AFRICAN & MIDDLE EAST NEWS
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Uganda’s sugar exports decline by US$29.2m in three years due to dwindling export market
UGANDA – Uganda exported sugar worth US$83.39m in the year ended November 2020, a decline from US$95.3m earned in the same period in 2019 and…
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Capital Market Authority of Kenya gives BOC more time to assess US$11.2m takeover by Carbacid
KENYA – The Board of BOC Kenya, manufacturer of industrial, medical and special gases, has received a nod from the Capital Market Authority (CMA) to…
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Moroccan B2B e-commerce startup Chari.ma planning expansion after strong growth in Casablanca
MOROCCO – Chari.ma, a Moroccan B2B e-commerce platform that fashions retailers with suppliers is seeking an investment to enable it expand both at home and…
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Nigeria still depends on food imports despite border closures, halting forex provision
NIGERIA – The Nigerian government spent N1.85 trillion (US$4.85m) on food imports in the first nine months of 2020, a 62% increase from the corresponding…
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ABC Fund supports cocoa farming in Ivory Coast issuing financing ahead of 2020/2021 season
IVORY COAST – The Agri-Business Capital (ABC) Fund managed by Bamboo capital, has issued loan financing to two cocoa cooperatives in Ivory Coast to enable…