Banking, Finance & Investment

 Chile’s vertically integrated producer, marketer, and distributor of berries Agroberries Limited is investing €40 million in the first phase of its expansion strategy in Morocco. The investment covers the planting of …

Morocco’s National Railways Office (ONCF) signed a MAD 2.1 billion (€192.49 million) agreement on Wednesday. The budget represents 80% of an overall loan budget of €250 million the bank offered to …

The government has entered a partnership with Fortescue Future Industries (FFI) to establish a green fertilizer plant in the country in a bid to reduce reliance on imports. Under the …

Bank Zero has launched cash deposits at Shoprite and Pick n Pay — a feature it prioritized due to customer demand. “Customers can deposit at any PnP or Shoprite till-point,” …

Stock market investors on the floor of the Nigerian Exchange Limited lost N3.28tn of their investment between August 1 and October 31, 2022. The trading activities, which began with a …

Emirates Airlines says it has suspended flights to Nigeria. It said the measure started on October 29 and blamed its inability to repatriate its revenue from the country. The airline …

The Central Bank of Nigeria on the 26th of October, 2022 announced its intentions of redesigning Naira notes consisting of the ₦200,₦500 and ₦1,000 respectively An announcement which was made …

Union Bank of Nigeria and the Africa Agriculture and Trade Investment Fund have announced that the bank has secured a $25m funding line from AATIF to expand its agricultural business …

The Nigerian Communication Commission (NCC) says the telecommunication industry has recorded over $70 billion investment in the past 21 years. The Executive Vice Chairman of the NCC, Umar Danbatta, said this on …

Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt.  Africa’s largest lender by assets plans to enter the continent’s biggest economies to …