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France to deploy more soldiers to West Africa, Sahel

French President Emmanuel Macron and five African leaders agreed that French troops would remain in the Sahel region to fight against Islamist militants and sending of additional 220 French troops to the region. President Macron has received the heads of state of the countries forming the G5-Sahel (Burkina Faso, Chad, Mali, Mauritania and Niger) in […]

AfDB calls for more investment in agriculture to tackle Africa’s ‘great paradox of development’

Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ) to mobilize at least $2 billion in financing and investment commitments from its members to develop the continent’s food and agribusiness industry over the next five years. The project has been hailed as a significant step towards making Africa […]

French Schneider Electric mulls €30-million investment in Egypt until 2025

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]