South Africa: Diamond dealer suspected of €200 million fraud arrested
Authorities in South Africa have arrested nine suspects involved in a major diamond investment scam, with over 200 million euros reportedly stolen since 2019. At […]
investment
Egypt: EGAS head highlights 11 new agreements in sector worth $925M during general assembly
Yassin Mohamed, Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS), announced on September 23 the signing of 11 new gas exploration and […]
Ghana prepares to open a new mega gold mine, the first in 11 years
Following the opening of the Forum on China-Africa Cooperation (Focac) on September 7, Ghana is poised to welcome a significant new gold mine, highlighting the […]
Mozambique received 8.9 billion euros in investments between 2019 and 2023
On Monday August 26, Mozambican President Filipe Nyusi announced that Mozambique is set to attract approximately 8.9 billion euros in investments from 2019 to 2023. […]
Zambia’s Free Education Policy Strains School Resources
Zambia’s implementation of free primary and secondary education has led to a surge in student enrollment, placing significant strain on the country’s educational infrastructure. While […]
Uganda: Salaam Bank Launches First Islamic Bank
In Uganda, Salaam Bank Limited, a unit of the Djibouti-based Salaam Group, commenced operations on Wednesday as the nation’s inaugural Islamic banking-compliant financial institution, as […]
As EU-Kenya inch closer to finalizing EPA, EAC regional bloc eyes new trade partnerships
Just as Kenya in inching closer to concluding a preferential trade deal with European Union, a similar deal between the East African Community’s (EAC) and […]
DRC and China renegotiate mining ‘contract of the century’, thus averting relationship rift
The Democratic Republic of Congo (DRC) government has noted it had finally resolved the 16-year dispute over a controversial mining deal between it and China […]
TotalEnergies ready to invest six billion dollars in Nigeria
TotalEnergies CEO Patrick Pouyanné met Nigerian President Bola Ahmed Tinubu on Monday. The French giant said it was ready to invest “six billion dollars over […]
Angola inaugurates second phase of 39ME gas project in Soyo
Sonangol inaugurated Thursday December 14 the second phase of the Falcão project, an investment of 42.8 million dollars (38.9 million euros) that will supply gas […]