Business Affairss

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...

Supermarket Customers To Enjoy Reduced Prices Following Ease In Inflation

Naivas Chief of Strategy Andreas Von Paleske has affirmed that Kenyans will soon enjoy a reduction in prices on supermarket shelves following a decrease in import inflation. The Chief of Strategy said inflation has affected customers and supermar...

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...

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...

US disburses around 2 million dollars to fight COVID-19 in Angola

Over the last three years, the United States government has disbursed around two million dollars to support the Republic of Angola in preventing and fighting the COVID-19 pandemic. Among other things, the money has been used to buy materials to su...

Kuria Roots For Industrialisation In Counties

Outgoing Trade, Investments, and Industry Cabinet Secretary (CS) Moses Kuria has challenged county governments to prioritise industrial production as a way of promoting the local economies. Kuria said governors should set targets for production a...

Namibia records N.dollars 7.4 billion worth of goods exported in August

Namibia exported goods valued at N.dollars 7.4 billion and imported goods worth N.dollars 12.3 billion in August 2023, resulting in a trade deficit of N.dollars of 4.9 billion. This is according to the Namibia Merchandise Trade Statistics bulletin...

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Security Measures Intensified in Kisumu as City Prepares for Festive Season.

KISUMU: A multi-sectoral committee has been established to enhance security in the lakeside city of Kisumu ahead of the Christmas festivities. Kisumu City Manager Abala Wanga stated that a committee comprising the National Police Service, County Gover...
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Ethiopia Pledges Leadership in Africa’s Digital Transformation Efforts.

Addis Ababa: Ethiopia is committed to playing a key role in building a vibrant and inclusive digital future for Africa, said Belete Molla, Ethiopia's Minister of Innovation and Technology. The Africa Internet Governance Forum, currently underway in Ad...

ICT PS Highlights Achievements and Future Plans for Digital Economy.

Nairobi: The National Treasury has engaged the public in unveiling the 2025/2026 - 2027/2028 Final Year and Medium-Term Budget, aiming to sensitize the populace on the milestones achieved and future projections of the government. During the second day...

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MEC Mireille Wenger establishes Provincial Budget and Governance Forum

Minister Wenger establishes Provincial Budget and Governance Forum for Mayoral Committee Members of Finance, with energy crisis top of agendaThe Minister of Finance and Economic Opportunities, Mireille Wenger, has established the Provincial Budget and ...

Cameroon Deploys Troops to Nigerian Border after Separatists, Herders Clash

Cameroon's government deployed at least 100 troops Wednesday to Gayama, a village on the border with Nigeria, after clashes between Cameroonian separatists and Nigerian herders left at least 12 people dead.Cameroonian officials say the fighting broke o...

Elgeyo Marakwet Implements Community Service Program to Rehabilitate Inmates

TAMBACH – Forty inmates from Tambach Prison in Elgeyo Marakwet County have been released to participate in a community service program, a pioneering initiative aimed at rehabilitating low-risk offenders while addressing prison overcrowding. This move ...