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  • A recent survey reveals some hidden gems for investors looking to put their money to work overseas. Botswana, Morocco, and Egypt are Africa’s best nations for foreign direct investment (FDI), according to a survey by an Africa-based economic research institute.

  • Investments inflows into Nigeria's telecommunications sector soared to N21.4 trillion ($70 billion) in 2017, up from the $68 billion it was last year.

  • South Africa says it stands ready to support investors looking to come into the country.

  • Rwanda has re-entered the Top 10 list after having just missed it the past two years, according to Rand Merchant Bank's latest 'Where to Invest in Africa report for 2018', released on Sept.18.

  • The Cherifian Company of Industrial and Railway Equipment (SCIF) is partnering with the government to turn the rail industry into a leading economic hub in Morocco, following the steps of the automotive sector.

  • The Zimbabwe Newspapers (1980) Limited board yesterday said the company's smart investments to retool and recapitalise will spur it to greater heights.

  • TANZANIA has attracted nine big investments during FY 2016/17 worth $4.259bn compared to FY 2015/16 valued at $5.89bn only, according to data from the Tanzania Investment Centre (TIC).

  • Investors coming to Malawi can find a favourable incentive regime that includes tax holiday for 10 years and extra breaks virtually allowing them to open factories without additional costs, Industry, Trade and Tourism Minister Henry Mussa.

  • The Emerging Africa Infrastructure Fund (EAIF) and FMO, the Dutch development bank, are jointly lending US$29.3 million of Senior Debt with a 12-year term to refinance the 13MW Bugoye hydro-electric power plant in Western Uganda.

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