While Moroccan politicians often invoke inflation and adverse geopolitics to justify rising fuel prices, Morocco’s market watchdog is currently arguing that extortionate practices, and a lack of political will to …
Uncategorized
- EconomyMarketsMoroccoOil & GasUncategorized
Egypt launched on Thursday a campaign to clean up the Nile River, which will hopefully break the Guinness World Record as one of the largest campaigns that seek to preserve …
- Banking, Finance & InvestmentBusinessEastern AfricaEconomyUncategorized
Ruto seeks deal with Safaricom to disburse cheaper loans to small traders
President William Ruto is seeking a deal with fintechs such as Safaricom to disburse cheaper loans to small traders at single-digit interest rates. The planned partnership will see the State …
- BusinessInformation & TechnologyKenya NewsSafaricomTechnologyUncategorized
Safaricom expands Ethiopia network coverage to Awoday and Gondar Cities
Safaricom has expanded its network coverage in Ethiopia, with a recent large-scale customer pilot in Awoday and Gondar cities. The two cities bring the number of cities the telco has …
- BusinessEconomyFood ProductionKenya NewsUncategorized
Kebs suspended 10 Edible oil and cooking oil brands over quality standards
Edible oil and cooking fat manufacturers Bidco Africa, Pwani Oil, Kapa Oil and Menengai, have been ordered to recall some of their products from the shelves for non-compliance with standards. …
- AfricaBanking, Finance & InvestmentEconomyEgyptNewsNorth AfricaNorthern AfricaUncategorized
Egypt’s central bank keeps interest rates unchanged for the third time in a row
Egypt’s central bank (CBE) has on Thursday kept its key interest rates unchanged for the third time in a row. The central bank’s Monetary Policy Committee (MPC) has maintained its …
- BusinessEastern AfricaEconomyManufacturing & Consumer GoodsUncategorized
East African Portland Cement commences work After Kiln Upgrade
Cement manufacturer East African Portland Cement PLC has resumed manufacturing at its Athi River plant after the replacement of a faulty kiln shell that had caused frequent downtimes in the …
- AgricultureBusinessEconomyKenya NewsUncategorized
Kenya’s Avocado rejected in Norway Over Contamination Claims
The Norwegian authorities have raised an alarm over Kenyan avocados after two packages of the product were claimed to contain high doses of pesticide chlorpyrifos that exceed the permitted limit value. …
Kenya is seeking a placeholder trade partnership before establishing a fully-fledged trade deal with the United States. Outgoing Trade and Industrialization Cabinet Secretary Betty Maina said she expects engagements on the …
United Arab Emirates(UAE) has leapfrogged India to become Kenya’s second largest source market after China on the back of soaring oil prices, official statistics show. Provisional trade data on Friday …