Economy

Morocco’s national unemployment rate edged slightly down by 1.6% at the end of the first half of 2022, according to data from Morocco’s Higher Commission of Planning (HCP).  Unemployment currently …

The government of Kenya has given assurance that there will be enough maize flour, commonly known as unga, on the shelves in the coming days. Speaking to the press in …

Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.20(Sh262.13) up from USD2.22(Sh264.51) last week. …

Remittances from Morocco’s diaspora reached MAD 47.04 billion, or $4.56 billion during the first half of 2022. According to new data from Morocco’s Foreign  Exchange Office, the number represents an increase …

China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the …

Safaricom Plc, the Kenyan mobile-phone company that counts Vodafone Group Plc as its biggest investor, plans to revamp its corporate structure in the next two years to make it easier to expand …

The Kenya Association of Manufacturers (KAM) has urged the government to put in place measures that will enable the country to enjoy full benefits from Africa Continental Free Trade Area …

Trade between Morocco and Israel saw an increase of 1% in the first half of 2022 compared to the same period last year. New data from the Abraham Accords Peace …

4G Capital, an award-winning neobank powering micro and small business growth in Africa, announced their go-live on Mambu‘s leading cloud banking platform.  4G Capital provides unsecured business loans along with enterprise training …

 KCB Group has announced plans to acquire a majority stake in a DRC-based TMB Bank marking its entry into the country with a population of over 93 million people. The …