President Muhammadu Buhari on Friday, presented the 2023 appropriation bill to a joint session of the National Assembly in Abuja. According to the president, the 2023 Budget was prepared amidst …
Economy
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
- AfricaAFRICA NEWSAgricultureBanking, Finance & InvestmentBusinessEconomyNewsNigeria
ASA 2022: Sterling Bank, Microsoft others to unlock $1trn
Sterling Bank Plc has announced plans with her partners, Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears Data among others, to unlock $1trillion in Africa’s agricultural sector, …
- BusinessEconomyEthiopiaSafaricomTelecommunications
Safaricom launches a commercial service in Addis as Ethiopia telecom to face stiff competition
Safaricom Ethiopia launches commercial services in Addis Ababa, ending the half-century old telecom monopoly that was under the control of Ethiopia telecom. At a press briefing held at the Hayatt …
- Banking, Finance & InvestmentBusinessEconomyEthiopia
Central Bank of Ethiopia freezes accounts of 392 currency dealers
The National Bank of Ethiopia ordered banks to freeze the accounts of over 392 individuals accused of trading foreign currencies in the parallel market. Yinager Dessie (PhD), governor of the …
- AviationEconomyKenya NewsTransportation & Logisitics
Kenya Airports Authority plans to Conduct its 1st Test Flight on the newly refurbished Terminal 1B
The Kenya Airports Authority (KAA) has announced plans to conduct its first test flight on the newly refurbished Terminal 1B at the Jomo Kenyatta International Airport (JKIA) on 15th October …
- EconomyHealthcareHospitality, Travel & TourismMorocco
Morocco’s Health Ministry Sign $155.9 Million agreements with five University Hospitals centers
Morocco’s Ministry of Health and Social Protection signed agreements amounting to MAD 1.7 billion ($155.9 million) with five university hospital centers on Wednesday in Rabat, aiming to improve buildings and …
- AviationEconomyMoroccoTransportation & Logisitics
Morocco and Saudi Arabia Sign a bilateral Agreement to Boost Air Transport
Morocco and Saudi Arabia recently signed a bilateral agreement on September 28 to boost air travel and develop their aviation sectors. Morocco’s Minister of Transport and Logistics, Mohammed Abdeljalil met …
Tea prices at the weekly Mombasa auction rose slightly this week amid reduced demand for the second week running. At this week’s auction, a kilo averaged USD2.32(Sh280.49) up from USD2.27(Sh274.80) …
- EconomyKenya NewsOil & Gas
Kenya fails to strike deposits of oil and gas in the disputed area claimed by Somalia
Kenya has failed to strike oil and gas deposits in the coastal strip that has for years been at the Centre of an international border dispute with neighboring Somalia. Seismic …
- Banking, Finance & InvestmentBusinessEconomyKenya NewsMarkets
SBM sale revealed in court amid Sh11bn CBK support
Mauritian bank group SBM Holdings wants to sell its Kenyan subsidiary five years after entering the market through the buyout of Fidelity Bank that has continued to struggle despite receiving …