Tag: Business News
Business Africa
PayPal Tests Africa Strategy in Nigeria with $100 Million Fund After Shares Slump
PayPal Holdings Inc. is testing its Africa strategy with a $100 million fund aimed at investments, partnerships, and acquisitions in fintech startups, selecting Nigeria...
Business Africa
Tanzania to Sell Gold Reserves to Finance Infrastructure Projects
Tanzania plans to sell part of its gold reserves to help finance major infrastructure projects as external development funding becomes harder to secure, the...
Business Africa
South Africa’s Auto Sector Is Not Seeking Steep Import Duty Hikes, BMW CEO Says
South Africa’s automotive industry is not calling for sharp increases in vehicle import duties, despite growing concern over rising imports, BMW South Africa’s chief...
Business Africa
Uganda Says It Will Cut Budget Support by 84% in Next Financial Year
Uganda plans to cut external budget support by about 84% in the next financial year starting in July, sharply reducing its reliance on loans...
Business Africa
Gabon Powers Up 8.5 MW Gas-Fired Plant as Africa Leans on Gas for Electricity
Credit: globalenergyprize.org
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