The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
Industrial Development
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BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
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AfricaBusinessDevelopmentEconomyManufacturing
Egypt Approves $216M Free Zone Projects to Boost Jobs, Industry
The Ministerial Group for Industrial Development has approved three major private free zone industrial projects worth over $216.5 million, expected to generate more than 15,000 direct jobs across key manufacturing …
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EconomyEnergyEnvironmentFinance & ServicesInfrastructureTechnology
South Africa’s PIC Commits R656 Million to SA-H2 Fund
The Public Investment Corporation (PIC), which is South Africa’s state-owned asset manager, has committed a significant amount of money—R656 million—to the SA-H2 Fund. This fund is a blended finance project …
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AfricaAgricultureBusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyGOVERNMENTINVESTMENTManufacturingPoliciesTrade and Commerce
NASSI Partners Dangote Group to Boost Investment in Nasarawa State
The Nasarawa State Chapter of the Nigeria Association of Small-Scale Industrialists (NASSI) has entered into a partnership with Dangote Industries Limited to explore new investment opportunities and boost industrial development …
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BusinessEconomyGOVERNMENTINVESTMENTPolicies
107 Companies Invest N2.53tn in Nigerian Economy, Secure Tax Exemptions
The Federal Government has disclosed that 107 companies invested a total of N2.53tn into the Nigerian economy before qualifying for their tax exemption approvals. The companies made these investments across …