Egypt receives $7.3 bn development funds amid pandemic
The government has also passed fresh law for SMEs to incentivise and...
Africa
Nigeria rolls out special bills to boost financial market
The instrument is not applicable for repurchase agreement transactions related to the...
Nigeria’s privatised power sector deteriorating: World Bank
The reports indicate that 47% of Nigeria’s population doesn’t have access to...
Total, ExxonMobil mulls re-negotiation on 2015 Mozambique LNG project deal
Both companies signed the deal to use resources from the basins that...
African banks suffer due to a surge in bad loans provision
KCB’s net profit slumped 43 percent to $109 million in the first...
Dubai-based startup Distichain plans to foray into Australia and the US
The platform in the US is expected to be launched in partnership...
South Africa’s Pick n Pay launches MVNO service called PnP Mobile
The customers will be rewarded with 250 MB to 2.5 GB of...
Covid-19 sees bike hailing startup SafeBoda quit Kenya
The startup, which entered Kenya in 2018 will cease operations on November...
Libya exceeds oil output by 1.2 million barrels per day
The oil production surged from below 100,000 bpd during the blockade to...
Elsewedy Electric to establish new Toshka 4 power station
Elsewedy Electric has signed contracts worth EGP 3 billion this year...