Senegal to stage first “Invest in Senegal” Forum on July 6-8

Senegal’s investment promotion and grand projects agency, APIX, will organize on July 6-8 the country’s first “Invest in Senegal” Forum seeking the development of local and regional markets. APIX in a statement argues that the event is meant to draw benefits of the African Continental Free Trade Area (AfCFTA) and promote investment opportunities in Senegal […]

Transparency: Uganda joins EITI to attract local, foreign investment

Uganda has joined the Extractive Industries Transparency Initiative (EITI) in order to subject its oil industry to scrutiny and promote accountable management of revenues. Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. According to Uganda’s Minister for Finance, […]

Saudi Arabia pledges Support for ‘New Sudan’

Saudi Arabia’s foreign ministry last weekend said the country is working on removing Sudan from the United States’ list of terrorism sponsors. Riyadh made the announcement following a visit to Saudi Arabia by the head of Sudan’s transitional sovereign council Abdel Fattah al-Burhan, and Prime Minister Abdalla Hamdok. The duo met with King Salman. In […]