South Africa, the world’s second largest exporter of citrus fruit after Spain will voluntarily stop the exports of Valencia oranges, from areas in South Africa affected by a fungal disease …
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- Banking, Finance & InvestmentBusinessEastern Africa
KCB and IFC partner to Finance Climate Change Efforts in Kenya
KCB Bank Kenya has secured a Sh18billion loan from the International Finance Corporation (IFC) that will boost the lender’s support for businesses that address climate change. Through the partnership, IFC …
The capital markets regulator has extended its ongoing investigation to the board of Kakuzi weeks after grilling the firm’s top executives as it sought to understand their oversight roles during …
The five-year program, which is in line with Morocco’s New Development Model, aims to implement several programs in a wide range of areas, including sustainable development, health, and gender equality, …
- Banking, Finance & InvestmentBusinessEthiopiaTransportation & Logisitics
Afrexim bank guarantees import of Sinotrucks worth USD 63 mln
Afrexim Bank is guaranteeing the import of 745 trucks payable by four local banks on behalf of Ethiopian transport businesses with a USD 63 million loan. Afrexim Bank guaranteed Jampur …
The Naira further depreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Tuesday, September 6. According to data from the …
- AfricaAFRICA NEWSBusinessNewsNigeriaReal EstateWestern Africa
Nigeria set to host Shelter Afrique’s 42nd AGM
The 42nd Annual General Meeting (AGM) of Shelter Afrique slated for May 2023 will take place in Abuja, Nigeria, the shareholders have agreed. This follows the signing of the host …
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Sterling Homes Expands Services to Rwanda to Deepen Sustainable Real Estate Development
Sterling Homes, Nigeria’s leading property development company has added yet another feather to its cap. The company has now expanded its operations beyond the shores of Nigeria. According to the …
- AfricaAFRICA NEWSAviationBusinessNewsSouth AfricaSouthern AfricaTransportation & Logisitics
SA low-cost airline Mango a step closer to sale as preferred bidder delivers proof of funding
South Africa’s low-cost airline Mango is one step closer to being sold as its preferred bidder delivered proof of funding, according to business rescue practitioner Sipho Sono. In his latest …
The Chairperson also commended the outgoing President Uhuru Kenyatta for his strong and impactful leadership during his tenure of office. Chairperson of the African Union Commission Moussa Faki Mahamat has …