The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund managed.
The Lebanese volume investments in Egypt would reach $ 5 billion by the end of the current year, according to the Vice Chairman of the Joint Egyptian- Lebanese Business Council,.
Vlisco Group, a Dutch clothes firm, has proposed an investment of 200 million dollars by the company in Nigeria, which would, in turn, create 700,000 jobs. President Muhammadu Buhari has.
Egyptian Oil Minister Tarek al-Mulla announced that his ministry planning to attract about $10 billion worth of new investments during the current fiscal year 2018-2019, in order to search and.
The multinational oil company ENI will continue to invest in Angola where it has recorded an increase in production of 50,000 barrels/day in the last 12 months. The company’s CEO,.
The Minister of Trade and Industry, Dr. Rob Davies, says that the investment in economic growth is not limited to job creation and economic inclusion for all. Davies was addressing.
Egypt’s Minister of Investment Sahar Nasr praised Rand Merchant Bank’s (RMB) choice of Egypt as the best investment destination in Africa for 2019, an achievement which the large North African.
Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI) in the country rose to an estimated.
South Africa has investment commitments of $35 billion as part of plans by President Cyril Ramaphosa to attract $100 billion over the next five years to revive the country’s flagging.
Saudi-based Islamic Development Bank (IDB) plans to launch two funds focused on Africa and Asia in 2019, Arab News reported. The new funds aim to raise a combined $1 billion.
