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Africa News
AfDB calls for investment in SAPZs
Akinwumi Adesina, President of the African Development Bank (AfDB), called for investment in Special…
Egypt El Sewedy Electric unit plans $400 million industrial city in Tanzania
A subsidiary of El Sewedy Electric plans to set up a new industrial city in Tanzania with total expected…
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…