In addition to the Middle East and North Africa, the United Arab Emirates is becoming asignificant hub for trade and investment in South Asia, Central Asia and Sub-Saharan Africa.Large multinational companies attribute the UAE's attraction…
Africa is seeking funds from the business sector…
Climate finance projects are becoming an increasingly important resource for East African nations as they seek to improve the economic well-being of coastal communities, support biodiversity, and take climate-related action. A high-level political forum on…
As diesel prices rise, Nigerian businesses are turning…
Businesses in Africa's largest oil producer, Nigeria, are turning to solar enterprises for mini-grids and equipment as diesel prices have risen due to rising global oil prices. However, supply restrictions may hinder their capacity to…
Senegal Gets 121 Million-Euro Loan For Emergency Food…
The Board of Directors of the African Development Bank Group has approved a 121 million-Euro loan to Senegal, a country in West Africa, to implement an emergency agricultural program. The fund will help 850,000 small…
Zimbabwe Will Issue Gold Coins Amid High Inflation
Zimbabwe will begin to sell gold coins later this month to tame inflation, the country’s central bank announced this week. The inflation in Zimbabwe continues to send costs soaring for everything from fuel to groceries.…
For the first time in decades, Somalia has…
It has been decades since Somalia has been open to international business, but on Sunday, the government of Somalia made the announcement that it has awarded banking licenses to two foreign firms. The Somali Central…
Egypt Bulks Up Wheat Supplies With Biggest Purchase…
Egypt bulks up the most wheat in a tender with the biggest purchase in years amid the Russia-Ukraine war. Egypt is the world's largest wheat importer, and the supply is subject to price changes on…
Kenya Inks Deal With Saudi Arabia To Import…
Kenya has signed a memorandum of understanding (MoU) with Saudi Aramco, a Saudi Arabian Oil Company, to help import refined petroleum products at lower prices than the global rates amid high gas prices. The National…
Zimbabwe Plans To Hike The Interest Rate To…
Zimbabwe’s central bank plans to hike the interest rate, already the highest in the world, to 190% to control the soaring inflation. A member of the bank’s monetary policymaking committee (MPC) announced the news as…
UAE becomes the largest GCC investor in Africa
According to the report, which was based on a survey of 200 sub-Saharan African business executives, the UAE invested $1.2 billion in Sub-Saharan Africa during the previous five years, or 88% of all investments made…
Kenya Airways Signs Deal To Buy 40 Flying…
In the latest development, Kenya Airways has signed a deal with Eve Holding Inc to purchase 40 flying electric taxis. Kenya Airways will introduce these taxis through its subsidiary, Fahari Aviation. Brazilian company EVE UAM…
Sudan’s wheat harvest is in jeopardy of being…
The cash-strapped government of Sudan has broken its pledges to acquire the country's wheat harvest at more favorable prices, which has put the country's grain at risk of being wasted. Farmer Modawi Ahmed is one…
Stephen Ross believes that recession would drive employees…
If the US faces a recession, real-estate tycoon Stephen Ross told Bloomberg that employees may return to work out of fear of losing their jobs. "Employers have been cautious because they don't want to lose…
Business confidence index in South Africa drops to…
A South African business confidence index dropped in May, reaching its lowest level since September 2020 on various factors which include lower trade volumes, higher financing costs and power cuts. The business confidence index of…
South Africa eager to engage in bilateral cooperation…
A senior minister stated on Sunday that South Africa is more than willing to work with the CII India Business Forum (IBF) and appropriate local ministries to expand bilateral collaboration. He praised Indian enterprises for…
Tanzania has signed a natural gas agreement with…
Tanzania has signed a framework deal with Equinor of Norway and Shell of the United Kingdom, bringing them one step closer to breaking ground on a $30 billion liquefied natural gas export project (LNG). The…
South Africa is continent’s startup powerhouse, with the…
Disrupt Africa's datasets, skills, and networks are used in the South African Startup Ecosystem Study 2022, the company's 17th publication and second country-focused report, to detail what startups are doing in the country, who is…
Bilingual instruments that are reliable for intra-Africa business
Dr. Dare Arokoyo, until recently associate professor and provost of the School of Continuing Education at the Houndegbe North American University in Benin Republic, has written two books, or more appropriately, language communication manuals, for…
A step-by-step guide to buying a house in…
It should come as no surprise that buying a home is a lengthy process because it is one of the most substantial expenditures you will ever make. While it may appear intimidating at first, you…
