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Africa
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$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…
$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…
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…
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…
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…
Ghana’s $20 billion gold pivot: can GANRAP stabilize the Cedi?
At the center of the reform is the Ghana Gold Board (GoldBod),…
Senegal launches 2026 public debt offering of 200 billion CFA francs
Financing the 2026 budget and structural reforms . The funds raised through…
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…
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…
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Cameroon : Pristine, the new mineral water and soft drinks production and distribution company, pioneers for the re-industrialization of the south west region
The plant under construction, visited by the Acting Minister of Mines, Industry and Technological Development on October 24, 2024, is…
Senegal : the pillars of the National Strategy to lift the country out of dependence by 2050
"Sénégal 2050 : agenda national de transformation" aims to chart a new course for the country's economic and social development…
Michael Ahonzo Avou : the face of African finance at the helm of JP Morgan Chase in Ivory Coast
On October 16, 2024, the appointment of Michael Ahonzo Avou as JP Morgan Chase's representative in Ivory Coast marked a…
Nigeria : China’s Inner Galaxy Steel Company Limited to invest $300 million in steel development
The Minister of Steel Development, Prince Shaibu Audu, has received a delegation from China's Inner Galaxy Steel Company Limited, which…
Algerian financial market: towards effective revitalization
At a workshop on revitalizing the Algerian financial market held in Algiers on October 20, 2024, Finance Minister Laaziz Faid…
African Development Bank 60 years at the service of Africa’s emergence
At the 60th anniversary celebrations of the African Development Bank (AfDB) on October 17 2024, the financial institution revisited 60…
South Africa: Saudi Exim Bank grants a $25 million loan
Saudi Exim Bank, the Saudi bank dedicated to import-export, has approved a $25 million line of credit for Standard Bank…
Nigeria-Morocco gas pipeline : strategic agreement of the 13 host countries
From October 8 to 11, 2024, the Economic Community of West African States (ECOWAS) met in Lagos, Nigeria, to reach…
Nigeria : Bühler opens application and training center for local cereals
Bühler, the Swiss company active in the mechanical engineering, food and grain industries, in collaboration with Flour Mills of Nigeria…
Gabon : Airtel invests $7.30 million to extend its high-capacity fiber optic network
The mobile operator, which controls 49.53% of Gabon's telecommunications market, intends to use this funding to connect Libreville and Port…
