Tag Archive
Ethiopia: Town Licenses 216 Investors With Over 30 Bln Birr
[Ethiopian Herald] Working on becoming investment hub
Africa: America Can’t Be First If Africa Is Always Put Last
[allAfrica] With Africa hardly top of mind in Washington right now, it is easy to overlook the vital discussions taking place this week between the Biden-Harris administration’s foreign policy, economic and trade A-team and their African counterparts. …
Mozambique: Nyusi Encourages Arab Businesses to Boost Investment
[AIM] Maputo — Mozambican President Filipe Nyusi has encouraged Arab businesses to strengthen their investment in the country, taking into account that economic cooperation must bring mutual benefits that consolidate respect and prosperity.
Nigeria: FG Raises N4.35tn From Bond Market As Investors’ Appetite for Long-Term Investment Soar
[This Day] Kayode Tokede
Nigeria: Dangote, NNPC Row Creating Wrong Signal to Investors – Adesina, Otedola
[Leadership] President of the African Development Bank (AfDB), Dr Akinwumi Adesina has said the rift between Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited is sending a wrong signal to global investors about the investing c…
Ghana: Ghana Requires $12bn Investment Over Next 3 Years to Drive Economic Growth – Finance Minister
[Ghanaian Times] Ghana will need $12 billion in the next three years to invest in the economy to promote the growth of the country, the Finance Minister, Dr Mohammed Amin Adam, has disclosed.
Nigeria: EFCC Arraigns Forex Broker for Alleged N2bn Investment Scam
[This Day] Uyo — The Economic and Financial Crimes Commission, EFCC, has arraigned one Rufus John Isip, who claims to be a forex broker, before a Federal High Court sitting in Uyo, the Akwa Ibom State capital.
South Africa: African Development Bank Approves ZAR 18.85 Billion ($1 Billion) Corporate Loan for Transnet’s Business Recovery Plan
[African Development Bank (AfDB)] The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans.
Nigeria: Dangote Halts Plans to Invest in Nigeria’s Steel Industry
[Premium Times] Mr Dangote said the company’s board decided against the steel investment to avoid the accusations of being called monopolistic.
Kenya: China’s Direct Investment in Kenya Drops Sharply
[VOA] Nairobi, Kenya — A report by Kenya’s National Bureau of Statistics shows a significant drop in direct investment from China. The report says Beijing’s investments in Kenya fell by more than a third over the last three years. Analysts say China i…