Efficiency for Access allocates $3.7m to solar related technologies in Africa
The Efficiency for Access Research and Development Fund has just allocated more than 3.75 million dollars to 20 start-ups, three…
Fitch Ratings Downgrades Morocco’s Default Rating to Junk Bond
Global credit rating agency Fitch Ratings has revised Morocco’s default rating for long-term foreign currency bonds to BB+. While Fitch…
China president invokes military might with US in mind
China flexes its military muscle Chinese President Xi Jinping issued a sharp warning Friday to potential “invaders” of Beijing’s military…
MTN Rwanda Receives Mobile Money Certification
Africa’s biggest mobile telecoms network, MTN has become the first provider in Rwanda to gain the GSMA Mobile Money Certification.…
Ouattara plays politics card with Cocoa Price hike
Critics have accused the President of Cote d’Ivoire Allasane Ouattara of playing the political card with the recent hike in…
Egypt’s Alexandria Refinery receives $250m financing for upgrade
Egypt’s state-owned Alexandria Petroleum Company (APC) will receive a quarter of a billion dollars ($250Million) from the European Bank for…
Morocco amends Free Trade Agreement with Turkey
Efforts geared towards repositioning the national economy in view of the post Covid-19 recovery plans, Morocco’s Council of Ministers have…
Why German insurance giant Allianz, is making inroads Africa
The German insurance giant Allianz is venturing into the East African market as part of a strategy to have a…
Kenya’s Coffee may lose global appeal because of contamination
Kenya’s coffee industry is facing its biggest challenge in recent times as the crops have been contaminated, a development experts…
150 Million People may face extreme poverty in 2021
A report released by the World Bank on Wednesday reveals that the coronavirus pandemic could put almost 150 million people…