Investments & Projects

The British oil and gas company Sound Energy PLC announced this Monday that it has received a financing proposal for its Tendrara gas export pipeline in eastern Morocco from the Advisory & Finance Group Investment Bank (AFG).

The President of the Republic of South Africa, Mr Jacob Zuma will officially launch the InvestSA One Stop Shop - Western Cape (Invest SA OSS) on 8 September 2017 at the Cape Sun Hotel in Cape Town.

Econet Wireless founder Strive Masiyiwa has launched a global competition aimed at giving a chance to upcoming entrepreneurs to formalise and grow their businesses through provision of financial assistance and mentorship.

Beijing — An investment fund system set up by the Government of the People's Republic of China to strengthen foreign direct investment (FDI) in Africa and enhance the continent's economic potential is showing significant progress, according to new statistics.

The African Development Bank, AfDB, plans to invest about $24 billion over the next 10 years to accelerate the realisation of the food sufficiency agenda, its president, Akinwumi Adesina, said on Tuesday.

South Africa's Department of Trade and Industry (dti) has funded the visit of the six-member group as part of the department's efforts to increase trade and investments between South Africa and South Sudan.

Luanda — Three private investment projects amounting to USD 14.6 million, were signed today in Luanda between the Industry Ministry?s Technical Unit for Support to Private Investment (UTAIP) and national companies.

Nigerian National Petroleum Corporation has said that a consortium of Chinese banks have invested $250 million in the Nigerian petroleum industry.

These projects are expected to be finished by the end of 2019, according to the director.The ministry of transport is providing MAD 464 million in funding for the project, while the Tangier-Tetouan-Al Hoceima region is giving MAD 250 million.