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South Africa Set to Significantly Expand Infrastructure Investment

South African President Cyril Ramaphosa announced the government’s firm commitment to significantly increase infrastructure investment in the country, a move that is crucial to spurring economic growth, improving service delivery, and creating jobs. Speaking at the National Council of Provinces (NCOP) in Cape Town on September 12, 2024, Ramaphosa emphasized that the expansion of public […]

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Botswana hosts the 7th Africa Tourism Leadership Forum

The 7th Africa Tourism Leadership Forum (ATLF) held in Gaborone, Botswana, from September 4 to 6, 2024, represented a significant step toward bolstering intra-African travel, tourism, and investment. Organized at the Gaborone International Convention Centre, the event attracted over 500 participants from 43 countries, including influential figures from the travel, tourism, hospitality, and aviation sectors. […]

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The UK Government Announces £25 million Investment into Africa’s Food and Agriculture Sector

The UK government has recently announced a £25 million investment into Africa’s food and agriculture sector, aiming to boost trade, tackle the climate crisis, and enhance food security across the continent. This initiative, revealed by Lord Collins of Highbury, the UK’s Africa Minister, during the Africa Food Systems Forum (AFSF) in Kigali, Rwanda, underscores the […]

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KoBold Metals to Unpack Investment Plans in Zambian Copper at CMA 2024

KoBold Metals, a cutting-edge U.S. startup known for its innovative approach to mineral exploration, has recently announced a significant investment in Zambia’s copper mining sector. The company plans to invest up to $2.3 billion over the next 8-10 years to develop the Mingomba Copper Mine, one of the largest copper reserves in the world. This […]

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China’s Strategic Commitment to Africa: $51.4 Billion Investment and Expanded Cooperation by 2027

Introduction China’s relationship with Africa has evolved into one of the most strategically significant partnerships in the global South. This connection, underpinned by economic, political, and cultural ties, has seen significant growth in recent years, with China positioning itself as Africa’s largest trading partner and a key investor in the continent’s development. In a landmark […]

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ADIA-Backed India Infrastructure Investment Fund Plans to Raise $4 Billion for Expanding Nation’s Infrastructure

In a significant development that underscores the growing international interest in India’s infrastructure sector, the National Investment & Infrastructure Fund (NIIF), India’s largest domestic infrastructure fund, is preparing to raise $4 billion. This ambitious fundraising effort, backed by prominent global investors including the Abu Dhabi Investment Authority (ADIA), is slated to begin as early as […]

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African Development Bank President Praises Saudi Arabia for Billions of Dollars of Investment in Africa

Introduction In a significant acknowledgment of Saudi Arabia’s role in Africa’s development, Dr. Akinwumi Adesina, the president of the African Development Bank Group (AfDB), has praised the Kingdom for its substantial financial support and commitment to the continent. Speaking at the 50th-anniversary celebration of the Saudi Fund for Development (SFD) in Riyadh, Dr. Adesina lauded […]

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African Leaders in Beijing Eyeing Big Loans and Investment

 A significant gathering of African leaders is taking place in China’s capital this week as they seek crucial funding for large-scale infrastructure projects. This summit comes against the backdrop of intensifying global competition over resources and influence on the continent, with China playing a central role in Africa’s economic landscape. Strengthening Ties Amid Global Competition […]

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