Ibrahim-Jadhran

ADB urges Japanese companies to invest more for ‘promising returns’ in Africa

There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa, as a delegation from the African Development Bank Group (ADB) found during its recent 5-day visit to Japan. Led by ADB President Akinwumi Adesina, the high-powered delegation aimed to showcase the enormous investment opportunities on the […]

Africa’s FDI in 2023 led by mining, gas sectors, but global headwinds loom

Foreign direct investment (FDI in Africa looks set for a strong 2023 thanks to some lucrative mining and gas projects, but an IMF report warns countries on the continent need to build resilience to manage the inevitable shifts in trade and FDI flows. After a lackluster investment climate during 2022, FDI flows into Africa are […]

Morocco to redirect IMF-World Bank annual meetings equipment to quake-hit areas

Morocco will use the material deployed during the IMF-World Bank meetings to equip schools in the quake-stricken areas, finance ministry official and coordinator of the meeting’s logistics Mohamed Khamoudi said. The event drew 12,000 participants in a covered area of some 23 hectares in Morocco’s tourist hub Marrakech. The education ministry said it was already […]