Morocco said on Monday that a $10 billion project to build a new industrial and technology hub near the northern city of Tangiers will be financed by Chinese group Haite, BMCE's Bank of Africa, and the Moroccan government.
The G20 finance ministers met last week in Germany to discuss critical challenges facing the global economy, from climate change to migration to humanitarian emergencies like the unfolding famine in parts of Sub-Saharan Africa and the Middle East.
Chief executive Officers of the largest African and international companies, political decision makers from more than 40 African countries and the most active bankers and investors on the continent are attending the the 5th edition of the Africa CEO Forum
Zimbabwe's central bank has printed half of the 'bond notes' quasi-currency it intends to issue under a $200 million scheme, a state newspaper reported on Friday, as the country grapples with a biting shortage of U.S. dollars.
The Kenyan unit of U.S. ride-hailing firm Uber Technologies Inc has increased its fare by 20 percent, a move that follows protests and strikes by Uber drivers who said a lower fare made their service uneconomical.
