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CBN Announces Sale of FX to BDCs to Meet Market Demand

July 18, 2024/CBN “Following the ongoing reforms in the Foreign Exchange Market. With the objective of achieving an appropriate market-determined exchange rate for the Naira, the Central Bank of Nigeria (CBN) has observed the continued distortions in the retail end of the market, which is feeding into the parallel market […]

South Africa: AfDB Approves ZAR 18.85Bn ($1Bn) Corporate Loan for Transnet’s Business Recovery Plan

In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa July 18, 2024/AfDB The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major […]

Deel is acquiring Hofy!

We’re bringing the best IT services and device lifecycle management in-house July 18, 2024 By Alex Bouaziz Deel CEO and Co-Founder Over the past few years, running a global HR function has become increasingly complex: HR leaders are expected to keep up with ever-changing local hiring and payroll laws, create […]