News

Nigeria : Metaverse ecosystem market to hit $2t by 2030
  • 27 July 2022
  • News

The value of metaverse-related market activity could hit $2 trillion in global revenues by2030, but there is a risk of developers missing out on lucrative opportunities if the ecosystem fails to imple...

Nigeria : Insecurity, aggressive revenue drive undermine Middle Belt, Niger Delta industrial zones
  • 27 July 2022
  • News

Prevailing challenges of insecurity in the Middle Belt region and aggressive revenue drive by governments in the Niger/Delta region have remained a clog in the performance wheel of industrial firms in...

Nigeria : Minister tasks industries, pharmacists on vaccine production
  • 27 July 2022
  • News

The Minister of State, Federal Ministry of Industry, Trade and Investment, Amb. Maryam Katagum has urged Nigerian pharmaceutical companies to utilise the licensing provision of the TRIPS Waivers Agree...

Nigeria : Group seeks inclusivity in PIA’s host communities’ fund
  • 27 July 2022
  • News

• Wants 30 per cent composition for womenNiger Delta Budget Monitoring Group (NDEBUMOG) has lamented the little impact or what is considered measurable infrastructural revival in the oil-producin...

Nigeria : AfCFTA secretariat commences pilot trading with seven countries
  • 27 July 2022
  • News

Seven countries, including Rwanda, Cameroun, Egypt, Ghana, Kenya, Mauritius and Tanzania have been selected among countries to start trading under the African Continental Free Trade Area (AfCFTA) fram...

Egypt : EGX ends mid-week session in green, market cap. gains LE5.45B
  • 27 July 2022
  • News

CAIRO –  26 July 2022: The Egyptian Exchange (EGX) ended Tuesday’s session in the green zone, adding around LE 5.45 billion to market capitalization, amid Egyptian and Arab purchases. The be...

Egypt ranks 4th in value of energy projects across Middle East, North Africa during 2022-2026: APICORP
  • 27 July 2022
  • News

CAIRO – 26 July 2022: Egypt comes in the fourth lace regarding the value of energy projects across the Middle East and North Africa (MENA) region during 2022-2026, Arab Petroleum Investments Corporati...

Egyptian-Indian trade exchange hit record of $7.26 billion in FY 2021-2022: Amb.
  • 27 July 2022
  • News

CAIRO – 26 July 2022: Trade exchange between Egypt and India hit a record of $7.26 billion in the fiscal year 2021-2022 up by 75 percent from the previous year, Indian Ambassador to Cairo Ajit Gupte h...

Egypt : Gap between exports, imports decreased to lowest levels in 7 years
  • 27 July 2022
  • News

CAIRO - 26 July 2022:The Cabinet media center asserted that trade balance improvement and increasing exports are strategic and national targets for the Egyptian state in light of the presence of integ...

Egypt aims to invest LE82.9B in agricultural sector during 2022-2023
  • 27 July 2022
  • News

CAIRO - 26 July 2022: Egypt’s Ministry of Planning aims to invest LE 82.9 billion =in the agricultural sector during the next fiscal year 2022/2023, compared to LE 62.9 billion expected in 21/2022, wi...

South Africans are planning to switch car brands – Toyota vs VW
  • 26 July 2022
  • News

South Africans love cars from Toyota, and many are planning to move to the brand when they buy their next vehicle.This was one of the findings from BusinessTech’s 2022 Readership Survey.BusinessTech i...

South Africa : Ramaphosa announces massive changes for new energy projects in South Africa
  • 26 July 2022
  • News

President Cyril Ramaphosa has announced that the government will introduce regulations to allow new generation energy projects to come online faster, on an urgent basis, for a limited time.Addressing...

South Africa : Big boost for electric vehicles in South Africa
  • 26 July 2022
  • News

The government has launched a new project to upskill engineering students to make the shift toward new electronic vehicles amid a $1.8 million (R30 million) pledge by the UK.The project, called ‘Yakh’...

Nigeria : More disruptions in local aviation as fuel, forex crises bite harder
  • 26 July 2022
  • News

• Airfares Spike, Route Network Shrink Over Low Fleet Capacity• Sell What You Buy, Stakeholders Tell OperatorsWith aviation fuel at its all-time high and foreign exchange unavailable to meet obligatio...

Nigeria : IMF, FRC discuss technical assistance needs for 2023-2024 work plan
  • 26 July 2022
  • News

A delegation of the International Monetary Fund (IMF) mission to Nigeria led by the Director, Second African Regional Technical Assistance Centre in West Africa (AFRITAC West 2), Eva Jenkner, las week...

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