Morocco, first destination for direct foreign investments in Africa
Morocco has been ranked as the first destination of foreign direct investments on the African continent in the 2018 Africa Investment Index (AII) released by […]
investment
Africa: Mauritius attracts 90% of India’s foreign direct investment
The Indian think tank group, Observer Research Foundation, in a research note published on February 21 revealed that one single country has collected 90% of […]
South Africa expects investments from BRICS countries
South Africa’s energy minister David Mahlobo on Tuesday told parliament that the government is looking to its BRICS partners to help build a new 400,000 […]
Africa’s intra-trade reaches 13% – UNECA
Trade among African countries accounts for only 13% of the continent’s overall trade, the United Nations Economic Commission for Africa said on Wednesday. The commission […]
Uganda eyes up to $20 bln oil sector investment by 2020
Uganda’s petroleum authority on Tuesday said it expect investments of $15 billion to $20 billion in its oil industry in the next three to four […]
Sub-Saharan Africa to record slow growth – WB’s Africa Pulse report
Sub-Saharan Africa’s economy is growing more slowly this year than expected, the World Bank said on Wednesday. According to the Bretton Wood institution’s Africa Pulse […]
Egypt slashes industrial licensing approval time from 600 to 30 days
Egypt on Sunday issued executive regulations for its Industrial Permits Act, making it a law to slash bureaucracy and decrease the waiting time for new […]
Algeria eyeing renewable energy, Minister Guitouni
Algeria’s energy minister Mustapha Guitouni stated that they have to “use technology at the optimum level to get better returns” of their oil and gas […]
Sweden grants $1.35 million to Zimbabwe, warns to track funds
Swedish government on Wednesday offered a $1.35 million grant to Zimbabwe, to help the drought-hit Southern African nation to boost its Culture Fund. Addressing government […]
Germany pushes for private investment in Africa
The German government is moving to boost private investment in Africa, Finance Minister, Wolfgang Schaeuble, told reporters in Washington during the Global Infrastructure Forum. According […]