Ethiopia expects $1.7 bln in mostly Chinese investments
The Ethiopian finance ministry said that deals worth $1.7 billion by mostly Chinese firms operating in energy and minerals have been signed. The deals include […]
Business
Mali’s Gold Rush in the Crosshairs: Armed Groups Tighten Grip on Mining Hubs
The volatile goldfields of southern Mali have once again been thrust into chaos following a brazen double assault by an unidentified armed group in the […]
Central African Republic’s Economic Week Launched in Rabat
The economic promotion week of the Central African Republic (CAR) in Morocco was launched on Monday in Rabat, with a view to promoting the economic […]
Morocco’s Tanger Med Engineering to Transform Liberia’s Strategic Ports
The Liberian government has signed an agreement with Morocco’s Tanger Med Engineering to modernize the ports of Monrovia and Buchanan, positioning them as competitive regional […]
African Nations Struggle to Implement Import Substitution Policies
Several African nations are pursuing import substitution and national preference policies with mixed results, as statistics reveal a widening gap between ambitious rhetoric and economic […]
Egypt Embarks on $590 Million Hybrid Solar and Battery Storage Project
Egypt has commenced construction on the Obelisk solar project, a $590 million hybrid solar power and battery storage initiative led by Norwegian renewable energy firm […]
Mozambique Positions Itself as Regional Energy Hub with Landmark Deals
Mozambique has taken on May 8 a strategic leap toward solidifying its role as a pivotal energy player in Southern Africa by signing two landmark […]
Egypt-Greece Trade Dips Amid Global Headwinds, Investment and Remittance Flows Show Resilience
The bilateral trade volume between Egypt and Greece contracted to $1.6bn in 2024, reflecting a notable decline from $2bn the previous year, as confirmed by […]
Ghana Cracks Down on Suspected Gold Smuggling Syndicate Operated by Indian Nationals
Ghanaian authorities have arrested three Indian nationals suspected of orchestrating a long-running gold smuggling operation believed to have siphoned off significant quantities of the country’s […]
Nigeria Sees Surge in Non-Oil Exports as Diversification Push Gains Momentum
In a sign of growing traction in Nigeria’s economic diversification agenda, the Nigeria Export Promotion Council (NEPC) has reported that the country’s non-oil exports reached […]