After a difficult 2020 during which global investment plummeted due to the pandemic, 2021 emerged as a very successful year for both public and private markets, with various sectors recording …
Business Policies
South African business confidence climbed in the first quarter as the negative impact of the coronavirus pandemic, power cuts and a three-week strike in the steel and engineering industry began …
Central Egypt(CBE) will begin a project tagged ‘Know Your Customer,’ which will enable citizens to open bank accounts online without having to visit the banking halls With this project, citizens …
- AgricultureBusiness PoliciesCentral Africa
Rwanda in talks with private firms to set up $6m phytomedicines plant
Rwanda is in talks with an Indian company to locally produce phytomedicines—drugs produced from parts of plants such as roots, stems, leaves, flowers, and seeds among others. Between $4 million …
- AfricaBusiness Policies
Investors, Industry Leaders Gather Today for EFG Hermes’ 5th Virtual Investor Conference
The largest investor gathering in Frontier Emerging Markets (FEM), the Firm’s 5th Virtual Investor Conference is taking place at the start of what many anticipate will be a bumper year …
Uganda has commissioned a $200 million iron ore smelting plant, which will help the region reduce its reliance on scrap metal, billets, and coils for raw materials. Tembo Steels Uganda …
Angola on Monday showcased its diamond industry’s potential for new foreign direct investments at an international exhibition in Dubai, United Arab Emirates, that brought together the world’s largest diamond corporations …
The 5000 Malawi Kwacha banknote will go into circulation today. Reserve Bank of Malawi has announced the release of the new banknote to the local media, prior to this day …
The Egyptian government aims to establish what it calls a “City of Gold” over an area of 150 acres as it bids to become a global logistical centre for gold, …
Bloomberg – Egypt has selected six international banks to manage the sale of its first sovereign Islamic bonds worth $2 billion, Bloomberg reported citing people familiar with the decision. The …