IFC eyes over $2.2bn investments in North Africa this year
The International Finance Corporation (IFC) plans to inject more than $2.2bn in new financing across North Africa this year, covering 10 countries including Egypt, according to Cheick-Oumar Sylla, Director for…
Business
Mahmoud Mohieldin: Africa’s share of global FDI does not exceed 6%
Dr Mahmoud Mohieldin, Chair of the African Advisory Council to the G-FAFS, said Africa continues to capture only a limited…
Takeda hosts regional summit in Cairo to improve care for rare hereditary angioedema
Takeda, a global biopharmaceutical company focused on patient care, said it has concluded the second Eurasia, Middle East and Africa…
Heat and Dust Are Cutting Solar Power Output Across Sub-Saharan Africa, Study Finds
Solar power systems across Sub-Saharan Africa are suffering significant efficiency losses due to extreme heat, heavy dust accumulation and weak…
Beyond the Chatbot: Backbase Report Charts Africa’s AI-Driven Financial Revolution
In the bustling fintech hubs of Nairobi and the hushed boardrooms of Casablanca, a new reality is setting in. For…
South Africa Faces Export Pressure as U.S. Considers New Tariff Regime
South Africa’s export sectors may face renewed strain if the United States implements broad import tariffs on African goods next…
African Energy Week 2025 opens in Cape Town
African Energy Week (AEW): Invest in African Energies 2025 has opened in Cape Town, bringing together industry experts and officials…
Brazil and South Africa sign new agreement in agriculture to boost food security
Brazil and South Africa have signed a Memorandum of Intent that marks a new stage in bilateral agricultural cooperation, with…
Casablanca to host 5th Africa Financial Summit in November
Casablanca will host the fifth edition of the Africa Financial Summit (AFIS) on November 3 and 4, an event that…
Ethiopia, WTO Hold Talks on Accession Progress
Ethiopia has reiterated its commitment to advancing accession into the World Trade Organization (WTO), with officials signaling renewed momentum in…
PM Abiy Visits $110m Toyo Solar Plant in Hawassa Special Economic Zone
Prime Minister Abiy Ahmed has paid a visit to Toyo Solar in the Hawassa Special Economic Zone (SEZ), where he…
US Firm to Enrich Uranium at South Africa’s Pelindaba Nuclear Facility
An American isotope company listed on Nasdaq, Isotope Technologies USA (ISP), has announced plans to begin uranium enrichment operations at…
Ethiopian Airlines, AfDB Sign $10bn Bishoftu Mega-Airport Deal to Boost Africa’s Aviation Hub Ambitions
Ethiopian Airlines and the African Development Bank (AfDB) have signed a landmark $10 billion financing agreement to build a state-of-the-art…
