• Zambia urges South African firms to invest in public projects

    The South African government and banks have drafted a plan to support infrastructure projects in Zambia with an initial pledge of $1.2 billion.

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  • East African countries have become the investment haven in Africa

    With the giants of Africa, Nigeria and South Africa, faced with a crisis at home, East African countries are increasingly becoming a suitable alternative for foreign investors and large consumer companies. Both of Africa’s largest economies have experienced growth at below 2%, hit hard by fall in global commodity prices in 2016. While East African countries’ led by Ethiopia, Kenya, Tanzania and Rwanda have been enjoying growth rates not less than 5% since then.

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  • Korea to share technology with Africa

    Korean President Moon Jae-in has committed to sharing Korea’s technological and industrial experience with Africa and to help it compete in the 4th Industrial Revolution.

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  • Coca-Cola’s Africa distributor to invest $100m in Kenya

    Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 million in Kenya over the next five years to improve infrastructure and launch new products.

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  • Gateway for investment into Africa’s energy sector

    In the wake of Mauritius’ 50th anniversary of independence on 12 March, we reflect on what the country has to offer African energy investors in 2018.

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  • How Africa Is Building a $3 Trillion Free-Trade Future

    While the U.S. and China are trying to outdo each other with import tariffs and the U.K. wants to break away from the European Union, African leaders are working on a free-trade agreement that will cover a whole continent. 

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  • Telecom Egypt board approves US$90 million MENA Cable investment

    Telecom Egypt (TE) has secured permission from its board of directors for an investment of US$90 million towards its acquisition of Middle East and North Africa Submarine Cable (MENA Cable) system, a subsidiary of Orascom Telecom Media and Technology Holding S.A.E, two months after it revealed that it wished to channel part of the 2017 dividend into the project.

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  • UAE trader looking to expand into gold refining in Africa

    Privately held gold trader Sakthi Trading Group is planning to build two gold refineries in Africa and is looking for investors for the projects, company executives said on Tuesday.

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  • Africa Investment Hub launched in Zimbabwe

    Zimbabwe's business community on Friday launched the Africa and Investment Hub, a vehicle to boost trade and investment in the country.

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  • African FinTech Company Cellulant Raises $47.5 Million

    Cellulant a leading Pan-African digital payments service provider that prompts, collects, settles and reconciles payments in real time, has raised $47.5 million from a consortium of investors that include the Rise Fund, the impact fund run by private equity group TPG Growth, Endeavour Catalyst and Satya Capital, the private equity firm owned by Sudanese-British billionaire Mo Ibrahim.

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