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magazine

Economy

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Samsung receives federal funding totaling $6.4 billion to produce computer chips in Texas.
16 Apr
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Samsung receives federal funding totaling $6.4 billion to produce computer chips in Texas.

An agreement has been reached by the Biden administration to give Samsung
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Tanzania promises to develop cooperation with China
16 Apr
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Tanzania promises to develop cooperation with China

Tanzania has promised to develop more cooperation with China if it is
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Naira Maintains Gaining Strength Against Dollar, Reaching 7-Month High, and Ending at N1000/$1 on the Parallel Market
16 Apr
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Naira Maintains Gaining Strength Against Dollar, Reaching 7-Month High, and Ending at N1000/$1 on the Parallel Market

The parallel market saw the naira appreciate against the dollar for the
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To reduce unemployment in the DRC, President Tshisekedi targets mining industries
15 Apr
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To reduce unemployment in the DRC, President Tshisekedi targets mining industries

Félix Tshisekedi, the president of the Democratic Republic of the Congo, has
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Ghana’s efforts to reach a debt agreement with bondholders are thwarted by IMF objections
15 Apr
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Ghana’s efforts to reach a debt agreement with bondholders are thwarted by IMF objections

Ghana’s attempt to reach an agreement with a consortium of foreign bondholders
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Tanzanian bank claims a rise in DRC adoption
14 Apr
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Tanzanian bank claims a rise in DRC adoption

After registering deposits of 2.5 billion Congolese Francs ($900,000) against an assets
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Amidst economic challenges, Zimbabwe’s new currency confronts obstacles
14 Apr
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Amidst economic challenges, Zimbabwe’s new currency confronts obstacles

Amidst a severe drought, mounting foreign debt, and two decades of international
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Kenya seeks a World Bank loan to pay off its Eurobond debt
14 Apr
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Kenya seeks a World Bank loan to pay off its Eurobond debt

Kenya wants to utilize a portion of the $1 billion loan proceeds
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Arrested in Uganda is a former Equity executive connected to bank fraud
13 Apr
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Arrested in Uganda is a former Equity executive connected to bank fraud

Kenneth Onyango, the former Executive Director for Commercial Banking at Equity Bank
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Investors in Tanzania, China Met Online
13 Apr
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Investors in Tanzania, China Met Online

The Investment Center in India (TIC) has organized the first online conference
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