Abu Dhabi Islamic Bank (ADIB) Egypt has announced an increase in the issued and paid-in capital of the Abu Dhabi Islamic Consumer Finance (ADI-CF) — its new arm for consumer …
Business Policies
BHP Group has invested $40 million in a Tanzania nickel project, UK-based private company Kabanga Nickel said on Monday, the first new bet by the world’s biggest miner in Africa …
Globe Metals & Mining has appointed a full-time Africa-based CEO to develop its Kanyika Project in Malawi, promoting Grant Hudson from General Manager – Corporate Services to run the aspiring …
China said on Thursday it would appoint a special envoy to foster peace in the turbulent Horn of Africa and wanted to shift focus on the continent to trade over …
- Business PoliciesEastern AfricaFEATURED NEWS
Morocco-ABA Technology Deal To Boost Medical Manufacturing
ABA Technology Group and the Morocco Medical and Biomedical Industrial Cluster (MMI) signed a partnership deal in December 2021 in Casablanca, laying the foundation for Moroccan-made medical devices. Under the …
Morocco and China on Wednesday signed an agreement sealing a strategic partnership between the two nations as part of Beijing’s “Belt and Road” initiative. The accord, a roadmap for the …
- Business PoliciesWestern Africa
Drought of foreign investors’ dollars pushed return on Nigerian stocks’ to brink
The prospect of many Nigerian stocks getting their latent value unlocked and their prices further appreciating through more patronage from overseas investors failed to materialise in 2021 as trade volumes …
On January 17, African diplomats will meet their global counterparts in New York to thrash out the details of a proposed new United Nations (UN) treaty to tackle cybercrime. It …
- AfricaBusiness PoliciesNorthern Africa
Egypt awards oil firms eight new areas for oil and gas exploration
Egypt has awarded eight oil and gas exploration concession areas in the Mediterranean, the Western Desert, and the Gulf of Suez to international oil companies. The areas were awarded to …
Eastern Africa received the lowest foreign direct investment (FDI) in 2020 compared to its western and southern Africa counterparts, mostly due to policy bottlenecks and rising political tensions, like those …