Zimbabwean authorities shut down a popular black-market currency-tracking platform, the latest action to try and stop an accelerating decline in its currency. The central bank ordered marketwatch.co.zw and other sites …
Business Policies
Traders held bets that South Africa’s central bank will increase interest rates this year after inflation quickened to a four-month high in September. Forward-rate agreements starting a month from now …
East Africa, the fastest-growing economic district in the African continent, offers tremendous opportunities for the Dubai business community, the Dubai Chamber of Commerce said. “Dubai has made great progress in …
- Business PoliciesSouthern Africa
REFILE-De Beers strikes deal with Namibia to extend Namdeb mine life to 2042
Namdeb, a joint venture between the Namibian government and Anglo American’s diamond business De Beers Group, said on Thursday it has extended its land-based mines’ life by 20 years to …
AFRICA is currently underserved in terms of Data Centre (DC) capacity, accounting for one per cent of the global total. To bridge this gap, about 700 new facilities are required …
The Egyptian government plans to launch a new brand to market the country’s cotton crop abroad at the beginning of next year. The new brand will be announced next January …
On the sidelines of the activities of Expo 2020 Dubai, Morocco officially unveiled its latest investment and export brand: ‘Morocco Now’, an initiative designed to position Morocco as a world-class …
In apparent contradiction of its earlier stance on floating the naira, the Federal Government, yesterday, prevailed on the Central Bank of Nigeria (CBN) to allow the currency to reflect market …
- AgricultureBusiness PoliciesWestern Africa
250 investors lament as N20bn agro-business scheme promoted by Nollywood actors collapses
Over 250 investors may have lost their life savings after the collapse of a business scheme run by an agro firm, Eatrich Farms and Food Limited, Lagos State. They expressed …
- AgricultureBusiness PoliciesSouthern Africa
Rwanda Farmers Urged to Harvest Rainwater to Offset Shortage
The Alliance for a Green Revolution in Africa (AGRA) has predicted a drier than usual season for the October-December period for much of the East African region. AGRA seeks to …