Morocco ranked among the top three countries “punching above their weight” in terms of developing green energy capacity, according to a report. In a ranking from American consultancy EY that …
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- BusinessEconomyEnergyMorocco
- BusinessEconomyFinance & ServicesNigeria
Nigeria’s economic growth slows to 2.25% in third quarter of 2022
Nigeria’s economy grew by 2.25 per cent in real terms in the third quarter of 2022, the national bureau of statistics has said. The gross domestic product, which measures the …
- BusinessEconomySouth Africa
SAB launches a new logo which represents it’s positive outlook for the country
South African Breweries (SAB) has launched a new logo which the company says represents its positive outlook for the country, with its CEO optimistic about local prospects – even as …
Despite being a traditional energy import market, Morocco has worked on building competitive renewable energy infrastructure which contributed to boosting the attractiveness of the domestic market among foreign investors. This …
- BusinessEconomyFinance & ServicesNigeria
Federal Government to grow Nigeria’s gross domestic product to $9tn in the next 28 years
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
- BusinessEconomyINVESTMENTNigeriaTelecommunications
Nigeria’s telecoms industry investment hits over $70 billion in 21 years
The Nigerian Communication Commission (NCC) says the telecommunication industry has recorded over $70 billion investment in the past 21 years. The Executive Vice Chairman of the NCC, Umar Danbatta, said this on …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesKenya NewsUncategorized
China loans to Kenya drops for first time in 20 years
Chinese loans to Kenya have dropped for the first time in 15 years as Beijing adopts more cautious lending in Africa where some nations have reached the limit of their …
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World Bank classifies Ghana as high debt distressed country, projects debt to GDP of 104%
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of 104.6 per cent by the end …
- AfricaBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern Africa
Egypt’s energy sector represents 13% of GDP
The Egyptian energy sector represents 13 percent of the gross domestic product (GDP) positioning as one of the main factors driving economic and social development, according to the Information and …
Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …