The European Bank for Reconstruction and Development (EBRD) is financing the Nador West Med (NWM) is loaning €100 million for the construction of the Nador West Med port in Morocco’s …
Banking, Finance & InvestmentINVESTMENTMoroccoNorth Africa
- BusinessSecuritySouth AfricaTechnology
Apple fixes zero-day security vulnerability affecting iPhone 8
Apple recently fixed a zero-day security vulnerability affecting the iPhone 8 and later that the company said was actively exploited, TechCrunch reports. The company rolled out iOS 16.1.2 on 30 …
- AFRICA NEWSBusinessEntrepreneurshipMarketsNigeriaUncategorized
Rite Foods Limited launches food campaign in lagos
Rite Foods Limited has unveiled its ‘Unleash The Bull 2.0’ campaign in Lagos. In a statement, the company stated that ‘Unleash The Bull 2.0’ is the second edition of its …
The South African Commercial, Catering, and Allied Workers Union (Saccawu) have opted to suspend plans to strike at all of Massmart Group’s companies over a dispute at Makro and will …
- Banking, Finance & InvestmentBusinessEntrepreneurshipMorocco
BCP Receives a financing package of 25€ Million to support Morocco’s green transition
The European Bank for Reconstruction and Development (EBRD) is joining forces with the Green Climate Fund (GCF) and the European Union (EU) to allocate a financing package of €25million to …
- BusinessEconomyINVESTMENTSouth AfricaTechnology
Equinix to invest $160 million to build it’s first data centre in South African
Equinix plans to invest $160 million to build its first data centre in South Africa, as part of the firm’s African expansion push.The US data centre company will build its …
Shareholders of Nigerian Breweries Plc have unanimously approved the issuance of 2.1 billion bonus shares valued at N84 billion, to qualifying shareholders. This approval was made known in a press …
- BusinessEconomyMobile Telecommunications Network (MTN)South AfricaTechnology
MTN GlobalConnect lands 2Africa undersea cable in South Africa
The world’s longest undersea cable, 2Africa, has made landfall at Yzerfontein and is linked to its cable landing station at Duynefontein near Cape Town. MTN GlobalConnect officially announced the landing …
- AgricultureMorroccoNorth Africa
Moroccan, Dutch Partnership in Agadir to Unveils Horticultural Center
Various officials have gathered in Agadir to inaugurate a new horticultural “center of excellence” due to a partnership between Morocco and the Netherlands. Morocco’s Minister of Agriculture, Maritime Fisheries, Rural …
- BusinessEconomyEnergySouth Africa
Eskom load-shedding hit stage 7 power cuts for general electricity users
Eskom “technically” implemented stage 7 load-shedding at one point last week, according to the Bureau for Economic Research’s (BER’s) latest weekly review. The BER argues Eskom’s power cuts reached this …