eswatini _morocco_FMs Thulisile Dladla _ Nasser Bourita

China’s CCECC to invest $1.4bn into Tanzania-Zambia railway upgrade for 30-year concession

The China Civil Engineering Construction Corporation (CCECC) has committed to investing $1.4 billion to revitalize the Tanzania-Zambia Railway Authority (TAZARA), a critical transport route for copper exports in Central Africa. The deal, announced at the recent Zambia International Mining and Energy Conference (ZIMEC 2025), aims to improve infrastructure and operations along the aging railway. Under […]

Saudi Arabia’s PIF acquires shares in Alphabet, Zoom Video and Microsoft

Saudi Arabia’s Public Investment Fund bought shares in Alphabet, Zoom Video and Microsoft as part of a wider pick of US stocks, bringing the sovereign wealth fund’s second-quarter investments to about $40.8 billion, Arab Finance reports. A filing from US Securities and Exchange Commission indicated that PIF acquired 213,000 class A shares in Alphabet; 4.7 […]

AfDB President’s accusers call for independent investigation

After President of the African Development Bank Akinwumi Adesina has been cleared in an internal investigation of accusations of prevarication and favoritism, his accusers are now attacking the Ethics Committee that conducted the investigation. They doubt its probity and are calling for an independent investigation. The whistleblowers at the African Development Bank (AfDB) have not […]