Investments & Projects

As Ethiopia, the most populous nation in East Africa, is spreading its economic relations across the globe, investment from the world’s most populous nation China is playing a prominent role.

Beijing — A consortium of eight Chinese enterprises yesterday signed agreements with Tian Tang Group to invest in Mbale Industrial Park, eastern Uganda.

STANBIC Bank Zimbabwe, has contributed $273.2 million to finance the tobacco industry this year, an official has said.

Nigeria has significant infrastructure investment gap put at $878 billion out of $97 trillion global needs, to address economic growth and existing shortfalls from now till 2040.

On laws governing the mining sector, the Minister said although the 10-year-old laws were in line with global standards, the ministry had not been able to effectively enforce them.To resolve the problem Mr. Fayemi said all regulatory bodies would be collapsed into one central uni...

Ethiopia has ample opportunities for investment. The growing Foreign Direct Investment (FDI) influx to the country is said to be among the highest in Africa.

The Government through the Ministry of Agriculture (MOA) and the United Nations Food and Agriculture Organization (FAO) as well as other development partners last Tuesday brainstormed on the development of an agriculture investment plan .

Tanzania’s mobile operator Tigo has announced a USD 75 million investment to improve both network availability and quality across the country.

The energy situation in southern Africa is expected to come under the spotlight when the region convenes a high-level ministerial workshop and investment conference in Swaziland to discuss sustainable energy infrastructure.