The Central Bank of Nigeria, CBN, is expected to further reduce the interest rate on Nigeria Treasury Bills, NTBs, this week when it sells N150.82 billion worth of the instruments. …
Business Policies
Egypt’s government will begin its move to the country’s New Administrative Capital (NAC) in December, a presidential statement said on Wednesday. Once the finishing construction touches are added to the …
Egypt will aim to increase the share of renewable energies to over 42 per cent by 2035 after the country reached 2022’s target for boosting renewables to 20 per cent …
- Business PoliciesEastern Africa
Kenya: KenGen Outlines Plan to Accelerate Deployment of Renewable Energy
Glasgow — Kenya Electricity Generating Company (KenGen) Managing Director and CEO, Rebecca Miano, says the company is accelerating the deployment of renewable energy to combat the adverse effects of climate …
Kenya looks set to benefit after the US suspended duty-free access to Ethiopian exports following ongoing unrest in the country’s Tigray region. The US move to ban Ethiopia opens a …
- Business PoliciesGlobal News
Britain to fund $3 billion worth of green investments in developing economies
Britain announced on Monday it will fund green investments of more than 3 billion pounds ($4.11 billion) over five years and new guarantees to support clean infrastructure projects in developing …
Centum Investment Group said Friday it is in advanced talks to acquire three undisclosed Kenyan companies months after making a string of exits. Centum Capital Partners, a wholly-owned and independently …
- Business PoliciesEastern AfricaGlobal NewsSafaricom
US delays Sh54bn loan for Safaricom Ethiopia entry
A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …
An undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transition to a green economy and meet their commitments on battling climate …
Zimbabwean government has partnered with one of the largest marine terminal operators in the world, DP World owned by the government of Dubai in the United Arab Emirates as it …