Egypt tops the list in dealing with startups among MENA countries
(2 minutes read)
Egypt topped the list of Middle East and North Africa (MENA) countries that sealed deals with startup companies last year, according to...
Egypt’s foreign exchange reserves at US$34 billion
(3 minutes read)
According to the Central Bank of Egypt, the country’s net international reserves (foreign reserves) increased by US$127.9 million in February 2023 to...
Rwanda’s second phase of the Manufacture and Build to Recover Programme to boost private...
(2 minutes read)
The Rwandan Government recently announced the second phase of the Manufacture and Build to Recover Programme. The program aims to fast-track private...
Ethiopian Government seeks investment in drone technology.
In a statement by the Ethiopian Civil Aviation Authority (ECAA), the Ethiopian government has invited investments in drone technology, services, and aerospace manufacturing. ECCA...
South African scholar takes charge as rector of the United Nations University
(2 minutes read)
Prof. Tshilidzi Marwala, an eminent South African engineering, and artificial intelligence scholar has taken charge as the seventh rector of the United...
Tanzania promotes processing of locally grown cashews
(2 minutes read)
The Tanzanian government is looking at processing 60 percent of the locally grown cashews by 2025-26 season. Towards achieving this objective, the...
Swiss-Tanzania bilateral chamber of commerce set up
(3 minutes read)
Switzerland State Secretary for Economic Affairs Helene Artieda said the newly set up Swiss -Tanzania Chamber of Commerce (STCC) could serve as...
Tesla to buy batteries manufactured by Magnis Energy Technologies of Tanzania
(3 minutes read)
Magnis Energy Technologies Limited, which is listed on the Australian Securities Exchange, has fully acquired Uranex and MTT for an undisclosed amount....
Kenya’s foreign exchange critically low
(3 minutes read)
Kenya’s foreign exchange reserves dropped to a nearly 10-year low, creating consternation among people, businesses, and authorities. Presently, the reserves are enough...
Ugandan energy projects: Some say yes; others sharpen criticism
(3 minutes read)
Villagers in Uganda are divided on the impact of the French energy giant TotalEnergies’ controversial Tilenga oil field project. With the implementation...
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