The supervisory board of BMCI, an affiliate of BNP Paribas, on Thursday appointed Hicham Seffa as the group’s new Director-General and member of the board of directors. According to numerous …
Banking, Finance & InvestmentMorocco
- AfricaAFRICA NEWSAgricultureBusinessEconomyNewsSouth AfricaSouthern Africa
China lifts 5-month-long ban on wool imports from South Africa
China has lifted its 5-month-long ban on wool products importation from South Africa. The ban, which began in April, was occasioned by the outbreak of foot-and-mouth disease (FMD) in three …
- BusinessEastern AfricaFinance & ServicesINVESTMENT
Naivas founders acquire Sh3.8bn in sale of stake to three firms
The family of Peter Mukuha Kago –the founders of supermarket chain Naivas— has pocketed an estimated $32.29 million (Sh3.8 billion) from the sale of an 8.5 percent stake to a …
- AfricaAFRICA NEWSAmazonBusinessNewsSouth AfricaSouthern AfricaSpotlightTechnologyTransportation & Logisitics
BMW previews all-new i7 in South Africa
BMW South Africa previewed its latest luxury class vehicles, including the all-new electric i7 xDrive60, on Wednesday, 31 August 2022. While the i7 xDrive60 boasts impressive performance stats for a …
- Banking, Finance & InvestmentBusinessMorocco
Morocco’s Automotive Exports record 31.6% increase in July 2022
Morocco’s automotive exports reached MAD 59.6 billion ($5.6 billion) at the end of July 2022, an increase of 31.6% compared to a year earlier. This growth, according to a new …
- AfricaAFRICA NEWSBusinessEnergyNewsOil & GasScienceSouth AfricaSouthern AfricaTechnology
South African court stops energy giant Shell from seismic survey along wild coast
A South African court has delivered a judgement putting an end to the use of seismic waves by energy giant Shell to explore for oil and gas off the Wild …
- BusinessGlobal NewsINVESTMENTKenya News
Kenya and China Set to Sign Double Taxation to Spur Trade and Investments
Kenya plans to sign an agreement with China to end double taxation of income or gains arising from one country and paid to residents of the other. The deal, which …
- BusinessINVESTMENTMoroccoUncategorized
Tel Aviv Stock Exchange to Host Moroccan-Israeli Conference to discuss Investment opportunities
The Tel Aviv Stock Exchange will host a Moroccan-Israeli conference to discuss investment opportunities in Morocco on September 5. Described by the organizing law firm Firon-UGGC as the first of …
- AfricaAFRICA NEWSBusinessEgyptEnergyNewsNorth AfricaNorthern Africa
Saudi firm to build $3.5B green ammonia facility in Egypt
A Saudi company, Alfanar has signed an agreement with a consortium of Egyptian companies to build a $3.5 billion green ammonia plant plant in Egypt. The Egyptian side of the …
- AfricaAFRICA NEWSBusinessGhanaNewsTechnologyTransportation & Logisitics
Ghana Standards Authority labels report that Suzuki S-Presso is unsafe false
The Ghana Standards Authority (GSA) has described false the reports that the Suzuki S-Presso vehicle model marketed by CFAO Ghana is not safe for use. In a viral video on …