Nigeria secures $428 million German investment deal as Europe deepens Africa energy push
The agreement, signed in Abuja on Thursday, includes a €65 million commitment for financial and technical cooperation, alongside a €300 million export credit guarantee framework designed to support long-term investments and trade projects in Nigeria. Using the current Forbes currency converter rate of €1 to $1.17, the total package is worth roughly $428 million
Indian billionaire Raj Gupta secures 500 hectares to build what could become sub-Saharan Africa’s largest solar steel plant in Nigeria
The project will combine a large-scale steel manufacturing complex with a dedicated solar power plant and the proposed AIG Industrial Park, reflecting Nigeria’s growing push to reduce manufacturers’ dependence on the country’s unreliable electricity grid
Mashatile secures investment commitments during India visit
Deputy President Paul Mashatile says South Africa has secured commitments from Indian business leaders to expand investments in key sectors of the economy following the successful conclusion of the first leg of his working visit to India.Addressing members of the media on Tuesday upon the conclusion of the first leg of his Working Visit, Deputy…