Investments & Projects

The Export-Import Bank of China (Chexim) to extend an additional loan of $400 million to the Egyptian government. According to unnamed sources cited by Asharq Business, the loan will be allocated towards financing the third phase of Egypt's ambitious light rail train (LRT) projec...

Diversified local company, Kwandisa Group, has secured partners willing to invest US$60 million into a cement plant in Zimbabwe’s Midlands Province area to exploit a supply gap amid soaring demand.

Egypt will in the first half of 2024 stage the country’s National Investment Forum with aim to promote the advantages and incentives of investment in Egypt, key investment opportunities in sectors and economic activities, the office of Prime Minister Mustafa Madbouly announced Mo...

Three Arab and Chinese companies seeks to establish wind energy plants in Egypt with investments up to $600 million. They are in talks with a number of officials to submit official offers within weeks, government sources told a local news site.

Danfoss, a Danish energy solutions company, is eyeing the growing data centre market in Kenya’s data center sector, partnering with local companies and institutions to grow its foothold in the East African country that has long harbored the ambition to become the regional petrole...

Chinese cobalt supplier Huayou unveiled plans to invest MAD 200 billion ($20 billion) in a factory dedicated to manufacturing batteries for electric vehicles in Morocco’s Laayoune Sakya Al Hamra province.

The General Authority for Suez Canal Economic Zone (SCZone) signed a contract for a ready-to-wear clothing factory by Chinese Company Shanghai Xingda in Abu Khalifa Industrial Zone.

Through a statement made by Egypt Kuwait Holding (EKHO) last Saturday, the company announced the opening of new factory and production lines in Egypt worth $48 million (LE 1.4 billion) through associate company Sprea Misr.

Hayat Egypt for hygienic products company will build three new factories worth $210 million in investments, according to a Cabinet statement released on Thursday.