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 …
Banking, Finance & Investment
- AgricultureBusinessEconomyINVESTMENTMarketsMorocco
- Banking, Finance & InvestmentBusinessEconomyMoroccoTransportation & Logisitics
Morocco’s Railway Office Sign €192.4 Million Loan Deal with European Investment Bank
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 …
- AgricultureBusinessEastern AfricaINVESTMENTManufacturing
Government partner with FFI to Establish a Green Fertilizer Plant in the country
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 …
- Banking, Finance & InvestmentBusinessEconomySouth Africa
Bank Zero announces launch of cash deposits, announces 2023 fees
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,” …
- AirtelBusinessEconomyINVESTMENTMarketsNigeria
Stock investors lose N3.28tn on their investment in three months
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 …
- Banking, Finance & InvestmentBusinessEconomyNigeria
Sterling Bank Nigeria plc grows Q3 profit by 41.52%
Sterling Bank Nigeria Plc said it recorded 41.52 per cent growth in its profit after tax in nine months of 2022, in spite of economic challenges. The Group’s unaudited financial …
- AviationBanking, Finance & InvestmentEconomyNigeriaTransportation & Logisitics
Emirates suspends flights to Nigeria over the inability to repatriate $85 million in it’s revenue
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 …
- Banking, Finance & InvestmentNigeriaWestern Africa
What You Should Know About Nigeria’s New Naira Notes
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 …
- AgricultureBanking, Finance & InvestmentBusinessFinance & ServicesNigeriaUncategorized
AATIF announces $25 funding line to expand it’s agricultural business
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 …
- BusinessEconomyINVESTMENTNigeriaTelecommunications
Nigeria’s telecoms industry investment hits over $70 billion in 21 years
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 …