Markets

The Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to withdraw its service over incessant increment on the price of the premium motor spirit in the Eastern part of …

Naira fell significantly against the U.S dollar at the unauthorized parallel market on Monday, extending the local unit devaluation to N800 at the close of business. This implies a 2.83 …

 EcoFlow, a company specializing in electricity storage solutions announced it is extending its operations to Morocco. Commenting on the decision to enter Morocco’s market, EcoFlow said that Morocco has a …

Huawei has doubled uptake of 5G network as demand rises among local telcos. Huawei says 12-telecom operators in 10-markets have adopted the technology over the last 3-years. Demand for fifth …

In a bid to meet its climate targets, Singapore has started talks on carbon markets to buy carbon credits from Morocco and other countries including Ghana, Indonesia, Colombia, and Brunei.  …

Small businesses will access affordable funding after the Capital Markets Authority (CMA) gazetted a new crowdfunding regulation. The Capital Markets (Investment-Based Crowdfunding) Regulations 2022 is pursuant to Section 12 (1) …

Moroccan insurance provider Sanlam, formerly known as Saham, has said that “Morocco is a key market” for its pan-African operations. In June, Saham officially changed its name to Sanlam after its …

Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …

Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …

British multinational Diageo Plc’s proposed purchase of additional shares in EABL values the company at Sh151 billion, signaling an undervaluation of the brewer at the prevailing market price prior to …