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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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The Lusophone Compact : a catalyst for economic transformation in African CPLP countries
The 15th Summit of the Community of Portuguese Language Countries (CPLP), held in Bissau from July 15 to 18, 2025highlighted…
Mining : East Africa steps up in niobium race amid Brazil’s dominance
As Brazil maintains a tight grip on global niobium supply, East African nations are stepping up efforts to develop their…
Mozambique LNG: legal challenge targets US Exim Bank’s $4.7 billion backing of TotalEnergies
Two environmental NGOs have filed a lawsuit against the Export-Import Bank of the United States (US Exim) over its financial…
Nigeria : the country launches $15 billion refinery project to build nation’s 2nd largest oil facility
Nigeria is set to deepen its energy independence with a new $15 billion refinery project in Ondo State. Backbone Infrastructure…
Kenya: The paradox of being the world’s top tea exporter but earning less
In 2024, Kenya maintained its position as the world’s largest tea exporter, shipping an impressive 625,558 tonnes 67% more than…
Africa: Dangote’s $25 billion fertilizer gamble and its self-sufficiency by 2028
In a bold declaration that could reshape Africa’s agricultural future, Nigerian billionaire Aliko Dangote has projected that the continent will…
Digital payments battle: Flutterwave and Wave shape Cameroon’s fintech future
Nigerian fintech Flutterwave has officially received authorization from the Bank of Central African States (BEAC) to launch its digital payment…
South Africa: $5.8 billion green ammonia project targets market leadership through low cost strategy
With Morocco, Namibia, and Egypt accelerating large-scale green ammonia projects targeting export markets, South Africa is positioning itself as a…
Finance Week 2025: Prometal Group wins industrial investment Leadership Award
Prometal Group was honored at the third edition of Finance Week, organized by EcoMatin on June 17, 2025. This event…
Egypt: Suez Canal Economic Zone (SCZone) positions itself as a global industrial and logistics hub
On the occasion of the Egypt-U.S. Economic Forum, the Chairman of the SCZone General Authority, Waleid Gamal El-Din, highlighted the…
