Investments & Projects

Ghana is the eighteenth-most attractive economy for investments flowing into the African continent.In 2016, Ghana attracted a net foreign direct investment of US$3.5bn.

In its attempt to improve upon the supply of power to its customers in the Tema region, the Electricity Company of Ghana (ECG) has installed a new outdoor 132 MVA sub-station at the Tema Industrial Area.

Manufacturers in the country under the auspice of Manufacturers Association of Nigeria (MAN) have disclosed that Nigeria's cumulative manufacturing investment stood at N3.79 trillion in 2016. This is according to a survey conducted by MAN and made available to LEADERSHIP in Lagos.

SOME foreign investors have expressed interest in investing in Zambia’s aviation sector, the Civil Aviation Authority (CAA) has said.

The new Gambia expects investment for the country from this programme is $30 Million with justification on developing landing sites and adding value to fisheries products for improved food security and poverty eradication.

The East African Portland Cement Company, Kenya Power, and Kenya Electricity Transmission Company have commissioned a 220/66KV line dedicated to the cement maker’s power needs.

Vakayi Capital, a venture capital firm, has availed about $400 000 to Homelux Property Development which will go towards the development of residential stands in Tynwald Harare. Vakayi is an SME-focused fund which was established last year.

Issues related to trade and investment promotion were discussed at the 7th meeting of the BRICS Ministers of Trade in China.

Cairo — The Board of Executive Directors of IFC, a member of the World Bank Group, approved on July 20 an investment of $635 million that will help construct, operate and maintain up to 11 solar power plants in Egypt.