Business Affairss

BFA’s net profit increased by 23.5% in the first half of 2023

BFA's net profit in the first half of 2023 increased by 23.5 per cent compared to 2022, reaching 83.0 billion kwanzas, ANGOP learnt today. The financial performance was the result of a 17.5 billion kwanza increase in Banking Income, as a result of...

Forest protection: Ardian and aDryada launch Averrrhoa Nature-Based Solutions

To fund projects to restore forests, wetlands and mangroves to sequester large amounts of carbon from the atmosphere via natural carbon sinks, Ardian and aDryada announce the launch of Averrrhoa Nature-Based Solutions, a strategy dedicated to larg...

Economic outlook in WAEMU: inflation rate forecast at 3% in 2024

According to the Central Bank of West African States, the inflation rate would be 4.4% in 2023, then 3.0% in 2024, compared to 7.4% in 2022. BCEAO's latest forecasts indicate a deceleration in the general price level over the coming period. This t...

Tourism in Morocco: revenues of $6.9 billion

Revenue from the tourism sector in Morocco reached 71.4 billion dirhams, or $6.9 billion, during the first eight months of 2023. Which represents an increase of 33% compared to the same period of 2022. country received 10.2 million visitors betwee...

UMOA-Titres: six countries mobilize 929,663 billion FCFA

The general directors of the treasury and public accounting of Guinea-Bissau, Mali, Burkina Faso, Togo, Senegal and Côte d'Ivoire mobilized 929,663 billion FCFA on the Financial Market of the Monetary Union West Africa (Umoa-Titres) The BCEAO shou...

Kenya Marks Customer Service Week

Public Service Principal Secretary PS Amos Gathecha, who represented Public Service, Gender, and Affirmative Action CS Aisha Jumwa, during celebrations to mark this year's Customer Service Week at the GPO Huduma Centre, Nairobi, on Wednesday, Octo...

Kenya-India Partnership To Boost Textile Industry

The government's quest to revive the textile industry has received a shot in the arm through business collaborations with Indian-based textile machinery and technological companies. The collaboration is being fostered through the ITME Africa and ...

Industrial Park In Meru To Uplift Livelihoods

Agricultural and trading activities in Ruiri rwa Reera Ward, Buuri Sub-County, and the entire Meru County are expected to thrive after the official launch of the construction of the County Aggregation and Industrial Park (CAIP) yesterday.The auspi...

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Bayer Leverkusen and Borussia Dortmund Secure Victories in Bundesliga Matches

Berlin: In a series of competitive matches in the German Bundesliga on Saturday, several teams faced significant defeats on their home grounds. Eintracht Frankfurt suffered a heavy loss against Bayer Leverkusen, finishing the match with a 4-1 defeat. ...
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Rare Tropical Cyclone Alfred Poised to Impact Northern New South Wales

Yangon: Authorities of the Australian state of New South Wales (NSW) on Sunday warned residents in northern NSW to prepare for damaging winds, large surf and heavy rainfall with Tropical Cyclone Alfred expected to cross the coast later this week. Ac...

Kenya Targets 10 Million Domestic Tourists in 2025 Amid Tourism Boom

Narok: The government is setting its sights on attracting 10 million domestic tourists this year, Tourism and Wildlife Cabinet Secretary (CS) Rebecca Miano has announced. With a thriving tourism sector, the Ministry plans to amplify local travel throu...

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SIU investigates corruption allegations in East London Industrial Development Zone

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