The number of active telecommunication subscribers hit 214.35 million in October, according to new industry statistics from the Nigerian Communications Commission. This is the highest number of recorded telecoms subscribers …
- AFRICA NEWSBusinessEconomyFinance & ServicesNigeriaReal EstateWisdom Kwarty Smart City
Wisdom Kwati donates relief materials, food to flood victims Adamawa State
In a bid to help reduce the plight of flood victims in Adamawa state, the CEO of Wisdom Kwati smart city, Wisdom Kwati has donated relief materials to people of …
Morocco’s filling stations experienced slight fuel price reductions on Thursday amid the ongoing inflation and energy crisis. The National Federation of Owners, Traders, and Managers of service stations in Morocco (FNPCGS) …
- Banking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeria
Asset Management Corporation of Nigeria’s liabilities hit N5.7tn in 2022
Asset Management Corporation of Nigeria’s liabilities stood at N5.72tn as of the end of the first half of 2022. The Financial Markets Department of the Central Bank of Nigeria disclosed …
- BusinessEconomyFinance & ServicesINVESTMENTSanlamSouth Africa
Sanlam and Absa officially partner to form South Africa’s largest black-owned asset manager
Sanlam and Absa have officially combined their investment businesses to form South Africa’s largest black-owned asset manager. The two companies announced in October 2021 that they were joining forces to …
- BusinessEconomyEnergyEntrepreneurshipMorocco
Morocco to Supply European union with Critical Raw Material to accelerate Energy Transition
The European Union has reported plans to sign a memorandum of understanding (MoU) with Morocco on the supply of critical raw materials to accelerate the energy transition. A recent report on …
- BusinessEconomyMarketsNigeriaOil & Gas
Nigerian government and fuel marketers offer different reasons for the ongoing fuel scarcity
The Nigerian government and fuel marketers have offered varying explanations for the ongoing fuel scarcity that has affected states across the country for weeks without reprieve. While the NNPC said …
- Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNorth Africa
FIRST Marina Trust launches app to boost investment opportunity
FIRST Marina Trust Limited has launched a new software application that will enable people and corporate firms to invest with ease. The Managing Director of the First Marina Trust Limited, …
- AgricultureBusinessEconomyMorocco
Morocco’s Government Increases Irrigation Budget to $14 Billion in 2022
Morocco’s government announced on Wednesday increasing the budget dedicated to irrigation programs from MAD 115 billion ($10.8 billion) to MAD 150 billion ($14 billion). The budget would go to …
- AviationBusinessEconomySouth AfricaTransportation & Logisitics
US airline Delta to starts it’s new direct route between Cape Town and Atlanta
US airline Delta is set to start its new direct route between Cape Town and Atlanta in the US on Saturday 3 December. The airline has already offered direct flights …