Investments & Projects

International cold chain operator IFRIA has expanded its African footprint with a new investment in Senegal. According to the Senegalese Press Agency (APS), IFRIA started construction on July 16, 2026, of a refrigerated warehouse at the Diamniadio Industrial Platform, near Dakar.

Turkish firm Ukinox manufacturing company has signed a $14m contract to establish a stainless steel products plant in the Sokhna Industrial Zone, aiming to produce 1.2 million kitchen sinks annually.

The Indian investment strengthens Egypt’s emergence as a Mediterranean denim-production base serving European, Middle Eastern and African markets.

Swiss group Gebana Faso commissioned a new cashew processing facility on June 6 in Péni, located in the Guiriko region in southwestern Burkina Faso.

The Federal Government has inaugurated a lithium processing plant in Nasarawa State with a daily processing capacity of 6,000 metric tonnes, which is the largest in Nigeria to date.

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, met with senior executives of Norwegian renewable energy company Scatec to discuss expansion plans worth $5bn in renewable energy, desalination, and data centers over the next two years.

Mutapa Energy Resources, a subsidiary of Zimbabwe’s sovereign wealth vehicle Mutapa Investment Fund, confirmed the initiative on Thursday through comments from Chief Executive Officer Innocent Rukweza. The project positions the company among a growing group of operators investing...

Prime Minister Mostafa Madbouly today witnessed the signing of a memorandum of understanding (MoU) to establish Egypt’s first wind turbine manufacturing plant and develop a 2,000-megawatt wind power project in the North Gulf of Suez region.

French premium water brand Castalie and Moroccan glass manufacturer SEVAM have signed an industrial partnership to produce reusable glass bottles in Morocco, with local production set to begin in June 2026 and exports to European markets planned for 2027.