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The refinery, which is the latest investment of the Sentuo Group, is expected to produce five million metric tonnes of petroleum products including liquified petroleum gas (LPG), jet fuel, gasoline, diesel and fuel oil.

East Africa Commercial and Logistics Center is expected to open in Tanzania’s capital city, Dar es Salaam, in June 2024, providing trade and investment opportunities for the public.

A Chinese mining company opened a 300 million dollar lithium processing plant in Zimbabwe on Wednesday.The southern African country has one of the world's largest reserves of the metal and has the largest reserves in Africa. 

Finance Minister, Ken Ofori-Atta, says Ghana needs about $12.5 billion to build a climate-resilient economy.According to him, the cost of climate change to Ghana cannot be underestiamted.

Morocco and China have pledged to improve agriculture cooperation through a new memorandum of understanding (MoU). China's Minister of Agriculture Tang Renjian signed the agreement on Tuesday along with his Moroccan counterpart Mohamed Sadiki.

The third China-Africa economic and trade expo on the theme of common development for a shared future concluded on Sunday in Changsha city, with 10.3 billion U.S. dollars’ worth of projects signed.

The Central Bank of Somalia has launched a Quick Response Code standard to provide secure payment services as it moves towards a cashless economy. By launching this code, Somalia follows in the footsteps of Kenya, which launched a QR Code standard in May 2023.

The African Continental Free Trade Area (AfCFTA) Secretariat and the United Bank of Africa have signed an agreement to support Small and Medium Enterprises in Africa with 6 billion dollars to scale up and expand into multinational companies.

Minister El-Meselhi emphasised the ministry's commitment to eliminating any barriers that investors may face in implementing logistical projects and growing important commercial activities.