German manufacturer Stihl has injected Sh500milion into its new Nairobi hub in a bid to support small-scale farmers acquire farming equipment in Kenya and East Africa at large. The manufacturer of …
August 24, 2022
-
AgricultureKenyaManufacturing & Consumer Goods
-
The Telkom board says its court application to block a Special Investigating Unit (SIU) probe into its historic transactions does not mean it tolerates corruption. On Wednesday, the chairperson of …
-
BusinessEvaluate MediaNigeriaWestern Africa
Evaluate Media Celebrates 3 Years of Excellence, Reiterates Its Commitment To Helping SMEs Thrive
Evaluate Media & Softwares Limited, a renowned marketing and media company in Lagos, Nigeria while celebrating its 3rd anniversary, reiterated its commitment to promoting the growth and evolution of small …
-
EntrepreneurshipFinance & ServicesMorrocco
Report: Despite the Difficulties of Financial and Regulatory Moroccans till Pursue Entrepreneurship
A recent report by Bayt.com, the MENA region’s leading job-seeking platform, has found that 63% of Moroccan respondents want to be self-employed while 28% seek employment in a company. Titled …
-
AfricaAFRICA NEWSBusinessCOVID-19EconomyEgyptNewsNorth AfricaNorthern Africa
USAID funds Egypt’s response to Covid-19 with $9M
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …
-
AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
Egypt launches ‘Your Road is Safe’ initiative targeted at delivery workers
After launching the “Safe Shores” initiative targeted at fishermen and the “Silky Hands” initiative targeted at carpet makers, the ministry of social solidarity Egypt launched Tuesday “Your Road is Safe” …
-
AfricaAFRICA NEWSBusinessEconomyEgyptFood ProductionNewsNorth AfricaNorthern Africa
Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
-
BusinessEconomyMorrocco
Morocco’s Interbank Monetary Center Warns Citizens of Scammers presenting Schengen Visa appointments
Online scams involving individuals asking for money in exchange for more recent appointments for Schengen Visa applications are becoming increasingly widespread, according to the Director of Morocco’s Interbank Monetary Center …
-
AfricaAFRICA NEWSBusinessEconomyGhanaNewsWestern Africa
Fitch Solutions forecasts 43% depreciation of cedi to dollar in 2022
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the cedi to the …
-
AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
Ghana dollar auction: demand exceeds supply by $84.5M
Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed. This is a reduction of the $105.25 million recorded during the …