Maersk, the Danish shipping company, has warned its clients to expect disruptions in the Red Sea to …
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Africa
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Africa NewsBanksIndustry & TradeMoneyTech/AI
Zambia signs deal with China, India to rearrange debt
by Aya Anwarby Aya AnwarZambia’s dollar debt increased following a government announcement confirming that China and India, the last two countries …
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Nigeria’s unemployment rate rose by 5 per cent in the third quarter of 2023 due to a …
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Africa NewsBanksFeatureInternational NewsNews
Zambia central bank hikes rates to 12.5%
by Nada Aliby Nada AliZambia’s central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, …
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Africa NewsEgypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
Egypt’s EPICO plans to inject EGP 800 mln investments in ’24
by Nada Aliby Nada AliEgyptian International Pharmaceutical Industries (EIPICO) plans to invest over 800 million Egyptian pounds in 2024 and targets …
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Africa NewsEditors' PicksFeatureIndustry & TradeTech/AI
Diamond producer De Beers sings 3 new contracts with Angola
by Aya Anwarby Aya AnwarDiamond producer De Beers, a division of Anglo America, has inked three new contracts with Angola to …
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Africa NewsEgypt NewsFeatureMoneyNewsTech news
Vodafone’s overall organic services grow 4.7%
by Nada Aliby Nada AliVodafone Group Plc witnessed an overall organic revenue increase of 4.7 per cent to €9.38 billion ($10.1 …
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Egypt NewsFeatureInternational NewsNewsTech/AI
Egypt seeks renewable energy co-operation with NDB
by Aya El Sayedby Aya El SayedThe Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, expressed Egypt’s intention to collaborate with …
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Africa NewsFeatureIndustry & TradeMENA NewsTech/AI
Africa’s largest oil refinery begins production in Nigeria
by Aya Anwarby Aya AnwarAfrica’s biggest oil refinery had begun production in Nigeria, ending the long wait for planet according to …
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Japan’s second-biggest car maker Honda Motor unveiled on Wednesday a new electric vehicle (EV) called the “Honda …