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Zambia: Japanese company to invest $200 million in solar energy
The Japanese company Univergy Solar has announced it will invest $200 million in Zambia to carry out two solar photovoltaic projects. The investment will enable the new independent power producer (IPP) to build two photovoltaic solar power plants. The first plant will be located in northern Zambia, with a capacity of 135 MWp. The second, […]
Tension brews in Horn of Africa as Egypt sends military aid to Somalia irking Ethiopia
Egypt has sent two military aircrafts loaded with arms and ammunition to Somalia, in a move that triggered the fears of Ethiopia. Relations worsened when Ethiopia and the breakaway Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose in return for recognition as a state. Somalia opposed […]
Egypt’s General Authority for Investments & Free Zones takes WAIPA Regional directorship for MENA region
Egypt’s General Authority for Investments and Free Zones (GAFI) has been elected as regional director of The World Association of Investment Promotion Agencies (WAIPA) in the Middle East-North Africa region, at the 27th World Investment Conference (WIC) of the leading global body representing government agencies in charge of attracting inward investment, held in New Delhi. […]



