• Dell EMC’s business size in Egypt $100m

    The business size off Dell EMC in Egypt reached $100m. The company is establishing seven subsidiaries of Dell Technologies, after the merger with EMC in September. The deal—financed by eight international banks—was valued at $67bn, making it the largest deal in the history of the communications and information technology (CIT) sector.

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  • New Gas and Condensates Discovery Offshore Libya

    Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya.

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  • Tourism boosting Malawi’s economy

    The Ministry of Industry, Trade and Tourism has said that tourism is key to Malawi’s economic growth since it has been contributing to Gross Domestic Product (GDP) and creating jobs.

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  • Rwanda Eyes Over U.S.$100 Million Investments From Morocco

    Rwanda is expecting more than $100 million in investments from Morocco. Acting head of investment promotion at the Rwanda Development Board (RDB) Winifred Ngangure Kabega said at a press conference Monday that the money would be invested in different sectors of the economy including tourism, energy and infrastructure.

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  • Big Bang ERP Opens Their First International Office in The Heart of Ebene CyberCity

    Big Bang ERP, a Canadian-based cloud solution consulting firm opens their first international office in Mauritius to better meet the demands of their clients around the globe. A 4-Star NetSuite Solution Provider, Big Bang ERP also specializes in Salesforce, Rootstock, ServiceNow and other industry specific softwares to tailor scalable solutions for every industry.

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  • Many investors have shown interest in the Batoka Gorge Hydro Electric Power Project

    Minister of Finance Felix Mutati says many investors have shown interest to invest in the Batoka Gorge Hydro Electric Power Project.

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  • Africa wants Indian companies to invest in power, infrastructure

    AfDB has asked Indian companies to invest in African power, infrastructure and farming sectors as it wants strong engagement with the country in terms of doing business in Africa. 

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  • East African assets attract private equity interest

    The expected sale of east Africa’s largest chain of coffee shops is being regarded as a bellwether deal to measure international private equity groups’ interest in the region.

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  • Malawi hunting for new markets

    Malawi is expected to promote its agricultural products in the Middle East through the Agra Middle East (AgraME) Dubai International Convention and Exhibition to be held next month.

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  • Norfund Invests in a Beef Exporter in Ethiopia

    The Norwegian Investment Fund for Developing Countries (Norfund) today announces an investment of USD 7.4 million in Verde Beef Processing PLC, an Ethiopian beef producer.

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