Egypt remains Africa’s top investment destination – UNCTAD
Egypt has been named Africa's top destination for foreign investment for the second consecutive year, according to…
Browsing Tag
Mozambique
IMF approves $60m for Mozambique
The International Monetary Fund (IMF) has completed its Fourth Review under Mozambique’s Extended Credit Facility…
CR20 completes key Malawi railway bridge
China Railway 20th Bureau Group (CR20) has completed the longest bridge on the 72-km railway line from Marka, near…
S. Korea-Africa summit boosts economic collaboration
Nearly 50 deals and agreements have been inked during South Korea's inaugural summit with leaders from 48 African…
Zimbabwe approves Musk’s Starlink
Zimbabwe's telecommunications regulatory authority has approved Elon Musk's Starlink, the satellite arm of SpaceX,…
Vodacom’s profits dip 10.8% on Ethiopia startup costs
Vodacom Group reported a 10.8 per cent decline in full-year earnings on Monday, citing start-up losses in Ethiopia…
Infinity power leads 11 country for 5 GW BESS project by 2024
Infinity Power, the largest dedicated renewable energy provider in Africa, has declared that a unique consortium of…
Afreximbank, Hassan Allam sign facility agreement worth $200mln
Africa Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on…
U.N. security council rejects Russia’s resolution on Gaza
The U.N. Security Council on Monday rejected a Russian resolution that called for a ceasefire to end Israel-Hamas…
AfDB approves $11.7mln to fertilisers for African farmers
The African Development Bank’s (AfDB) board has approved on Tuesday a $11.7 million budgetary allocation to the…
