Cement companies in Egypt are seeking to return to operating with natural gas fuels instead of coal, after nearly seven years of the government’s decision to compel companies to use …
Business Policies
- Business PoliciesNorthern Africa
There are indications that the Organised Private Sector of Nigeria, OPSN, would be heading to court to prevent a scenario where members would be compelled to pay Value Added Tax, …
Today, the Ethiopian American Civic Council (EACC) is calling for an independent review and forensic validation of a CNN piece alleging Ethiopian government officials committed acts of ethnic cleansing against …
- Banking, Finance & InvestmentBusiness Policies
African Development Bank approves $50 million Intra-Africa Trade Finance for Standard Chartered Bank
The Board of Directors of the African Development Bank Group (AfDB.org) has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and …
Nigeria’s lenders likely don’t have enough dollars to fund clients seeking to acquire oil assets put on sale by the local unit of Royal Dutch Shell Plc, the country’s biggest …
- Business PoliciesCentral AfricaEastern AfricaSouthern Africa
High-Profile African Delegations to Visit Dubai for Global Business Forum Africa 2021
Heads of state, more than 30 ministers, high-ranking government officials and prominent influential business leaders from Africa have confirmed their participation in the sixth edition of the Global Business Forum …
A four-way ministerial meeting of the Arab Gas Pipeline countries (Jordan, Egypt, Syria and Lebanon) resulted in an agreement to deliver Egyptian natural gas to Lebanon via Jordan and Syria, …
- Business PoliciesNorthern Africa
Egypt Becomes Africa Finance Corporation with a Potential of US$1 Billion of Investments
Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most populous nation to become the 32nd member …
- Business PoliciesSouthern Africa
Lucara Announces Final Board Project Sanction for the Karowe Underground Expansion Project
Lucara Diamond Corp. is pleased to announce that the Board of Directors has formally approved the Karowe underground expansion project, following the Financial Close and satisfaction of all Conditions Precedent …
- AgricultureBusiness PoliciesEastern Africa
Kenyatta urges African states to base food security policies on data
Uhuru Kenyatta, Kenyan President on Wednesday urged leaders in the continent to improve food security policies by basing decisions on data and science. The President made this announcement during a …