Economy

 Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …

Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …

Centum Investments Company plans to repay Sh2.3 billion worth of debt using part of the proceeds from the sale of its stake in Sidian Bank to Nigeria’s Access Bank. This …

Murang’a County will give farmers Sh5 per liter of milk as an incentive meant to increase the county’s production of milk from the current 600,000 liters per day to 1 …

 The Japanese International Cooperation Agency (JICA) has pledged to continue supporting the Kenya Ports Authority (KPA) in upgrading port infrastructure to accelerate growth of the East Africa regional economies. JICA …

President William Ruto Thursday promised ‘Hustlers’ money as the much-touted fund mutated from a small business loans programme to a savings plan with 50 percent returns. The President said borrowers …

 Incoming Ministry of Agriculture Cabinet Secretary (CS) Franklin Linturi has said prices of maize flour will not go down anytime soon unless the Government re-introduces the subsidy programme. Maize prices …

Morocco’s governing council chaired by Head of Government Aziz Akhannouch, adopted a draft decree to temporarily suspend import duties on domestic cattle on Wednesday October 19. The draft decree seeks …

Morocco’s fertilizer giant OCP Group inaugurated this week its first ultramodern fertilizer blending plant on the continent in Kaduna, in northern Nigeria.  The aim of the new Kaduna facility is …

The Federal Government said there is no need to declare a state of emergency over the tragic flooding incidents across the country. This was made known on Thursday night by the …