Tag: Investment

Egypt named top for investment attraction in Africa

Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI) in...

South Africa gets $35 Bn in investment pledges towards $100 Bn...

South Africa has investment commitments of $35 billion as part of plans by President Cyril Ramaphosa to attract $100 billion over the next five...

Saudi’s IDB plans infrastructure funds for Africa, Asia to fill investment...

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...

Egypt’s Sisi discusses investment, energy, tourism cooperation with Greek PM Tsipras

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,...

[Angola] BFA adds new investment center to serve high end customers

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...

FG commits N1.7trn to capital investment – Osinbajo

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...

Morocco’s Trade Deficit up 12.6%, Foreign Direct Investment down 8.6%

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...

Indian firm Bajaj Electricals to increase investment in Nigeria

Bajaj Electricals and its main distributor in Nigeria, MACE Nigeria Limited, have announced plans to expand the investment of the Indian manufacturing company in...

‘Foreign investors ready to increase investments in Nigeria’

The Minister of Budget and National Planning, Senator Udo Udoma, has expressed appreciation to foreign investors for the interest they continue to show in...

Kenya: World Bank Unit Invests Sh20 Billion in Kenya Firms

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...