October 6, 2023

Kenya To Host Africa Development Bank Annual Meetings In 2024

Kenya and the Africa Development Bank (AfDB) have signed a Memorandum of Understanding (MoU) which will see the country host the Bank Group’s annual meetings in 2024.

National Treasury and Economic Planning Cabinet Secretary (CS) Prof. Njuguna Nd…

Bomet Food Store To Enhance Access To Markets

Post-harvest losses normally encountered by farmers in Bomet County will be a thing of the past following the planned establishment of aggregation food centre.

The aggregation centre, which is basically a modern food store, is set to be located a…

Tunisia: 6% increase in date production in 2023

In Tunisia, the date harvest totaled 360,000 tonnes in 2023. This volume shows an increase of 6% compared to the production of 340,000 tonnes recorded during the previous campaign and marks a new record for the sector. With this new performance, T…

Twitch: Nigeria targets 22% contribution to GDP by 2027

GDP by 2027. To achieve its objectives, the executive plans to increase investments in the telecoms sector by 15% year-on-year; increase the number of tech workers by training three million talents; increase funding for start-ups by $5 billion; ex…

External debts: Egypt must repay $29 billion in 2024

While the country’s external debt stocks reached $165.36 billion at the end of March 2023, Egypt will have to repay $29.23 billion in external debts in 2024. The country’s external debt service is then expected to decline to 19.43 billion in 2025 …

Mobile Money: Zambia to introduce transaction tax

The Zambian government will introduce a tax on mobile money transactions. The proposed tax only applies to person-to-person transactions. It ranges from 8 ngwee ($0.0038) to 1.80 kwacha ($0.085), depending on the value of the transaction. This pro…

Countries unite to protect coral reefs with $12 billion pledge

An alliance of nations said on Tuesday members would raise $12 billion to protect coral reefs from threats such as pollution and overfishing, but experts warned the funding would only be a drop in the ocean unless broader climate risks are address…