Finance & Investment News|Finance Calculators|Online Courses|Personal Finance Tips Business Finance Tips Macro Economic News Investments News Financial & Investments Calculators Compare Economies & Financial Products My Serrari Serrari Ed Online Courses

At the Africa Rail 2024 Conference held at the Sandton Convention Centre, Hishaam Emeran, President of the Southern African Railways Association (SARA), emphasized the transformative potential of rail infrastructure in driving Africa’s economic growth. Addressing delegates, Emeran, who also serves as CEO of the Passenger Rail Agency of South Africa (PRASA), highlighted the urgent need […]

The African Energy Chamber (AEC) recently hosted the Invest in African Energies roadshow in Lagos, attracting over 250 Nigerian entrepreneurs and investors keen on exploring opportunities across Africa’s energy sectors. This event served as a precursor to the upcoming African Energy Week: Invest in African Energy 2024 conference in Cape Town, scheduled for November. Nigeria, […]

Saraya Japanese Middle East for Industrial Investment has inaugurated a $12 million factory in the Sokhna Integrated Zone within the Suez Canal Economic Zone (SCZone). The inauguration ceremony, held at the Orascom Industrial Development site, was attended by SCZone Chairperson Waleid Gamal El-Din, Japanese Ambassador to Cairo Oka Hiroshi, and Saraya Chairperson Yusuke Saraya. New […]

In a significant development, French businesses are set to amplify their investment in Egypt, with current financial commitments amounting to $7.2 billion across multiple sectors. This was the focal point of a recent meeting between Egyptian Prime Minister Mostafa Madbouly and leaders from the French Chamber of Commerce and Industry, alongside representatives from key French […]

At the Japan-Africa Business Forum in Tokyo, leaders from the African Development Bank (AfDB) emphasized Africa’s increasing allure as a prime investment destination for Japanese corporations. Highlighting the continent’s robust growth potential and supported by the AfDB’s risk management initiatives, the forum showcased opportunities ripe for exploration. Professor Kevin Chika Urama, Vice President and Chief […]

Africa is experiencing a notable shift in investment trends, particularly in the clean energy sector, despite a challenging global economic environment. In 2023, the overall value of international project finance deals in African nations decreased by 50% to $64 billion. However, the continent’s appeal for greenfield megaprojects has strengthened significantly, attracting several high-value initiatives. Major […]

TotalEnergies SE and the Nigerian National Petroleum Corporation (NNPC) are set to invest $550 million in a new gas processing facility in Nigeria’s Rivers State, according to sources. This investment aims to enhance both export capabilities and domestic gas supply, marking a significant development for Nigeria’s energy sector. Facility Development and Capacity The facility will […]

Africa Data Centres, a subsidiary of Cassava Technologies, has finalized a significant $110 million investment agreement with Rand Merchant Bank (RMB) aimed at enhancing its presence in South Africa’s digital infrastructure landscape. The financing, structured by RMB, underscores the strategic importance of meeting the growing demand for cloud computing services in the region. “This funding […]

Unifonic, a prominent AI platform and Software as a Service (SaaS) provider in the MENA region, has officially opened a new office in Egypt as part of its strategic expansion efforts. This move underscores Unifonic’s commitment to enhancing customer satisfaction and fostering innovation through localized support and advanced solutions. Founded in 2008, Unifonic has been […]

The Tunisian government has announced a comprehensive set of reforms aimed at enhancing investment and economic growth. These measures were revealed by Economy and Planning Minister Féryel Ouerghi during the opening of the 21st edition of the Tunisia Investment Forum (TIF) 2024, organized in partnership with the European Union (EU). New Initiatives to Attract Investment […]