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Tag: investment
Aeronautics: Safran Commits to Support Morocco’s Aerospace Ecosystem
Safran group, a leader in aircraft equipment manufacturing, has pledged to support and develop further Morocco’s aerospace industry ecosystem which continues to attract foreign investment. ... Read More
Australian Desert Metals acquires gold and lithium mine fields in Cote d’Ivoire
Desert Metals, a mining company listed in Australia, has acquired Côte d’Ivoire-based CDI Resources Limited (CDI) that controls seven gold and lithium projects in the ... Read More
Tanzania doubles its FDI inflows to over $1bn in 3Q, reflecting investor confidence
Tanzania’s Foreign Direct Investment (FDI) figures went up almost twofold year-on-year to $1.05 billion between July and September against $524.4 million in the same period ... Read More
AfDB calls for more investment in agriculture to tackle Africa’s ‘great paradox of development’
Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ) to mobilize at least $2 billion in financing and ... Read More
Norwegian STAR SEAFOOD to invest €100m in Mauritania
STAR SEAFOOD, a Norwegian Seafood Company, is mulling plans to inject €100 million into Mauritania’s Nouadhibou free trade area for a three-phase project that will ... Read More
Hand-in-Hand Investment Forum aims to boost funding for agrifood systems in Sahel
Governments from Africa’s Sahel have recently met with potential donors and other organizations at the Hand-in-Hand Investment Forum 2023, organized by the Food and Agriculture ... Read More
China’s Hengtong to manufacture fiber-optic cables in Egypt
Chinese power and fiber optic cable manufacturer Hengtong will set up a plant in Egypt to produce fiber cable as result of a deal between ... Read More
Samsung gets golden license to set mobile phone factory in Egypt
Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North ... Read More
BP mulls plans to invest $3.5bn in Egypt over next three years
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. ... Read More
Danish firm to increase investments in Kenya’s booming energy market
Danfoss, a Danish energy solutions company, is eyeing the growing data centre market in Kenya’s data center sector, partnering with local companies and institutions to ... Read More