Reuters A general view of the new headquarters of Central Bank of Egypt, at the New Administrative Capital (NAC) east of Cairo, Egypt December 8, 2023. REUTERS/Amr Abdallah Dalsh/File Photo Acquire Licensing Rights Egypt’s central bank kept its overnight interest rates unchanged on Thursday as predicted, saying GDP growth had slowed to 2.9% in the second…
Reuters The logo of French oil and gas company TotalEnergies is seen at the company’s headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes Acquire Licensing Rights CAPE TOWN, Dec 22 (Reuters) – French energy firm TotalEnergies (TTEF.PA) plans to restart its long-delayed $20 billion Mozambique liquefied natural…
Africa Business SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities. – SAIS2023 brought together 2,600 innovators from 26 countries – The investment capital in attendance equalled around R30 mbillion – Startups are pivoting to or building on AI In the dynamic world of technology and entrepreneurship, the courage and…
Bizcommunity.com A general view of a logo at the TotalEnergies electric vehicle fuelling station in the La Defense business district in Paris, France, July 28, 2021. Benoit Tessier, Reuters TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met Nigeria President Bola Tinubu in…
Reuters News A man holds Ghana’s cedi notes in Accra July 3, 2007. Luc Gnago, Reuters Ghana’s economy grew 2.0% year-on-year in the third quarter of 2023, the country’s statistics agency said on Wednesday.
Reuters News A giraffe is seen by the city skyline prior to the start of the Magical Kenya Open presented by Absa at the Karen Golf Club on March 13, 2019 in Nairobi, Kenya. (Photo by Stuart Franklin/Getty Images) Kenya’s economy is likely to expand by 4.5%-5.2% in 2024 from an estimated 5% this year,…
Africa Business Currency exchange, money transfer, FinTech financial technology, Global business, online banking, interbank payment concept. Man using mobile phone and laptop computer with international currencies and world map on virtual screen. Image Courtesy: Getty Images Research noted nearly 50 partnerships between health startups and African governments, with a focus on optimizing local health supply…
Nigerian Tribune The Nigerian bourse rebounded after the previous session’s pullback as the benchmark Index gained 0.02 per cent to close at 72,404.91 basis points on Monday. Basically renewed interest in United Bank for Africa, Lafarge Africa and Fidelity Bank pushed the broader index into positive territory, leaving their share prices higher by 0.41 per…
Africa Business The world is hurtling headlong into a digital future, and one crucial resource is in short supply: tech talent. Projections paint a stark picture. By 2030, the global tech talent shortage could soar to 85 million, translating to $8.5 trillion in potential lost annual revenue, and there’s no viable solution at scale to…
Reuters News A U.S. $100 dollar bill is seen December 17, 2009. Sam Mircovich, Reuters Rwanda’s economy is expected to grow 6.6% in 2024, up from this year’s figure of 6.2%, the finance minister and central bank governor told the International Monetary Fund in a letter. In February, Finance Minister Uzziel Ndagijimana had forecast economic…
