Economy

Morocco has purchased 150 military drones of the WanderB and ThunderB types, manufactured by Israel’s BlueBird Aero systems, a company specialized in designing and developing Tactical Unmanned Aerial Systems (UAS) …

OCP reported an “exceptional” increase in its income and turnover compared to last year, in its latest earnings report, detailing the phosphate giant’s performance until June 30, 2022. “OCP achieved …

Kenya will look to introduce a regulatory framework for cryptocurrencies, this is according to Dr Patrick Njoroge, Governor of the Central Bank of Kenya (CBK). “Any crypto or all the …

 Tea prices at the weekly Mombasa auction rose slightly this week amid an increase in the volumes traded. At this week’s auction, a kilo averaged USD2.25(Sh271.35) up from USD2.24(Sh270.14) last …

Ghana and Finland have signed a framework agreement on projects to be funded under Finland’s Public Sector Investment Facility (PIF) Scheme. The agreement was signed on Monday on the margins …

Renault Group Maroc has renewed its partnership with SUEZ for the treatment and recovery of industrial waste from its plants in Tangier and Casablanca. Earlier this week, a statement from …

The SA Reserve Bank on Thursday raised its main lending rate by 75 basis points to 6.25%, for the second meeting in a row. Three members of the monetary policy …

Haco Industries has signed a Memorandum of Understanding with the University of Nairobi (UoN) Department of Chemistry that will see students from the varsity get industry training. The university will …

Morocco’s inflation rate remains high, reaching a new peak at the end of August with an increase of 8% compared to last year, according to the latest figures from the …

Kenyans with old passports have until November to acquire the new biometric digital ones, Immigration Director General Alexander Muteshi said Thursday. Travellers who will not have changed their passports by …