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Morocco Invests in South-African Start-Up Specializing in Animal-Free Dairy Products

UM6P Ventures, an investment arm of Mohammed VI Polytechnic University, has announced investing in South African company De Novo Dairy, which produces animal-free dairy products that provide the same taste and nutrition as the traditional dairy products. De Novo Dairy specializes in the production of milk proteins using precision fermentation of yeast strains. This allows […]

AngloGold Ashtanti acquisition of $2.5B Centamin Company

AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]

Ethiopia reconnects Tigray’s capital to national power grid after year-long blackout

The capital of the Tigray region has been reconnected to Ethiopia’s national power grid after more than a year cut off due to the war in this northern region of Ethiopia. The announcement by the national electricity company comes just over a month after the signing of a peace agreement between the Tigrayan rebels and […]