The Central Bank of Egypt (CBE) on Thursday canceled the maximum limits for deposit operations for individuals and companies in bank branches and automated teller machines (ATMs). The CBE also …
Economy
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AfricaBusinessEconomyEgyptNewsNorth AfricaNorthern Africa
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AfricaAFRICA NEWSEconomyEgyptNewsNorth AfricaNorthern Africa
IMF welcomes Egypt’s social protection program
The International Monetary Fund (IMF) welcomes the government’s social protection programs and does not force the state to take measures that harm Egyptian citizens, affirmed Egypt’s Prime Minister Moustafa Madbouli …
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BusinessBusiness and EconomyEconomySouthern Africa
Transnet announces a deadlock in wage negotiation as strike continuous
Transnet announced on Friday a deadlock in wage negotiations, with two labor unions raising the prospect of a strike that could further cripple the state-owned logistics company and impact Africa’s …
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AfricaAFRICA NEWSBusinessCOVID-19EconomyGhanaNewsWestern Africa
Ghana-India trade on the path to recovery after Covid-19 slowdown
Trade between Ghana and India is on the path of recovery after plummeting in 2020 as a result of the COVID-19 pandemic. After dropping by nearly a half from the …
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Morocco’s reserves of wheat can sustain the country for six months, after being affected by this year’s diminished domestic output, Moulay Abdelkader El Alaoui, the President of the National Wheatmill Federation …
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Morocco’s volume of domestic electric power generation has increased by 3.2% at the end of the first half of 2022. The increase follows 2.2% growth in the second quarter of …
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AfricaAFRICA NEWSBusinessEconomyEntrepreneurshipGhanaNewsWestern Africa
Ghanaian SMEs export Hausa Koko, coconut to Germany
Some young entrepreneurs have started exporting made-in-Ghana products, including millet mix for porridge (Hausa koko) and coconut to Germany. This was made known as 60 Small and Medium Enterprises (SMEs) …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Generation Companies lament poor remittances for electricity consumed
The association of power generation companies (APGC) Nigeria says members are owed N1.75 trillion for power generated for the electricity market since 2013. Joy Ogaji, executive secretary, APGC, made this …
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AgricultureAviationBusinessEconomyUncategorized
Fahari Aviation and Sasini Partner To Scale Up Use Of Drones technology for Agriculture
Fahari Aviation has signed a service agreement with Kipkebe Ltd, a subsidiary of Sasini PLC, which will see the use of drones in agricultural activities such as fertilizer application and …
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AfricaEconomyGlobal NewsNewsNigeriaTransportation & LogisiticsWestern Africa
Nigeria emerges second highest recipient of UK’s Worker Visas after India
Nigerian nationals emerged as the second highest recipients of United Kingdom’s Worker Visas between December 2019 to June 2022. Nigeria was only topped by Indian nationals whose recipients increased from 57,087 to 102,981 …