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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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Morocco: Veolia sells former Suez subsidiary Lydec
Following the operation, Veolia will remain a major partner of the Kingdom of Morocco present in water and electricity distribution…
Cameroon: Proparco increases Afriland First Bank’s guarantee line to finance imports against a backdrop of inflation
From an initial amount of 15 million euros (9.839 billion FCFA) in 2022, this guarantee line now amounts to 20…
Is Air Ivory-Coast’s decision to raise US$170 million the right one?
Ivory-Coast's national airline is preparing to reinforce its fleet with two new Airbus A330-900 NEO aircraft,when the aircraft manufacturer's supply…
Intra-African transactions increase by 3.2% to reach $192.2 billion in 2023
These statistics were revealed at the 4th meeting of the Board of Governors of the Arab-Africa Trade Bridges (AATB) program,…
Cameroon: 2025-2027 action plan of the Islamic Development Bank (IDB)
A mission from the bank, which will be in Cameroon until July 13th, is currently presenting the guidelines to the…
Africa: business of watermelon production, a promising activity
Watermelon has become one of Africa's most profitable crops. It is even becoming an important source of income, especially for…
Chad: Mahamat Idriss Déby will visit France on July 15th
This visit is scheduled when the French media are reporting that the President of the Republic of Chad is the…
Cameroon exports 100 tons of aluminium ingots to Algeria, as part of the African Continental Free Trade Zone (Zlecaf)
Zlecaf opens doors that were previously closed realizing the potential of a market of 1.3 billion consumers, ready to rival…
Mali, Burkina Faso and Niger: the Confederation of the Alliance of Sahel States is born and creates an investment bank
Highlights of the first summit of the member countries of the AES confederation (Mali, Burkina Faso and Niger) whose heads…
Cameroon: more than 100 million USD from the United Arab Emirates to be captured by Cameroonian investors
This is part of a pilot program called "UAE-Africa Gateway" launched by the UAE Ministry of Economy in partnership with…
