Markets
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Why PayPal is Laying Off its 2,000 Employees
PayPal announced on Tuesday it will lay off about 2,000 employees, or 9% of its total workforce, as part of…
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Air France Continues to Elevate Customer Experience with Persistent Excellence in Services and Innovation
Air France is strengthening its commitment to delivering top-notch service and connectivity across Africa. The company said it will continue…
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List of Dominating Pay-TV in Tanzania
Azam TV has made strides in Tanzania, challenging major Pay-TV industry players such as DStv, a company with a pan-African…
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Strong Economic Data Boosts Bullish Sentiment in Oil Markets
The stronger-than-expected performance of the US economy has boosted oil prices to their highest level this year, not many analysts…
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Ivory Coast Raises $8 Billion in Oversubscribed $2.6 Billion Bond Offering
Ivory Coast has made comeback to the international bond market, issuing its first dollar bonds since 2017 and managed to…
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Oil Losses Drag as Brent Crude Goes for $78 per barrel
An initial assessment of oil prices on Monday, Jan 22, revealed that the price of Brent crude was $78.47 per…
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Kenya overtakes Nigeria in Startup Funding with $800 Million Raised
Kenya surpassed Nigeria as the top destination for startup funding in Africa in 2023, with about $800 million raised by…
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Nigeria Grappling With Forex Shortage to Clear Backlog – Fitch
Fitch announced Thursday that the Central Bank of Nigeria (CBN) is still grappling with a foreign exchange shortage needed to…
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Cytonn Fails to Stop its 40-acre Land Takeover
The High Court has granted permission to the Official Receiver to assume control of a 40-acre land in Ruiru, Kiambu…
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China’s Total Export, Import Value Generally Stable in 2023: Official
China’s total import and export value had remained stable in general with an improving trading structure in 2023, said an…
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