• Harnessing mineral gains key for COMESA

    The Common Market for Eastern and Southern Africa (Comesa) secretary general Sindiso Ngwenya said the region holds the highest potential for minerals development in the continent and this potential should be sustainably harness existing 

    multinational trade agreements.

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  • Uganda to start Diaspora Investment Fund to boost industrialization

    Ministers of Industry from the 19 member states of the Common Market for Eastern and Southern Africa (COMESA) have unanimously approved a COMESA industrial strategy with emphasis on local content as the stimulus for industrial growth in the region.

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  • Private-Equity Firm Hunts Africa Diaspora for Deals

    EuroMena Funds, a Beirut-based private-equity firm that has raised $350 million since 2006, plans to almost double assets as it seeks investments in Lebanese-owned companies operating abroad.

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  • Mwabu concludes major investment in Africa

    Mwabu, an education technology company, has concluded a significant investment deal, securing 100% of the goal for its Series B investment round.

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  • Spur self-sustaining development of Africa via more Japanese investment

    The self-sustainable development of African countries by making use of funds and high-level technology from Japan should be facilitated. This kind of reciprocal relationship should be steadily expanded.

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  • Uganda to host Africa’s first Conservation and Tourism Investment Forum

    The event this October aims to raise vital funds to support and protect Uganda’s wildlife and landscapes long term. The Giants Club, the conservation initiative supported by the Independent and Evening Standard, today announced it would stage Africa’s first Conservation and Tourism Investment Forum on 6th October 2017.

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  • Egypt's currency float boosts foreign investment

    Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country floated its currency last November, the stock exchange's chairman Mohamed Omran said on Sunday.

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  • Malawi touted at Japan-Africa Business Forum as ideal investment destination

    Malawi has been touted as a country that has  enthusiasm for investment with Minister of Trade and Industry Henry Mussa appealing  during this year’s Africa-Japan Business Forum for equal financing on serious investments for African countries to boost economic growth.

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  • Abu Dhabi Ports in Talks for Africa Deal; Signs China Accord

    Abu Dhabi Ports is discussing a possible deal in Africa to take advantage of the continent’s growing trade with Asia, Chief Executive Officer Mohamed Juma Al Shamisi said, as the government-run terminal operator got a $300 million investment from China.

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  • Alibaba executive chairman creates $10M African youth entrepreneur fund

    Alibaba Group Executive Chairman Jack Ma is putting his money into Africa’s youth. On his first trip to Africa last week, Ma launched a $10 million African Young Entrepreneurs Fund at the YouthConnekt Africa Summit, co-hosted by the United Nations Conference on Trade and Development and the government of Rwanda. The fund is expected to be operational this year.

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