Oil prices turned positive on Monday as rumours of an OPEC+ production cut offset concerns about slump in global demand. Earlier on Monday, oil prices fell to their lowest level …
BusinessEconomyNigeriaOil & Gas
- BuildingEconomyFinance & ServicesINVESTMENTNigeriaUncategorized
Lagos State selects three bidders for the construction of the Fourth Mainland Bridge
Lagos State has pruned its list of firms vying for the construction of the Fourth Mainland Bridge down to three as part of its broader push to fight grinding traffic …
- Banking, Finance & InvestmentBusinessFinance & ServicesInsuranceINVESTMENTNigeria
Digital insurance firm wins Insurtech awards of the year at the business day
Nigerian startup, Cassava, a 100 per cent digital insurance company, has said it was recently recognised at the Business Day BAFI Awards as the InsurTech of the Year. According to …
- AgricultureBusinessEconomyFood ProductionKenya News
Cost Of Exporting Fresh And Dry Produces Drops 62 Per Cent
The cost of exporting fresh and dry produces have dropped 62 per cent on reduced administrative cost through harmonization of export trade procedures. The Kenya Trade Network Agency (KenTrade) and …
- AgricultureBusinessKenya NewsMarketsTechnology
Government to provide Sh300 million to Twiga Foods suppliers and Customers
The government will provide Sh300 million to Twiga Foods suppliers and customers to enable them to grow their businesses. Speaking after opening Twiga Foods Distribution Facility at Tatu City in …
- BusinessEconomyEntrepreneurshipInformation & TechnologyINVESTMENTMoroccoTechnology
Huawei to Launch a Spark Program in December to Support Morocco’s Ecosystem
In a bid to reinforce Morocco’s digital transformation efforts, Huawei on Thursday announced the organization of the first edition of the Spark program in December 2022. The national competition aims …
- BusinessEconomyMorocco
Morocco in Talks with China’s Defense Company CASIC for the Purchase of missiles
Morocco is in talks with Chinese defense firm Aerospace Science and Industry Corporation (CASIC) for the purchase of artillery equipment. According to a report from defense outlet Tactical Report, Morocco’s Royal …
- EnergyInformation & TechnologyManufacturingSouth AfricaTelecommunications
Reunert witnesses R844 million increase in revenue and operating profit
Reunert has released its preliminary annual results, reporting increases in revenue and operating profit of 16% and 17%. It also saw a 10% overall increase in profit. Among Reunert’s interests …
- BusinessSouth AfricaTechnology
Twitter CEO Elon Musk says user signups at all-time high and touts features of ‘everything app’
Twitter CEO Elon Musk says new user signups to the social media platform are at an “all-time high”, as he struggles with a mass exodus of advertisers and users fleeing …
- BusinessCryptocurrencyEconomyMarketsNigeria
Nigeria SEC decline cryptocurrencies to promote digital assets
The Securities and Exchange Commission says it will not be considering cryptocurrencies in its push for digital assets. The commission in February 2021 suspended the approval of cryptocurrencies and related products and …