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Tanzania aims high to become go-to-market for all of Africa’s electrical equipment needs

Tanzania is venturing into the manufacture of electrical equipment aiming to become a key player in the industry, which is part of the government’s strategy to diversify the East African country’s economic portfolio. During her recent visit to Multi Cable Limited (MCL), a Dar es Salaam-based factory, Tanzania’s Industry and Trade Minister, Ashatu Kijaji, sought […]

Libya: Serraj Accuses Ageela Saleh for Sabotaging Cairo Talks

Head of Libyan Presidential Council Faiez Serraj has accused President of the Tobruk-based House of Representatives (HoR) Ageela Saleh for torpedoing talks with Field Marshal Khalifa Haftar in Cairo, reports say. Talks between the two protagonists ended with no real milestone decision on the future position of the Eastern-based army chief in the Libyan leadership. […]

IFC plans investment fund to help African film industry grow

The International Finance Corporation (IFC) said it is working with the African Development Bank (AfDB) and Nigeria’s EbonyLife Media to study the feasibility of launching a pan-African investment vehicle targeting the continent’s film sector. The initiative aims to unlock fresh private and institutional capital to help African producers create and distribute stories for global audiences, […]