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investment

IFC to Expand Local-Currency Lending to Strengthen African Investment Landscape

November 4, 2025 Khalid Al Mouahidi 0

The International Finance Corporation announced plans on 3 November 2025 to scale up local-currency lending and direct investment across Africa, aiming to help businesses achieve […]

Namibia Unveils Five-Year Strategy to Align Diplomacy with Economic Growth

October 24, 2025 Steven Addamah 0

Namibia has launched a new five-year strategic plan (2025–2030) aimed at integrating foreign policy with trade and investment promotion to enhance the nation’s global economic […]

South Africa Deepens Ties with Indonesia Ahead of President Ramaphosa’s State Visit

October 22, 2025 Steven Addamah 0

South Africa is set to strengthen its longstanding diplomatic and economic partnership with Indonesia as President Cyril Ramaphosa embarks on a State Visit to Jakarta […]

Angola to Host US$100 Million Logistics Investment to Strengthen Regional Hub Status

October 20, 2025 Steven Addamah 0

A major logistics multinational has announced this week-end a US$100 million investment in Angola, focused on expanding freight capacity, enhancing transport infrastructure, and bolstering the […]

Türkiye-Africa Trade Hits $37 Billion in 2024, Sets Sights on $40 Billion Target for 2025

October 18, 2025 Geraldine Boechat 0

Trade between Türkiye and Africa reached a record $37 billion in 2024, with Ankara targeting $40 billion by 2025, according to Trade Minister Omer Bolat. […]

Uganda and Somalia Deepen Ties with New Cooperation Agreements

October 10, 2025 Steven Addamah 0

Uganda and Somalia have signed three new memoranda of understanding (MoUs) aimed at strengthening bilateral relations across key sectors including security, education, immigration, and labour. […]

Nigeria’s Rig Count Soars to 69 as NUPRC Records Major Milestones in Four Years

October 8, 2025 Steven Addamah 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a remarkable increase in the country’s rig count from eight in 2021 to 69, representing a […]

Côte d’Ivoire Grants 11 New Mining Permits to Boost Gold and Mineral Exploration

October 3, 2025 Steven Addamah 0

Côte d’Ivoire has awarded 11 new mining exploration permits to both local and international companies as part of its efforts to attract further investment and […]

Libya unveils 2025–2035 higher education strategy to foster global collaboration, Innovation

October 3, 2025 Geraldine Boechat 0

The Ministry of Higher Education and Scientific Research in Libya’s Government of National Unity has officially launched the National Strategy for Higher Education and Scientific […]

Uganda Projects 8% Annual Growth Ahead of Oil Production Boom

September 15, 2025 Steven Addamah 0

Uganda’s economy is forecast to expand by an average of 8% annually over the next five years, fuelled by anticipated oil production and heavy investments […]

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