South Africa’s Bureau of Statistics says the country’s inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. The rate is the highest …
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MTN, Ultima Studios to Debut game show ‘Family Feud’ on Nigerian Screens
The globally acclaimed game show, ‘Family Feud’ is set to grace screens across the nation from October 7, 2022 courtesy of leading technology company and headline sponsor, MTN Nigeria in …
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Olam Agri appoints new country head in Nigeria
Olam Agri, a leading agribusiness in food, feed, and fibre, has appointed Ashish Pande as the new Country Head in Nigeria, effective 23rd September 2022. Ashish has been instrumental in establishing Olam Agri’s animal feed business, …
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Nigeria launches energy transition plan
The federal government of Nigeria has launched Nigeria’s energy transition plan as a major pathway in achieving universal energy access by 2030 and a carbon-neutral economy by 2060. Vice-President Yemi Osinbajo, …
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MTN Nigeria begins 5G rollout, targets seven cities
MTN Nigeria has kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch. The company intends to launch 5G services in Lagos, Abuja, Port Harcourt, …
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China to forgive 23 interest-free loan to 17 African countries
The Chinese government has revealed plans to forgive 23 interest-free loans to 17 African countries. China also revealed its intention to provide food assistance to struggling nations. The Chinese Foreign …
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USAID funds Egypt’s response to Covid-19 with $9M
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …
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Egypt launches ‘Your Road is Safe’ initiative targeted at delivery workers
After launching the “Safe Shores” initiative targeted at fishermen and the “Silky Hands” initiative targeted at carpet makers, the ministry of social solidarity Egypt launched Tuesday “Your Road is Safe” …
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Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
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Ghana dollar auction: demand exceeds supply by $84.5M
Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed. This is a reduction of the $105.25 million recorded during the …