Tesla has revived its standard-range Model S with a $10,000 price cut. But it also comes with about 80 miles less battery range. Tesla has trimmed the prices of its two most expensive electric vehicles — but the savings come with a hitch. On Monday, the automaker began offering a “standard-range” Model S with a …
Mauritius takes the top spot in Africa, boasting 3.8% GDP growth and $10,500 GDP per capita. South Africa secures the second spot with 1.3% GDP growth, $6,200 GDP per capita, and a population of 55.4 million. Morocco shines in third place with 4.1% GDP growth, $3,000 GDP per capita, and a sizeable population of 34.3 …
best African countries for business:by Forbes rankings Read More »
North Africa is entering a phase of maturity, and fueled by a digitally adept consumer demographic showing a strong inclination towards online retail, the e-commerce sector is poised for a surge across the region. In recent times, North Africa has attracted substantial investor attention due to certain compelling factors. With a sizable, youthful population, increased …
10 startups transforming commerce in North Africa Read More »
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have signed a $500 million deal to supply Egypt with wheat, a statement said on Monday. The five-year agreement, worth $100 million per year, will provide Egypt with imported milling wheat “at competitive prices”. Egypt, a major buyer of basic commodities, has been suffering …
Abu Dhabi fund sign $500 mln deal to supply wheat to Egypt Read More »
Port Luis: AFRiCAS, News Desk A committee under the chairmanship of the Prime Minister of Mauritius, Pravind Kumar Jugnauth, met on Tuesday 2 May at the New Treasury Building in Port-Louis to review and examine 16 projects from the private sector related to renewable energy. The projects will necessitate investments to the tune of Rs. …
Mauritius: USD 500m Investments to achieve 60% of renewable energy by 2030 Read More »
AFRICAS: Cairo, News Desk The African Private Capital Association (AVCA) announced the release of its 2022 Venture Capital in Africa Report. The anticipated report – which captures VC performance in Africa by deal volume, value, and investment stage – indicates the industry’s resilience during global uncertainty. Emerging from a year of robust VC activity, private …
AVCA Report: Investor confidence in Venture capital in Africa stays strong Read More »
UAE: Africas, News Desk Darwinbox, the fastest-growing HR tech unicorn, today announced a collaboration with Microsoft to empower organizations globally and across the MENA with the right tools to succeed in the evolving world of work. The collaboration will include deep integrations between Darwinbox and the Microsoft product ecosystem, and co-innovation on solutions to enhance …
Darwinbox and Microsoft in collaboration to redefine the future of work Read More »
AFRICAS News Desk Although economies in Africa faced uncertainty in 2022 as economic and global shocks weighed on post-Covid-19 pandemic recovery, intraregional trade and climate finance initiatives are helping to chart a course towards more sustainable development. Mirroring global trends, growth across the region is expected to slow from 4.7% in 2021 to 3.6% in …
Africa’s Green Energy Push Gained Momentum In 2022 Read More »
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