Most Recent World News

Moroccan Airports Authority partners with National Aviation Services to launch e-gates at Pearl Lounge

The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services (NAS) to launch the first electronic gates (E-gates) at the Pearl Lounge in the Marrakech Menara Airport departures area..

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Qatar Petroleum marks its first entry into the Republic of Mozambique

Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the.

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Growing Trade in Africa

Developing countries need trade to assist them boost development and reduce poverty. This can be achieved through enhanced investment opportunities and the widening of the private sector base. Trade creates.

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Kenya launches new currency coins

President Uhuru Kenyatta has called on banks to find new innovative ways of supporting the growth of Small and Medium Enterprises (SMEs) in the country. The President spoke at the.

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African Development Bank delivers strong development results in Egypt

The African Development Bank (AfDB) has published the ‘Country Results Brief’ on Egypt. The report, which looks at Egypt’s economic situation, puts a spotlight on Bank’s investments in the energy,.

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Ecobank appoints MFS Africa as digital payment partner

Pan-African bank Ecobank has appointed MFS Africa as digital payment partner enabling cross-platform payment services for Ecobank account holders. The partnership allows Ecobank customers to send and receive money to.

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Egypt says Zohr gas field output to hit 3 bln cubic feet/day by 2019

Egypt said on Wednesday that production from its giant Zohr offshore gas field is expected to exceed 3 billion cubic feet per day by 2019. Egypt aims to be a.

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EU announces €125 million funding for the Sahel region

The EU has announced new funding totaling €125 million for the Sahel countries. The fresh injection of €125 million will be used for the swift launch of new initiatives, which.

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Afreximbank, Heirs Holdings sign $600 million financing agreement to scale energy investments

African Export-Import Bank, Afreximbank, has signed financing facilities totaling $600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company, further driving its mandate to facilitate the growth.

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Bongani Investment group invests €3.5 million in ornamental rocks

At least 3.5 million euros have been invested by the Alaturca Pedras Naturais plant, a company belonging to the Bongani Investment group, in the second line of cutting and polishing.

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