Thursday, March 19, 2026

Business

Mubasher Capital to Launch US Dollar Fund Investing in Egyptian Treasury Bills

Mubasher Capital is set to launch a US dollar-denominated fixed income fund, investing in Egyptian treasury bills beginning March 8, 2026. Stay informed about this exciting financial opportunity and its potential impact on the market. Source: Africazine.

Federal Executive Council approves exit benefit scheme for retiring civil servants

The Federal Executive Council (FEC) has approved a new exit benefit scheme that provides retiring federal civil servants with a gratuity equivalent to 100% of their total salary. This initiative aims to enhance the financial support for retirees. Source: Africazine.

FNB Reports Double-Digit Profit Growth in South Africa for 2025

FNB announces impressive financial results for the six-month period ending in 2025, showcasing double-digit profit growth in South Africa. Discover more about this remarkable achievement in banking performance, as reported by Africazine.

MultiChoice announces plans to shut down Showmax streaming service

MultiChoice, the parent company of DStv and GOtv, is set to shut down Showmax after more than a decade of operation. Stay informed about this major news in the entertainment industry. Source: Africazine.

Ruth Odinga Appoints Kevin Ogutu as Press Secretary in Kisumu County

Kisumu County Woman Representative, Ms. Ruth Odinga, has appointed Kevin Ogutu as the new Press Secretary and Head of Strategic Communications. This key decision aims to enhance communication strategies within the Kisumu office. Source: Africazine.

EBRD Grants €13.7 Million Loan to Alumil Misr for Expansion

The European Bank for Reconstruction and Development (EBRD) has awarded a €13.7 million loan to Alumil Misr, the Egyptian branch of Greece's ALUMIL, to support its expansion efforts. Source: Africazine.

MTC launches project to equip Namibian youth with business skills

MTC introduces the MTC 4 Life 2026 project to empower young Namibians with essential practical skills and support for small business development, targeting 30 youth from the ÇKharas region. Source: Africazine.

Mauritania and Côte d’Ivoire Discuss Strengthening Fisheries Cooperation

On March 4 in Nouakchott, Minister of Fisheries, Maritime, and Port Infrastructures, Mr. Mokhtar Ahmed Bousseif, met with Minister of Animal and Fisheries Resources, Mr. Sidi Tiemoko Touré. The discussion focused on enhancing collaboration in fisheries management. Stay updated with Africazine for more insights into this important meeting.