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.
Egyptian President Abdel-Fattah El-Sisi discussed economic ties and tourism and energy cooperation with Greek Prime Minister Alexis Tsipras during talks in Crete on Wednesday, his spokesman said in a statement..
Angola’s Banco de Fomento (BFA) has opened in Cabinda its first investment Center in BFA in the province and the 10th specialized point in the country. The Cabinda investment center.
Vice President Yemi Osinbajo says the Federal Government has spent N1.7 trillion in capital investment in two budget years. Osinbajo disclosed this while addressing participants at the 9th Presidential Quarterly.
By the end of August 2018, Morocco’s trade deficit year-to-date had increased to MAD 77.8 billion, up from MAD 69.1 billion in the same period of 2017. The trade deficit.
Bajaj Electricals and its main distributor in Nigeria, MACE Nigeria Limited, have announced plans to expand the investment of the Indian manufacturing company in Nigeria by increasing the volume of.
The Minister of Budget and National Planning, Senator Udo Udoma, has expressed appreciation to foreign investors for the interest they continue to show in Nigeria and their willingness to spread.
World Bank’s private financing arm International Finance Corporation invested Sh20 billion in Kenya the year ended June and expects that this will at least double in the year ending next.
Electronic Commerce firm, Konga is set to invest N3.5 billion in K-Xpress, its logistic arm, for better service delivery. Chairman of Konga, Olusiji Ijogun, who disclosed this at the weekend.
