Japanese company Sumitomo Electric Industries has signed an agreement with Morocco’s Ministry of Industry and Trade to invest nearly MAD 2 billion ($190 million) in Morocco’s automotive ecosystem. The investment …
FNB Stockbroking and Portfolio Management said MultiChoice Group offers an attractive investment opportunity at current levels. They recommend a long position in MultiChoice with an upside target price of R153 …
The enterprise division of Etisalat has formed a joint venture to build the largest pure play cloud managed and professional services provider in its region E& Enterprise’s partner in the …
The volume of Morocco’s investments in the mining sector exceeded MAD 13 billion, or $1.14 billion in 2021, recent data shows. Morocco’s Minister of Energy Transition and Sustainable Development Leila …
The European Bank for Reconstruction and Development (EBRD) is financing the Nador West Med (NWM) is loaning €100 million for the construction of the Nador West Med port in Morocco’s …
Equinix plans to invest $160 million to build its first data centre in South Africa, as part of the firm’s African expansion push.The US data centre company will build its …
In an attempt to revive the dwindling breakfast culture in Nigeria, dairy products maker, FrieslandCampina WAMCO Nigeria Plc recently launched its breakfast campaign in Lagos. In a release, the Senior …
Naivas Supermarket will open three new branches before Christmas, pushing its total stores to 91 countrywide. The retailers will open Naivas Foodmarket Ojijo in Parklands (tomorrow), Naivas Nairobi West (December …
Nigerian stocks advanced for second trading session on Monday in continuation of a swift rally that began on Friday, pushing the benchmark index further north to 48,270.3 points. The equity …
Morocco’s fertilizer giant OCP Group presented their new green investment plan to King Mohammed VI in a ceremony held in the Royal Palace in Rabat on Saturday. The investment plan …
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