President Dr. Lazarus Chakwera on Thursday outlined his ambitious plans to develop the water sector in Malawi, stressing that, beyond drinking and domestic use, access to clean water has far-reaching effects on the economic life of any community. Speaking at the commissioning of the Mangochi Water Supply Extension Project on Thursday, Chakwera said this is […]
Tag: Investment
The United Nations Children’s Fund (UNICEF), on Wednesday, joined others to mark the 2023 international Day of the Girl Child with a call for more investment in the girls. International Day of the Girl Child is an annual and internationally recognized observance on October 11 that empowers girls and amplifies their voices. This year, UNICEF […]
A reconstructed energy transition agenda and annual investment of about $25 billion would help address Nigeria’s energy woes and support the country’s efforts to realise 4 million barrels daily oil production. This is the calculation and view expressed by the executive chairman of AA Holdings, Austin Avuru, at the 2023 annual conference of the National […]
‘Mauritius will continue to fulfill its promise of delivering on the “Africa We Want” in line with the vision of the African Union Commission’s 2063 Agenda and work towards a common objective of creating a sustainable and inclusive environment to attract investment for Africa’s growth’. This statement was made by the Minister of Financial Services […]
The White House released a statement on what the American and South African NSAs discussed. The White House said Monday that National Security Advisor Jake Sullivan spoke on the phone with National Security Advisor Sydney Mufamadi of South Africa. During what has been described as a productive phone call, Mr Sullivan “appreciated the seriousness with […]
Nairobi — Chinese investors and businesspeople operating in Kenya and East Africa will access banking services after the relaunch of the China Desk by Absa Bank Kenya. The new desk, which is fully staffed with Mandarin-speaking professionals, will offer project and trade financing as well as foreign exchange and hedging, cross-cultural expertise, and access to […]
AS the United Nations General Assembly, UNGA, continues in New York, the Minister of Solid Minerals Development, Dr Dele Alake, has told investors that Nigeria’s minerals deposit was worth $700 billion. Alake who disclosed this in a statement signed by the Deputy Director, Information, Ministry of Solid Minerals Development, Alaba Balogun, said at an event […]
The federal government has welcomed the services and Investment interest offered and declared by the Egyptian Civil Aviation Authority. While receiving the Egyptian Minister of Civil Aviation, Lt. Gen. Mohammed Abbas Helmy (rtd), in Abuja, the minister of Aviation and Aerospace Development for Nigeria, Festus Keyamo, said Nigeria’s arms are open to investors. He appreciated […]
Addis Ababa — The Deputy Prime Minister and Minister of Foreign Affairs of Ethiopia, Demeke Mekonnen, received at his office, Hak Cheol Shin, the Special Envoy of the Foreign Minister of the Republic of Korean. During their discussion Demeke expressed that it is a high time to strengthen the relations between Ethiopia and South Korea […]
The Economic Development Board (EDB) in collaboration with the Ministry of Finance, Economic Planning & Development (MOFEPD) will host the Africa Partnership Conference (APC) on the 2nd and 3rd October 2023 at the Intercontinental Balaclava Fort, Mauritius. The conference themed ‘Unity in Partnership: Enabling Sustainable & Inclusive Investment’ echoes with our objective and is testament […]
Washington, DC — Mauritius, the Indian Ocean island-nation located off the southeast coast of continental Africa – known for powder-white beaches and luxury tourist attractions – has one of Africa’s strongest economies. The World Bank ranks the country of 1.2 million people, with a Gross Domestic Product (GDP) of nearly $13 billion, as upper-middle-income. Per […]
Tony Elumelu, Group Chairman, Heirs Holdings, has urged indian investors to channel their resources towards the Nigerian economy, saying this is the best time to invest in Nigeria. According to a statement in Lagos on Sunday, Elumelu wooed the investors at the Nigeria-India Presidential Roundtable and Conference in New Delhi, convened by President Bola Tinubu […]
Nairobi, Kenya — Africa contributes less than 4% of global greenhouse gas emissions, yet it suffers some of the worst effects of rising global temperatures. African countries are taking the climate crisis seriously and are stepping up their actions to address it. They recognise that the impacts of climate change are disproportionately felt by the […]
Africa and the Caribbean share deep historical and people-to-people ties. Indeed, the African Union has identified the Caribbean as Africa’s sixth region. The shared experience of the climate emergency has created another commonality, and one that presents an existential threat to both regions, particularly for small states. African governments, similar to their Caribbean counterparts, have […]
The United Arab Emirates (UAE) has pledged $4.5 billion in clean energy investments in Africa at the landmark Africa Climate Summit in Kenya’s capital Nairobi on Tuesday. The investment is designed to “jumpstart a pipeline of bankable clean energy projects in this very important continent”, Sultan Al Jaber, head of the UAE’s national oil company […]
Cape Town — Cabinet Warns Western Cape Govt That South Africa Remains One Country Minister in the presidency Khumbudzo Ntshavheni says the national government will not allow the Western Cape province to usurp its powers, TimesLive reports. In a post-Cabinet media briefing on Thursday, she said the government has the responsibility to remind the […]
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Africa: Brics Transforms Africa’ Fortunes
Africa’s fortunes, including Zimbabwe, are changing for the better as a result of partnerships with BRICS countries resulting in the acceleration of infrastructure development, Pan-African Parliament (PAP) president Chief Fortune Charumbira, has said. He said the continent continues to register economic growth despite illegal sanctions imposed on some African countries including Zimbabwe and Sudan, by […]
Johannesburg — Vice President Dr Constantino Chiwenga arrived here yesterday to represent President Mnangagwa at the ongoing BRICS 15th Heads of State and Government Summit as Zimbabwe seeks to join leading economies in the emerging global order for the development of its economy. BRICS is an economic bloc comprising Brazil, Russia, India, China and South […]