Tanzania edges closer to $42 billion gas deal in push to become East Africa’s energy hub
Finance Minister Khamis Mussa Omar said the negotiations were nearing completion, after officials had initially expected the LNG agreement to be signed before June
Africa’s top cobalt producer moves closer to launching its first stock exchange after $1.25billion Eurobond debut
The Central African nation has signed a cooperation agreement with the International Finance Corporation (IFC), the private-sector arm of the World Bank Group, to support the creation of the Kinshasa Stock Exchange (KSE), a project that would give Congolese companies a formal platform to raise capital while opening a new frontier market to investors
AES state Niger moves closer to becoming an oil power as Algerian energy firm advances 260 million-barrel project
The development comes as the AES member seeks to expand its oil industry beyond its existing production, attract investment and increase revenues from its hydrocarbon reor more than a decade, has now moved into a new drilling phase
African Trade: Bringing AfCFTA Closer to Local Businesses {Business Africa}
Nearly a decade after the launch of the African Continental Free Trade Area (AfCFTA), many of the small businesses it was designed to empower say its benefits remain out of reach. While the agreement promises a unified market across Africa, entrepreneurs continue to face barriers such as poor infrastructure, complex border procedures, and limited access…
Africa’s richest man moves closer to multi-billion-dollar East African industrial expansion as government fast-tracks investment talks
President Samia Suluhu Hassan directed government ministries and agencies to begin immediate discussions with Aliko Dangote’s team following a meeting in Dar es Salaam, marking the first formal step towards transforming the proposals into bankable investment projects