Maroc Telecom, Morocco’s largest telecommunication operator, announced positive financial results at the end of September 2022, with a 0.3% rise in revenues. The company’s revenues exceeded MAD 9 billion ($842 …
Economy
- BusinessEconomyMoroccoTelecommunicationsUncategorized
- AgricultureBusinessEconomyFinance & ServicesMorocco
Russia to Repair it’s Fishing Vessels in Casablanca port instead of las Palmas
Following the port embargo on its fishing vessels, Russia has opted to repair its fishing boats in Casablanca port instead of Las Palmas. The head of the representative office of …
The Auditor-General has flagged Sh2.5 billion worth of irregular spending at Kenya Power in the year to June, including an expenditure of Sh1.2 billion to cover salaries without the approval …
- Banking, Finance & InvestmentBusinessEastern AfricaEconomyTechnology
Mastercard and Cellulant Partner to Allow Consumers across Africa to shop and pay online
Mastercard and Cellulant have partnered to allow Cellulant customers across Africa to shop and pay online with global merchants wherever Mastercard is accepted. The Mastercard virtual payment solution, linked to …
- EconomyFinance & ServicesHospitalInsuranceKenya News
NHIF revives a controversial law raising premiums for top earners
The National Hospital Insurance Fund (NHIF) has revived a controversial law seeking to have workers earning more than Sh100,000 per month pay more in monthly contributions, signaling a heavier financial …
- EconomyEducationMoroccoTechnology
Five Moroccan Startups are set to Visit India to Learn from South Asian tech Ecosystem
Five Moroccan startups are set to visit India from October 26 to 30 to learn from the Indian tech ecosystem and identify prospects for cooperation. Morocco’s Ministry of Digital Transition …
- BusinessEconomyKenya NewsMarketsUncategorized
CMA Gazettes Crowdfunding Regulations and Paving Way For Cheaper Capitals
Small businesses will access affordable funding after the Capital Markets Authority (CMA) gazetted a new crowdfunding regulation. The Capital Markets (Investment-Based Crowdfunding) Regulations 2022 is pursuant to Section 12 (1) …
- AgricultureBusinessEconomyKenya News
Tea farmers Face Losses As Climate Change Starts To Take Course in Kenya
James Maina, a tea farmer in Muranga county in Kenya is a distraught man. Maina has been a farmer since the 1990s, his farm has earned him enough to school …
- AgricultureBusinessEconomyKenya News
406 Acres Of Tobacco farm Land in Migori are Now Under Alternative Crops
A total of 406 acres of tobacco farms in Migori County have been transformed alternative crops by tobacco growers. The Tobacco Free Farms Project started in 2021 with 370 acres …
- AviationEconomyEthiopiaTransportation & Logisitics
Ethiopian airlines urges government to triple paid-up capital to 3000 billion birr
Ethiopian Airlines has requested the government to raise its paid up capital to 300 billion birr, a three-fold increment from the current 100 billion birr. The group’s fast-growing asset and …