The Central Bank of Kenya (CBK) has announced the reintroduction of charges for transactions between mobile money wallets and bank accounts from January 2023. The charges had been waived since …
Economy
- BusinessEconomyKenya News
The Nigerian government, in a bid to boost trade with South East Asia and maximize the African Continental Free Trade Area (AfCFTA) agreement, has announced plans to make $336 billion …
- BusinessEconomyINVESTMENTMarketsNigeria
Stocks ascend for second trading session turnover slides in Nigeria
Nigerian stocks advanced for second trading session on Monday in continuation of a swift rally that began on Friday, pushing the benchmark index further north to 48,270.3 points. The equity …
- BusinessEconomyMoroccoNigeriaOil & Gas
ONHYM Signs 5 New Deals to Boost Nigeria and Morocco Pipeline Implementation
Morocco’s National Office of Hydrocarbons and Mines (ONHYM) has signed five new Memorandums of Understanding (MoU) with several countries, which emphasized their unwavering support for the implementation of the Nigeria-Morocco …
Morocco’s state-owned utility company ONEE is set to supply manufacturers in the automotive industry with green energy. Dubbed the “National Master Plan for Electric Mobility,” the initiative is a step …
- Banking, Finance & InvestmentBusinessEconomySouth Africa
Nedbank lending increases despite rising interest rates
Nedbank says it has been lending more, and as the interest rates continue to climb, the green bank is cashing in some handsome net interest income. The banking group published …
- AFRICA NEWSBusinessEconomyNigeriaTechnology
DStv to launch a new BBC UKTV channel on it’s satellite TV service
MultiChoice will launch a new channel called BBC UKTV on its satellite TV service DStv in mid-December, allowing customers access to various natural history, comedy, soap, and children’s shows. The …
Vodafone Group chief executive Nick Read will step down at the end of 2022, after he failed to halt a years-long slide in the telecommunication giant’s share price and mergers …
- BusinessEconomyMoroccoNigeriaOil & Gas
NNPCL signs five memoranda of understanding with the national oil companies
The Nigerian National Petroleum Company Limited (NNPCL) has signed five memoranda of understanding with the national oil companies and relevant entities of five African countries on the Nigeria-Morocco Gas Pipeline …
- AgricultureBusinessEconomyFood ProductionKenya NewsUncategorized
Former Jumia Executives launches a New E-Commerce Platform
Former Jumia Kenya figureheads have formally launched a new e-commerce platform dubbed, Kapu, that will help consumers cut spend on their everyday groceries. Kapu’s model is designed to allow customers …