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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FDI
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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Africa Investment Forum 2024 Signs Up $30B in New Deals
The Africa Investment Forum (#AIF2024) took place under the royal patronage of King Mohammed VI in Rabat, Morocco, from 4
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“The future of the world lies in Africa,” declares Biden in Angola
During his state visit to Africa, US President Joe Biden declared: “The future of the world lies in Africa!” He
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Peter & Burg Invests $130M in Edible Oil Factory in Tanzania
As part of its policy to reduce reliance on imports for its #FoodSecurity, Tanzania is announcing the implementation of a
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Lindian and EGEC Partner to Exploit Woula Bauxite Mine in Guinea
On 11 November, Lindian Resources announced that it has secured a 10-year lease agreement and royalty deed on the Woula
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Lammy’s Maiden Tour of Rising Continent Aims to Reset UK-Africa Relations
On 3 November 2024, UK Foreign Secretary David Lammy embarked on his maiden visit to Africa since the Labor government
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IMF Forecasts Sub-Saharan Africa to Grow by 3.6% in 2024 and 4.2% in 2025
In its report on the Regional Economic Outlook for Sub-Saharan Africa (SSA), the International Monetary Fund (IMF) estimates the region
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ODK Group Invests in Tractor Assembly Plant in Nigeria
On 22 October 2024, a groundbreaking ceremony for the Nortra Tractors Assembly Plant and Service Center took place in Enugu
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