by 6.6% in the fourth quarter of 2021, compared to the same...
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Morocco’s CGEM elected to Alliance of Francophone Employers Board
MOROCCO – General Confederation of Moroccan Enterprises (CGEM) President Chakib Alj has been...
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French investments in Egypt hit US$4.41Bn, PM Madbouly
EGYPT – French investments in Egypt have reached US$4.41 billion according to Egypt’s Prime...
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Morocco and EBRD Sign MoU to strengthen the country’s economy
MOROCCO – Morocco has signed a memorandum of understanding with the European Bank for...
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IMF upgrades Egypt’s real GDP growth for 2022 to 5.6 percent
EGYPT – The International Monetary Fund (IMF) has upgraded Egypt’s real Gross Domestic...
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Rental scheme company Rent4Less by Alpha Mead raises US$1 million private placement bond
NIGERIA – Rent4Less by Alpha Mead, a rental scheme designed to provide a flexible and...
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IFC and East Africa Bank unveils US$5m trade finance guarantee to support businesses in Djibouti
DJIBOUTI – The International Finance Corporation (IFC), a member of the World Bank Group, has...
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