Business Affairss

ANPG launches tender for oil concessions

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…

Import: 2.5 million tonnes of wheat from France for Morocco

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 …

Togo: a subsidy of 10 billion CFA francs for SMEs

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…

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 …

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…

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…

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…