FeaturedTechnologyEgypt to develop indigenous e-vehicles in a bid to switch to clean energyIFM CorrespondentNovember 15, 2021 by IFM CorrespondentNovember 15, 2021 Egyptian authorities signed an agreement with a private sector company... Read more
FeaturedPorts and ShippingDP World launches its global wholesale e-commerce platform DUBUY.com in KenyaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 The launch in Kenya marks the six-month milestone since DUBUY.com first began trading operations in Rwanda... Read more
FeaturedTechnologySouth Africa-based tech startup Adbot raises $500k funding to access new marketsIFM CorrespondentNovember 10, 2021November 10, 2021 by IFM CorrespondentNovember 10, 2021November 10, 2021 Adbot provides online advertising solutions for African small and medium-sized businesses... Read more
FeaturedIslamic BankingNigeria to issue $610 mn sovereign sukuk on its domestic marketIFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 The fund is being raised to finance road projects, according to the Debt Management Office... Read more
CurrencyFeaturedNigeria launches Africa’s first digital currency after banning crypto exchangesIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 The e-Naira could potentially boost Nigeria's GDP by $29 bn over the next decade... Read more
FeaturedTechnologyThe Africa Blockchain Centre raises funds to boost blockchain adoption in AfricaIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 It will focus on six African markets which are 6 Africa markets of Tanzania, Kenya, Nigeria, Zambia, Uganda, and South Africa... Read more
EconomyFeaturedChanges in policy framework key to transforming recovery in MENA: IMFIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 While several countries in the region have made significant strides, but the progress has been inconsistent... Read more
FeaturedPorts and ShippingDP World, CDC Group pledge $1.7 bn to develop ports in AfricaIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 DP World will invest around $1 bn in Dakar in Senegal, Ain Sokhna in Egypt, and Berbera... Read more
FeaturedHealthcareGhanaian healthtech mPharma to open 100 virtual centres across AfricaIFM CorrespondentOctober 12, 2021 by IFM CorrespondentOctober 12, 2021 mPharma provides about 10,000 physician consultations to patients through its network of pharmacies... Read more
EnergyFeaturedEU to allocate $65 mn to boost Nigeria’s electricity sectorIFM CorrespondentOctober 8, 2021 by IFM CorrespondentOctober 8, 2021 The EU is collaborating with Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit... Read more