China is expected to account for 66 percent of the debt-service payments International Development Association (IDA) countries will be making on their official bilateral debt in 2022, the world bank …
Economy
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
- BusinessEconomyMoroccoOil & Gas
Israel’s NewMed Energy Sign Deal with morocco for Offshore Gas Exploration in Boujdour
Israel’s NewMed Energy has signed agreements with Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and Adarco Energy for the exploration and production of offshore gas and oil in the …
- AviationBusinessEconomyMoroccoSpotlight
Royal Air Maroc Launches a New Flights offer for Moroccan Fans
Morocco’s national carrier Royal Air Maroc (RAM) has announced its latest round of flight offers to Doha for the benefit of Moroccan fans wishing to support the national football team …
- AgricultureBanking, Finance & InvestmentBusinessEconomyNigeria
None Nigerian farmers benefitting from Anchor Borrowers’ Programme
The All Farmers Association of Nigeria, on Wednesday, said most beneficiaries of the billions of naira released by the Central Bank of Nigeria under its Anchor Borrowers’ Programme were not …
The TikTok video platform has been banned on government-issued devices in Texas, adding to a growing list of states that have done the same in the past week amid concern …
- BusinessEconomyEnergySouth Africa
Eskom spends R3.2 billion a year on private security to tackle sabotage
South Africa’s state-owned power utility spends R3.2 billion a year on private security to tackle sabotage and to protect its senior executives, TimesLive reports. Eskom’s general manager for security Karen Pillay …
- AFRICA NEWSBusinessEconomyNigeriaTechnologyTransportation & Logisitics
FedEx establishes a direct commercial presence in Nigeria to support customers with international trade
FedEx Express (FedEx), a subsidiary of FedEx Corp. and the world’s largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the …
- AirtelBusinessEconomyFinance & ServicesINVESTMENTNigeria
Lagos-based equity and Investment firm decries funding gap for women-led businesses
The Managing Partner of Aruwa Capital, a Lagos-based equity and investment company, Adesuwa Okunbo-Rhodes, has complained about the funding gap women-focused businesses are grappling with. She argued that businesses managed …
- AirtelBusinessEconomyFinance & ServicesMarketsNigeriaTechnology
Airtel signs $194 million loan deal with IFC to boost African operations
Tuesday entered pact with Washington-based International Finance Corporation (IFC) to obtain $194 million credit to strengthen operations in six of its 14 African markets. IFC is a unit of the World Bank …
- BusinessEconomyEducationFinance & ServicesNigeriaTechnology
NASENI to maintain Nigeria’s critical infrastructure
The President, Major General Muhammadu Buhari (retd.), on Tuesday, said maintaining Nigeria’s critical infrastructure may pose a challenge in the medium and long term except for the deliberate repositioning of …