In a bid to offset the sharp drop in Morocco’s cereal harvest, the North African country’s imports of soft wheat from France are forecasted to stand at 4.5-5 million tones …
Morocco is currently home to Africa’s third-largest luxury market, with a total of $125 billion in private wealth, says a new report from the consulting firm Henley & Partners. In …
The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that …
- AgricultureBusinessEconomyFood ProductionKenya News
Kenya’s Ministry of Agriculture Ministry Announces a new Subsidized Fertilizer Prices
The Ministry of Agriculture, Livestock, Fisheries, and Co-operatives has announced new subsidized fertilizer prices after the government availed a Sh3.5billion fertilizer subsidy. This follows a directive by President William Ruto …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness
AfDB receives $5 million grant to tackle methane emissions
The United States government has announced it will provide a US$5 million grant to the African Development Bank (AfDB) to support efforts to abate methane gas emission, across Africa. Methane …
- AfricaAFRICA NEWSNewsNigeriaWestern Africa
Nigeria seizes $278m of cocaine in country’s biggest drug bust
Nigeria’s anti-narcotics agency seized cocaine worth $278 million on Monday, the biggest single drug bust in the country’s history, it said on Twitter on Monday. The 1.8 tons of cocaine …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
NNPC says Nigerians won’t experience petrol scarcity in December and beyond
The Nigerian National Petroleum Company Limited ( NNPC) says the country will not experience petrol scarcity in December and beyond as it has made adequate arrangements for supply. Mr Umar Ajia, …
- AfricaAFRICA NEWSAirtelBusinessBusiness InsightsDangote IndustriesMobile Telecommunications Network (MTN)NewsNigeriaTelecommunicationsWestern Africa
Top 5o Brands: Dangote emerges most valuable brand in Nigeria
The 2022 annual top corporate brand evaluation report, “TOP 50 BRANDS NIGERIA” has been released. Dangote Group, a fully integrated Conglomerate has again emerged as the Most Valuable Brand in …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
NCC to generate N500b from 5G spectrums auction next year
The Nigerian Communication Commission(NCC) says it plans to generate over N500 billion as revenue for the Federal Government from the auctioning of two 5G spectrums in 2023. Prof. Umar Danbatta, …
- EconomyFinance & ServicesKenya News
Kenya spent 63.5pc of tax collections in two months to repay its creditors
Kenya spent 63.5 percent of tax collections in the first two months of the current financial year to repay its creditors, pointing to an elevated risk of debt distress. Debt …