Investments & Projects

Egypt has revealed plans to invest around $9 billion in new projects in oil refining and petrochemicals, the Ministry of Petroleum and Mineral Resources announced earlier this week.

Four more African countries, namely Côte d’Ivoire, Liberia, Guinea, and Benin, have signed memoranda of understanding with Morocco and Nigeria to participate in the flagship Nigeria-Morocco gas pipeline project.

The Official Gazette published President Abdel-Fattah El-Sisi’s Decree No. 531 of 2022 regarding the approval of an agreement between Egypt and the French Development Agency (AFD) regarding a loan of €250 million in two tranches for the “Alexandria-Abu Qir” metro construction pro...

The Pcady is a project financed by the African Development Bank (ADB) to the tune of 15.8 billion CFA francs. These funds “will be devoted to the construction of new works, the reinforcement of rainwater management and hygiene“, says Minhdu.

Morocco is partnering with Chinese engineering firm Energy China International Construction Group for the development of a major green hydrogen project in the North African country.

LandWey Investment Limited, a Nigerian real estate development company, has announced a $100 million landmark deal with Virtuitis Solaris, a subsidiary of MOJEC International Holdings, to develop the Isimi Lagos Solar Farm, a renewable energy project aimed at promoting sustainabl...

The Minerals Income and Investment Fund (MIIF) has revealed plans to support the development of the salt industry in Ghana with the Ada Songhor Lagoon as utmost priority.

Villgro Africa has invested over $1.36 million (Sh171.4 million) in 36 Kenyan healthcare startups over the last seven years, with plans to launch a Biotech Innovation Hub as part of its regional expansion.

Liu Aimin, President of Egypt-TEDA SEZone Development Company, said Wednesday that they are seeking to attract seven new ventures worth about five billion dollars in the coming stage.