Egyptian Oil Minister Tarek al-Mulla announced that his ministry planning to attract about $10 billion worth of new investments during the current fiscal year 2018-2019, in order to search and.
The multinational oil company ENI will continue to invest in Angola where it has recorded an increase in production of 50,000 barrels/day in the last 12 months. The company’s CEO,.
The Minister of Trade and Industry, Dr. Rob Davies, says that the investment in economic growth is not limited to job creation and economic inclusion for all. Davies was addressing.
Egypt’s Minister of Investment Sahar Nasr praised Rand Merchant Bank’s (RMB) choice of Egypt as the best investment destination in Africa for 2019, an achievement which the large North African.
Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI) in the country rose to an estimated.
South Africa has investment commitments of $35 billion as part of plans by President Cyril Ramaphosa to attract $100 billion over the next five years to revive the country’s flagging.
Saudi-based Islamic Development Bank (IDB) plans to launch two funds focused on Africa and Asia in 2019, Arab News reported. The new funds aim to raise a combined $1 billion.
Egyptian President Abdel-Fattah El-Sisi discussed economic ties and tourism and energy cooperation with Greek Prime Minister Alexis Tsipras during talks in Crete on Wednesday, his spokesman said in a statement..
Angola’s Banco de Fomento (BFA) has opened in Cabinda its first investment Center in BFA in the province and the 10th specialized point in the country. The Cabinda investment center.
Vice President Yemi Osinbajo says the Federal Government has spent N1.7 trillion in capital investment in two budget years. Osinbajo disclosed this while addressing participants at the 9th Presidential Quarterly.
