Reuters News Marrakech – Morocco’s largest pharmaceutical company Sothema is looking for partnerships to set up a plant in east Africa as part of its expansion strategy in the continent, Sothema CEO Lamia Tazi said on Monday. The east Africa plant would be the second for the Casablanca-listed company outside Morocco after Senegal, where it…
By JerryOwilli Marrakech – Morocco’s largest pharmaceutical company Sothema is looking for partnerships to set up a plant in east Africa as part of its expansion strategy in the continent, Sothema CEO Lamia Tazi said on Monday. The east Africa plant would be the second for the Casablanca-listed company outside Morocco after Senegal, where it…
Reuters News The head of the International Monetary Fund on Thursday urged African countries to accelerate their transition to clean energy sources and sustainable agriculture given what she called the “existential threat” posed by climate change. “This is the most significant risk we face as a global community. It is an existential risk,” IMF Managing…
Reuters News Kenya’s economy grew 5.4% year-on-year in the second quarter of this year, slightly better than the 5.2% growth in the same quarter of 2022 thanks to a rebound in the agricultural sector, official data showed on Thursday. The East African nation has witnessed rapid growth in recent years, helped by its diverse economy,…
Reuters News Kenya’s economy grew 5.4% year-on-year in the second quarter of this year compared with 5.2% in the same period of 2022, the statistics office said on Thursday.
Reuters News LONDON – Dengue fever will become a major threat in the southern United States, southern Europe and new parts of Africa this decade, the WHO’s chief scientist said, as warmer temperatures create the conditions for the mosquitoes carrying the infection to spread. The illness has long been a scourge in much of Asia…
Nigerian Tribune The National Space Research and Development Agency (NASRDA) has said the valuation of Nigeria’s space industry could be as high as $1 billion. Director-General of the agency, Dr Halilu Shaba, also clarified that it had successfully cultivated the essential resources and expertise needed for the sector to prosper. Shaba said, “The value of…
Nigerian Tribune With the global data centre market set to hit $517.17 billion valuation by 2030, the wave of investment inflow into various countries to claim a good share of the fortune is gaining momentum in Nigeria. According to market reports, the global data centre market valued at $187.35 billion in 2020 will reach $517.17…
Bizcommunity.com The City’s Mayoral Committee Member for Economic Growth, Alderman James Vos, cut the ribbon at the opening of Ivilitex, a new high-tech clothing and textile manufacturing facility in Epping, Cape Town.The garment manufacturer is a division of the Ivili Group, a South African woman-owned company that is aiming to lead the charge towards increasing…
By DavidOchieng Mbewa Morocco will host the 2025 Africa Cup of Nations and the trio of East African nations – Kenya, Uganda and Tanzania – will host the 2027 Africa Cup of Nations. CAF President Patrice Motsepe made the announcement during a meeting of the CAF Executive Committee on Wednesday. Motsepe said he was “immensely…
