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The World Bank on Wednesday classified Mauritius as a High Income country while Tanzania and Benin are now considered Lower-middle income countries, classifications that are being celebrated in these African economies.

Morocco currently imports all of its infrared thermometers, but the new invention will allow institutions and companies to use locally-made temperature-monitoring equipment.

Twelve telecom companies have thrown their hat into the race to enter the Ethiopian market according to the country’s communications regulator. The bidders range from top players across the continent and a number of global players.

The last time the southern African country saw a similar steep rise in fuel prices, in January 2019, violent protests broke out, leaving as many as 17 people dead after a crackdown by the security forces.

The economic costs are already being felt in Tanzania, and even with additional policy actions to strengthen the health response and mitigate the economic effects, 2020 GDP growth will likely slow sharply. Tourism has halted, and exports of manufacturing and agricultural goods ha...

The World Bank Group has issued its “Doing Business” report for 2020, evaluating the regulations enhancing and constraining business activities in 190 countries.

Algeria is the second African destination for Moroccan-made face mask exports, Morocco’s Ministry of Industry revealed.As of June 8, Morocco exported 526,050 face masks to Algeria, or 2.85% of its total mask exports.

Moroccan telecommunications company Maroc Telecom (IAM) launched today, June 1, its first mobile money transfer application, “MT Cash,” available for download to all Moroccan citizens and residents.

Most of Tanzania’s horticulture produce is exported through Kenya's Jomo Kenyatta International Airport (JKIA). “If this tug of war continues, we’ll be the first to suffer as we still rely on JKIA and the port in Mombasa to export crops whose routes are not open from Tanzania,