Business Affairss

The National Petroleum, Gas and Biofuels Agency (ANPG) launched, this Friday, the process for the award of oil exploration concessions dubbed 'Tender 2023', for the exploration of oil in the onshore basins of the Lower Congo, in Zaire Province, and...

Morocco will procure a total of 2.5 million tonnes of soft wheat from France at the end of the marketing campaign which will end in June 2024. The announced stock would then account for almost half of the imports made by the North African country ...

Zambia has officially started negotiations with its Eurobond holders on the restructuring of more than $3 billion of debt. The move comes after the completion of negotiations with official creditors, who plan to sign a memorandum of understanding ...

Organized with the support of the Ministry of European and Foreign Affairs and the Ministry of Culture, in partnership with the Agence Française de Développement (AFD), Business France, the Banque Publique d'Investissement (Bpifrance) and the Inst...

The Arab Bank for Economic Development in Africa (BADEA) has awarded a grant of 10 billion CFA francs to Togo to support its small and medium-sized enterprises (SMEs). This envelope is accompanied by a second financing of 200 million FCFA, intende...

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...

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...

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 ...