Browsing Category
Business
Dangote Industries get USD 1.4 billion financing facility Via the African Export-Import Bank
Afreximbank Signs USD1.35 billion Financing as Lead Arranger in USD 4 Billion Syndicated Facility to Refinance Dangote Refinery Construction
Kenya, Rwanda and Uganda kickstart East African Community Customs Bond
Compliance will be enforced through automated systems linked with customs and cargo tracking, ensuring that all movements are monitored and risk managed.
East African Community Posts USD 0.8 Trade Surplus as Exports shoot by nearly 50 percent
There has been a notable increase in East African exports to the Chinese market and a slight decline in imports.
Most of the developing world is turning into a development-free zone
By 2027, the per capita GDP of high-income economies will be roughly where it had been expected to be before the COVID-19 pandemic. But developing economies would be worse off, with per capita GDP levels 6 percent lower.
Libya Central Bank moves to regulate Foreign Currency Exchange Business in Tripoli
As part of the business reforms, the Central Bank of Libya (CBL) has now officially authorized nearly 270 currency exchange offices or Forex Exchange Bureaus across the country.
Why is Shoprite closing all its supermarkets across Africa?
Shoprites started closing its stores in Tanzania and later moved to Nigeria, Kenya, Uganda, Madagascar, and the Democratic Republic of Congo (DRC). Now it is quitting Malawi
Kenya upgrading the Diani Coastal Airstrip into International Airport
It is now the turn of Kenya, to rework the Diani Beach's once just a small Airstrip, which is now being upgraded to become a bigger Airport capable of handling domestic and international flights.
Coca-Cola to boost its investments in Kenya by USD 175 Million
From those early beginnings, Coca-Cola Beverages Africa (CCBA) has evolved into a key player in Africa’s beverage industry, with a deep commitment to local communities and long-term development.
Why African Firms are now considering Payroll Outsourcing
Workplaces are becoming more complex through a wide variety of employment conditions, frequent regulation changes, and growth risks (especially when operating in multiple regions).
BADEA Approves USD120 million to support Shelter Afrique Development Bank Capitalization Program
This initiative, developed in partnership with the Arab Bank for Economic Development in Africa (BADEA), introduces an innovative financing mechanism through which eligible member states can access on-lending at competitive terms.