Investments & Projects

Dr. Ibe Kachikwu, on Monday stated that reforms initiated and executed by the federal government in Nigeria's oil and gas industry had earned the sector the confidence of international oil companies (IOCs) who he noted had requested to invest over $15 billion in the sector.

China's leading new-energy carmaker BYD announced Tuesday that it would build a monorail transit system in Egypt, the company's second overseas monorail order.

Windhoek — The Minister of Information and Communication Technology, Tjekero Tweya, on Wednesday launched the Arandis Investment Conference and Uranium Festival at an event that was held in Windhoek.

Dar es Salaam — A delegation of 15 Germany companies are in the country to explore business opportunities in infrastructure, education, technology, machinery and energy (oil, gas and hydropower).

Maputo — Mozambican President Filipe Nyusi on Monday urged African governments to invest in education, innovation and information and communication technologies (ICTs) to ensure that all countries can become important actors in the global knowledge economy.

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX), the main shareholder (63.9%) of Acacia Mining (LSE:ACA) (DSE:ACA) – Tanzania’s largest gold mining company – has reached an agreement with the Tanzanian government in relation to the ongoing tax dispute.

Textile and apparel industry is a strategic investment sector with an annual market transaction of more than three trillion USD worldwide which accounts for about two percent of world's Gross Domestic Product (GDP). This also gives opportunity for the fashion industry to thrive.

Kenya Re #ticker:KNRE has been ranked as the most attractive listed underwriter on the Nairobi Securities Exchange (NSE) in the first half of 2017, as measured by franchise value and intrinsic scores, a new report shows.

Africa investor ("Ai"), an international investment and communications group, today announced the launch of its online infrastructure co-investment portal AIAssetX.