Business Policies

The Central Bank of Nigeria (CBN) has directed all Bureau de Change (BDC) operators in the nation to reapply for updated operational licenses before June 3, 2024, to retain their …

The International Monetary Fund (IMF) has disclosed that import restrictions and foreign currency shortages in Nigeria and other African countries are still hindering businesses. In its Regional Economic Outlook for …

Nigeria’s President Bola Tinubu has approved The Infrastructure Corporation of Nigeria (InfraCorp) to be the Lead Arranger and Developer of Evergreen City, the country’s green industrial zone. According to a …

The Prime Minister of Egypt, Mostafa Madbouly, announced that the entrepreneurship sector in the country has attracted investments exceeding $2 billion in the last four years. Madbouly highlighted Egypt’s dedication …

The United Nations Educational, Scientific and Cultural Organization (UNESCO) recently presented its latest report on artificial intelligence readiness for Morocco at a national conference on AI development held in Rabat. …

Morocco and the World Bank have reiterated their commitment to strengthen their collaboration and have called for advancing their partnership through a new joint roadmap. This was stated during a …

King Mohammed VI emphasised the importance of Morocco’s Atlantic initiative, which aims to enhance regional integration by providing landlocked Sahel countries with access to the Atlantic and global trade.  This …

Tech startup Iozera, based in the United States, has revealed intentions to establish a $500 Million, 386 MW Data Center and artificial intelligence centre in the city of Tetouan in …

Shell will discontinue its downstream operations in South Africa by selling its shares in a local company, marking the end of 120 years of activity in the region. The company …

Sweden’s Trelleborg group has pledged to invest €11 million in its plant to be set up in Morocco’s aerospace industrial zone, located in Casablanca suburbs, which are housing facilities of …