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Accra Congratulates Rabat for its Comeback to African Union

President of Ghana Nana Addo Dankwa Akufo-Addo has congratulated King Mohammed VI for Morocco’s return to its African institutional family, saying Rabat’s comeback will give a new momentum to the African Union (AU). A joint statement issued following the official visit paid by the Moroccan Sovereign to this West African country Feb. 16-18 says the […]

AIF 2022 attracts record investment pledges, but fails in solving Africa’s infrastructure paradox

This year’s African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of historically low success rates in bringing projects into fruition. The vast networking event brings together African entrepreneurs, decision-makers, bankers. In 72 hours, the African Development Bank (AfDB) and its partners […]

Qatar deposits $1bn in Egypt’s Central Bank

The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a deal to acquire a government stake in some of the major companies in the North African country, Asharq Business reports, citing informed sources. The funds, the sources told the media, […]