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Africa News
AKSAL Group plans to launch 4 shopping centres with $969mln
AKSAL Group, which specialises in the retail sector, plans to launch four new shopping centres in the next three…
Egypt star Mohamed Ramadan participates in AFCON’s official song
Confederation of African Football (CFA) has released on Monday the official song ‘Akwaba’ of African Cup of Nations…
Infinity Power targets 10 GW of renewable energy by 2030
Africa’s largest pureplay renewable energy company, Infinity Power, is targeting 10 Gigawatt (GW) of operational…
Dubai-based DP World to invest $250mln to modernise port in Tanzania
Tanzania's government signed a controversial port management deal with Dubai-based DP World to operate and upgrade…
South Africa could raise $60bn for green energy transition
South Africa might be able to collect roughly 1.13 trillion rand ($60 billion) over the next five years to finance…
African Union chief charges Israel of war crimes in Gaza
The African Union chief Moussa Faki Mahamat accused Israel of a "war crime" following a strike on a Gaza hospital…
IFC, OCP Group launch $800m agri-finance platform
The International Finance Corporation (IFC) and Moroccan fertilizer giant, Office Chérifien des Phosphates (OCP…
IMF ‘hopeful’ Zambia to unveil debt deal with creditors before Oct. 12
The International Monetary Fund (IMF) is “hopeful” that Zambia and its official creditors would unveil a finalised…
IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs
The IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the first gatherings…
Egypt ranked first in Africa hotel investments – survey
Egypt was ranked first in a survey about the African countries with the highest number of new hotel investments,…