Somalia Unveils New Mogadishu Development Initiative
On 19 December 2024, in the Somalian capital, Mogadishu, President Hassan Sheikh Mohamud officially unveiled the New Mogadishu Development Initiative.
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Author: gbc
Lycopodium Wins $35M EPC Contract to Build Largest Gold Mine in Cote d’Ivoire
On 18 December 2024, Australian construction firm Lycopodium announced that it has won an Engineering, Procurement and Construction (#EPC) contract
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Luthai Textile Plans to Invest $385M into Vertically Integrated Facility in Egypt
On 16 December 2024, the General Authority for Freezones and Investment (GAFI) of Egypt announced that Luthai Textile will invest
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Huaxin Scoops up Lafarge Nigeria for $1B in African Expansion Spree
On 4 December 2024, Huaxin Cement (SSE: 600801) announced that as part of its African expansion strategy, it plans to
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Ethiopia and DR Congo Partner to Launch Air Congo
Air Congo was officially launched with two Boeing 737-800 aircrafts in December 2024. On 1 December 2024, Air Congo undertook
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Invest Africa Releases Post-Event Report for ‘The Africa Debate in UAE 2024’
The 1st edition of The Africa Debate – UAE took place in Dubai on 31 October 2024. The organizer Invest
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Germany Eyes Europe’s Largest Lithium Reserves in Serbia
On 10 December 2024, Serbian President Aleksandar Vucic arrived in Germany for a state visit. As part of the agenda,
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AfDB, DFC and IFC Inject $45M for VaxSen to Boost Vaccine Production in Senegal
On 13 December 2024, the African Development Bank (AfDB), the US Development Finance Corporation (DFC) and the World Bank International
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AFD Injected €300M into the Indian Ocean Region to Enhance Universal Health Access
Since 2018, AFD reported that it has supported 43 projects in the Indian Ocean Region (IOR) with the objective to
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DFC Disburses 1st Tranche for 105 MW Gas Power Plant in Sierra Leone
On 10 December 2024, the US International Development Finance Corporation (DFC) effected its first disbursement for a USD 292 million
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