Prometal

Africa

All the latest investment opportunities, analysis, opinion, news, business … to invest in Africa

$900 Million expansion: Egyptalum to double output at Nag Hammadi complex

The Egyptian Aluminium Company (Egyptalum) has signed a strategic agreement to expand its Nag Hammadi industrial complex. Estimated at $900 million, the project aims to significantly increase the country's production…

4 Min Read
$100 million for 10,000 young people: the Elumelu model, a strategy african entrepreneurs can replicate

Injecting more than 65 billion CFA francs into African entrepreneurship is not…

3 Min Read
Burkina Faso : a 2 Billion CFA Franc soybean processing industrial complex comes into operation

The total cost of the infrastructure is estimated at nearly 2 billion…

5 Min Read
Nigeria: Dangote Cement seals over $1 billion deal with Sinoma to expand capacity in Africa

According to information , the agreement covers twelve industrial projects. These include…

3 Min Read
Building an African financial powerhouse : BOAD and RMDB join the AAMFI

Established in 2024, AAMFI was created to bring together African-owned and African-controlled…

3 Min Read
Ghana’s $20 billion gold pivot: can GANRAP stabilize the Cedi?

At the center of the reform is the Ghana Gold Board (GoldBod),…

4 Min Read
Senegal launches 2026 public debt offering of 200 billion CFA francs

Financing the 2026 budget and structural reforms . The funds raised through…

2 Min Read
Africa: Access Bank and Equity Group Holdings accelerate cross-border mergers, 70% of deals concentrated in South Africa, Egypt and Kenya

Following the adoption of higher minimum capital thresholds by supervisory authorities, undercapitalized…

4 Min Read
MTN Cameroon transfers over 400 Million FCFA to the CDEC: a turning point for financial transparency

In Cameroon, the CDEC is mandated to receive, hold, and safeguard funds…

1 Min Read

For you

Latest

Algeria : desalination drive unlocking investment potential

As water resources become increasingly scarce, Algeria is stepping up efforts to secure a sustainable and reliable supply. On Tuesday,…

4 Min Read

Sierra Leone : turning waste into energy

Faced with galloping urbanization and a persistent energy crisis, Sierra Leone is banking on an innovative solution : converting waste…

5 Min Read

Morocco : the country aims to become a key hub in the global electric vehicle value chain

The development of Morocco’s electric battery industry marks a profound shift in the country’s industrial and economic landscape. Driven by…

4 Min Read

Rwanda : the country aims to attract $50 million in private investment to boost sugar processing

The Rwandan government is set to allot 8,000 hectares of land for sugarcane farming as part of a comprehensive initiative…

2 Min Read

Rwanda becomes Africa’s leading tungsten producer with a daily output exceeding 4 tonnes, thanks to the Nyakabingo mine

Situated in the Rulindo district, the Nyakabingo mine is now managed by Trinity Metals, with a monthly extraction of 120…

4 Min Read

Rwanda : the country wants to establish strict guidelines for online businesses

The Rwandan government has decided to strengthen consumer protection by introducing an ambitious bill faced with the rise of e-commerce.…

3 Min Read

Rwanda : import permits now required for agricultural, chemical and construction products

As part of its efforts to enhance consumer safety and improve the quality of products entering its market, Rwanda has…

3 Min Read

Startups & SMEs : need capital ? explore alternative financing solutions

As traditional financing remains prohibitively expensive for SMEs and Startups -often deemed too risky by banks- alternative financing options have…

3 Min Read

Rwanda : Kivu Choice invests $10 million to expand fishfarming

Rwanda's aquaculture sector is undergoing a significant transformation thanks to the rise of Kivu Choice, a company specializing in fishing…

4 Min Read

Rwanda : about new tax reforms

On Monday February 10, 2025, the Rwandan government adopted a series of tax reforms aimed at broadening the tax base…

4 Min Read