South Africa retailer Pick n Pay to cut US$187 million in costs in 3 years
According to him, the goal of the store is to increase the number of online clients it serves by continuing...
TotalEnergies bolting out of Nigerian oil joint venture
The French firm will maintain ownership of oil mining licenses 23 and 28, as well as its investment in the...
IMF baits Niger with staff-level agreement on a US$53 million loan
The Nigerien Authorities and the Staff of the International Monetary Fund (IMF) have reached an agreement at the staff level...
Google splashes US$4 million on 6 new African businesses
Applicants are required to have a start-up business in its early stages, have black founders or diverse founding teams, and...
Crossborder payments between Africa and Arab region ease with PAPSS, BUNA partnership
For that purpose, PAPSS has entered into a Memorandum of Understanding (MoU) with Buna, the Arab Monetary Fund's cross-border payment...
Rising inflation forces Egypt to privatise key state companies
Investors brought in after the 2016 IMF-scrutinised reforms are becoming increasingly sceptical of the Egyptian government's finances, which is causing...
Turkey edging closer to China’s financial muscle in Africa’s construction projects
The level of cooperation that once existed between Africa and Turkey has evolved into the form of strategic alliances. The...
Equity: Fossil fuel funding dries up as IFC buys bank’s stake
The new anti-coal policy that Equity has implemented comes at a time when the nation is getting ready to begin...
Tanzania, Uganda scrap road tolls and allow sugar exports in enhanced bilateral relations
According to sources inside the diplomatic community, the projected tax of US$144 will be levied at the same rate throughout...
FBW Group to design Medical Research Council Unit in West Africa
FBW is in the process of building a brand new housing block and a cutting-edge training centre, both of which...
