Africa China

Africa urged to unlock $4 trillion in domestic capital for infrastructure boom

The Africa Finance Corporation (AFC) has called on African governments to tap into over $4 trillion in untapped domestic capital to bridge the continent’s widening infrastructure gap. In its 2025 State of Africa’s Infrastructure report, the AFC emphasized that pension funds, sovereign wealth funds, commercial banks, and reserves collectively hold the capital needed to transform […]

Crescent Petroleum ready to venture in Libya

Crescent petroleum, a United Arab Emirates based company is eyeing investments into Libya’s oil and gas sector. The company has no investments of such in Libya but it is no stranger to the sector because it is already active in Iraq and Egypt. The chief executive of the company, Majid Jafar told reporters at the […]

Egypt’s top companies complain about skill shortage as employment increases

Leading companies in Egypt are facing serious shortage of skills in the recruitment process, US-based online Nexford University has revealed in a report, Zawya reports. A survey conducted by the Washington institution that defines itself as a breeder of “leaders not followers”, shows that 78 percent of companies, including PWC, Pfizer and the National Bank […]