Pan-African multilateral development financial institution the Africa Finance Corporation (AFC) will invest $95.25 million into Uganda’s petroleum logistics infrastructure.The investment will be directed towards oil and gas company, Mahathi Infra Ugand…
According to Africa’s Development Dynamics 2023, a report published jointly by the Organization for Economic Co-operation and Development (OECD) and the African Union, between 2017 and 2022, China’s foreign direct investment in Africa amounted to $74 b…
Foreign investment in Tunisia reached 1,217.1 million dinars (MDT) in the first half of 2023, compared with 1,043.8 MDT for the same period last year, representing an increase of 17.6%. Taking into account the evolution of the exchange rate of the Tuni…
Several African countries qualify as emerging economies due to their rapid Gross Domestic Product (GDP) growth, rising per capita income, and rapid increase in debt and equity market liquidity. Such economies are well en route to developing market econ…
Public startup gas pedal “Algeria Venture” and South African startup incubator “Sloane 22” signed a partnership agreement in Johannesburg on August 23, aimed at strengthening ties between the two countries’ startup ecosystems, Algeria Venture said in a…
The Volleyball Lionesses of Cameroon have finished third at the just ended African Nations’ Championship that rounded up this August 24 2023 at the Yaounde multipurpose sports complex.Coached by Peter Nonnenbroich, the ladies defeated Rwanda 3 sets to …