Investments & Projects

Housing Principal Secretary Charles Hinga expressed concern over the high demand for housing in urban centres. “Of the supply of 50,000 units, 49,000 units are for the upper-middle and high-end market while only 1,000 units are available to the lower segment of the housing market...

The High Court has ordered the Ministry of Energy and the sector regulator, Energy and Petroleum Regulatory Authority (Epra), to include a 300 megawatt (MW) wind power plant to its list of approved electricity projects.

Danone Egypt remains true to its mission striving to meet the customers’ daily needs by delivering healthy and responsibly produced food and drinks and to maintain its strong position in the market as the leading essential dairy products manufacturer.

In a statement quoted in the report, TMZ stressed that the first phase of 30 ha will be delivered in April 2022 with IKEA company occupying an area of more than 3ha with 19,000m² covered. The construction of IKEA area has already started and is scheduled to open in summer 2022.

The Angolan government plans to invest over US$445.5 million (392.3 million euros) to build 21 logistics centres, by 2038, in order to minimise the challenges of goods transport, which is still heavily dependent on road transport.

The videograph pointed out that investments in two new projects in the petrochemical sector in Damietta and Alexandria amounted to LE 72 billion, in addition to implementing 7 projects to develop refineries with investments of LE 86 billion.

Ghana's Sustainable Development Goals (SDGs) Investor Map Pipeline Builder tool has successfully identified a base value of USD 39million worth of Small Medium Enterprises (SMEs) investments in Ghana.

Abderrahim El Hafidi, the general director of Morocco’s National Office of Electricity and Drinking Water (ONEE), announced on Saturday the government’s plans to allocate a global investment budget of nearly MAD 300 million ($33 million) for the projects.

Morocco’s OCP Group and the Ethiopian government have signed a Joint Development Agreement to develop a fertilizer plant in Ethiopia. An Ethiopian delegation led by the country’s Minister of Finance, Ato Ahmed Shide, signed the agreement in Morocco on Saturday, September 18.