Category: African Business
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Top 10: Sustainable Banks
Fintech and panafrican.email takes a look at the top 10 most sustainable banks globally, highlighting their sustainable banking practices and initiatives Banks have the potential to play a pivotal role in promoting sustainability through their lending, investment, and governance practices. By prioritising environmentally and socially responsible projects, banks can drive significant positive change in various…
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Kenitra-Marrakech High-Speed Rail Line: Egis Rail’s Franco-Moroccan Trio Win Contract
France’s Egis Rail has won the tender for the project to extend the Kenitra-Marrakech high-speed rail line, a landmark initiative set to revolutionize rail transport in Morocco. Project Scope and Significance The Kenitra-Marrakech high-speed rail extension represents a significant advancement in Morocco’s infrastructure development, aimed at enhancing connectivity and economic growth. The project will see…
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Between Wagner and Bancroft: Touadéra’s Tricky Security Situation
In the hope of reducing Moscow’s influence, Faustin-Archange Touadéra is seeking to renew ties with Western partners. This delicate diplomatic shift has resulted in an agreement with the US private military company Bancroft, the details of which Africa Intelligence can now reveal. A New Security Partnership The Central African Republic (CAR) has long relied on…
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Police find the bodies of 4 men, including a policeman, shot to death near resort outside Cancun
Police on Mexico’s Caribbean coast said Friday they have found the bodies of four men, including a policeman, shot to death near a resort just south of Cancun. The victims all had apparently been shot in the head and were found dumped near the highway leading out of Cancun. A former Cancun police officer was…
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Biggest Losers of the Day:
Crypto:Bitcoin: -15.91%ETH: -23.16%SOL: -21.22%BNB: -19.51%LINK: -27.87% Memecoins:BILLY: -45.59%MUMU: -43.83%MANEKI: -40.96%POPCAT: -40.19% Stocks:INTC: -26.97%TEAM: -17.76%SNBR: -17.39% Global Markets:Nikkei 225: -12.40%KOSPI: 8.77%Taiwan Stock Exchange: -8.35%FTSE 250: -4.14% BREAKING: Major trading platforms are reportedly experiencing outages. • Fidelity• E-Trade• Vanguard• TD Ameritrade• Charles Schwab
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Tanzania unveils over 6,000 job vacancies
The Tanzanian government has announced 6,257 job vacancies in the public sector, which could spark significant interest among job seekers and recent graduates. Key positions include procurement officers, drivers, accountants, community development officers, and more, spanning various fields. Applicants must submit applications by August 16 with thorough documentation, including educational and professional certificates. While many…
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Countries in the Middle East and Africa are withdrawing their gold reserves from the US – Houston Post
▪️ Growing concerns about the stability of the American economy are prompting governments in Africa and the Middle East to withdraw their gold reserves from the United States. The traditional status of the United States as a safe haven for finance is rapidly collapsing , statesthe American Houston Post ▪️ Among the countries that have…
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Ethiopia amasses over $27 billion following macroeconomic reform implementation
The money has been raised through debt relief, international aid, and partnerships, state media reported, citing Finance State Minister Eyob Tekalign. The comprehensive policy aims to foster sustainable growth and inclusive benefits for citizens. With ongoing reforms across agriculture, mining, and tourism, the country has not only alleviated its debt burden from 30% to 17%…
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Rumors on Selling Egypt’s Airports Spread on Social Media
Rumors spread on social media in Egypt amid claims that the country’s airports are being sold to foreign parties, prompting the cabinet to deny the reports on Saturday. In an official statement on its Facebook page, Egypt’s government stressed that the goal is to “offer the management and operation of airports to the private sector.”…
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Cameroon state oil firm says staff linked to Glencore bribes will face UK court
The head of Cameroon’s National Hydrocarbons Corporation (SNH) has said some managers and employees will appear before a UK court over suspected involvement in bribery offences linked to Swiss commodity trader Glencore (GLEN.L). Adolphe Moudiki, SNH’s administrator and director general, had previously denied staff involvement but late on Friday issued a statement saying some employees…
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