The US imposes visa restrictions on Ethiopian officials over the situation in Tigray. The Ethiopian government on Monday condemned a decision by the US to slap visa restrictions on current …
Northern Africa
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Business PoliciesHospitality, Travel & TourismNorthern Africa
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The Ethiopian government has awarded a telecom service license to the Global Partnership for Ethiopia, a consortium of telecom companies. The consortium, which includes Vodafone, Vodacom, Safaricom, Sumitomo Corporation, and …
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Bringing unmatched performance with modern IT infrastructure and managed solutions to meet local regulatory and latency requirements Raha Limited today announces the first multi-tenanted Azure Stack deployment in Dar es …
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Huawei, the leading global provider of information and communications technology (ICT) infrastructure and smart devices, powers the first telecom mobile money platform in Ethiopia for Ethio Telecom. Telebirr mobile money …
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AfricaEntrepreneurshipNorthern Africa
Kom Ombo, Egypt’s largest solar plant, secures $114 Million Funding
Egypt’s largest solar plant, Kom Ombo has secured a $114 million financing package from the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (OPEC Fund), …
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The Monetary Policy Committee (MPC) of the Bank of Tanzania (BoT) said yesterday that Tanzania’s economy would grow by 5.7 percent this year, fuelled primarily by sustained public investment and …
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Northern AfricaPress ReleasesTransportation & Logisitics
Renault Group Appoints Mohamed Bennani As New Director in Morocco
The Renault group has appointed Mohamed Bennani as the managing director in Morocco as part of restructuring the brand. On the group’s Facebook page the post reads, “We welcome Mohamed …
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Banking, Finance & InvestmentNewsNorthern Africa
Egypt records 4.8% annual inflation in March, rises to 0.6% in a month
Egypt’s annual consumer price inflation was at 4.8 per cent in March 2021, compared to 4.6 per cent in the corresponding month in 2020, this was according to the report …
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EntrepreneurshipNewsNorthern Africa
Algebra Ventures launches $90M fund to invest in startups in Egypt
Algebra Ventures has announced the launch of its second $ 90 million funds which will be committed to funding startups in Egypt and allocating a special stake to the Middle …
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Banking, Finance & InvestmentNorthern Africa
Central Bank of Egypt offers EGP19 billion worth of treasury bills
The Central Bank of Egypt on Sunday issued treasury bills worth EGP19 billion ($1.21 billion) on behalf of the Finance Ministry. Governments resort to financing budget deficits by offering bonds …