Investments & Projects

The Egyptian government targets to inject about LE 136.4 billiob, equivalent to 18.5 percent of the country’s total investment plan for fiscal year 2020/21, in the urban development sector, according to Minister of Planning and Economic Development, Hala El-Said.

Egypt's Minister of Transport, Kamel El-Wazir held a meeting Sunday via video conference with his Sudanese counterpart Hashem Ibn Auf, in the presence of the Sudanese ambassador in Cairo, to discuss strengthening joint cooperation in the various transportation fields.

Total capital investment in the project comes at USD 26 million over a 24-month construction period. The investment will be funded by Shanta’s internal cash flows. Expected annual production is projected at 32,000 ounces over an initial life of mine of seven years.

The bank noted that this investment marks the EBRD’s second investment into an Egypt-focused private equity fund, with the first being Ezdehar Egypt Mid-Cap Fund in 2016.

The new infrastructure comprises an overpass, five engineering structures including a viaduct with prestressed beams, 2×2 lanes over a length of approximately 1.6 kilometers, 3 kilometers of ramps and access infrastructure, as well as a toll station with a capacity of 15,000 vehi...

Gamea said Wednesday that that Indonesia's investments are concentrated in 22 projects in the fields of industry, construction, services, communications and information technology.

In less than two months, the Federal Government will take delivery of additional 11 units of locomotives to be deployed on both the Abuja-Kaduna and Lagos-Ibadan rail lines.

The committee that will manage the investment fund is set to select projects based on their employment potential, Benchaaboun said. The committee will also divide the fund into sectoral or thematic funds intended for investment in infrastructure projects across Morocco.

The Bank of Tanzania (BOT) Monthly Economic Review of July 2020 shows that in the year ending June 2020 exports continued to improve as many economies were re-opened from the COVID-19 pandemic lockdown.