Nairobi — The Government will provide a sound and predictable investor environment in the country. President William Ruto said a more impartial and transparent regulatory framework will help inspire investor confidence. He said he will not compromise in his quest to maintaining a standard of management and governance that will stimulate capital markets activities. “It […]
Tag: Investment
Windhoek — Residence-by-Investment (RBI) programmes (also known as Golden Visa programmes) have become increasingly popular across the world, as ways to attract high net worth individuals into a country, and as a means to strategically revitalise national economies. Globally, more than 100 countries have targeted RBI programmes, with most regimes offering these investors permanent residence […]
Silicon Valley, Calif — The African Diaspora Network (ADN) will host the eighth edition of the African Diaspora Investment Symposium (ADIS23) from March 22 – 24, 2023 at the Computer History Museum in Mountain View California. This year, ADIS explores the theme – Future Ready Africa, with discussions around trending innovations, blueprints for the future, […]
Tokyo — The Angolan Head of State, João Lourenço, on Monday in Tokyo called on Japanese entrepreneurs to invest in various areas in Angola. Speaking at the Japan/Angola Business Forum, in the ambit of his four-day official visit to the “Land of the Rising Sun”, the Angolan President mentioned oil, gas, farming, fisheries, industry, tourism, […]
Multinational consumer goods company , Reckitt, has announced the public launch of its purely non-profit WiNFUND NFT Africa collection , a group of unique digital artworks that will create a community of innovators, investors and supporters to champion the next generation of African women tackling some of the continent’s biggest health challenges. Behind the mint […]
Malawi President Dr. Lazarus Chakwera has asked the European Investment Bank (EIB) to consider extending its support to the science and technology industry, stressing that the sector is key to industrialization. Chakwera made the plea when he held talks with EIB Chief Executive Officer, Thomas Ostrom, at the end of Monday’s deliberations during the fifth […]
The first-ever South Africa-Uganda Trade, Tourism and Investment Summit held in South Africa last week saw Presidents Yoweri Kaguta Museveni and Cyril Ramaphosa call for increased trade and investment. The two presidents discussed a litany of bilateral issues, including how to increase trade and investment between the two sisterly countries and to this, they witnessed […]
Addis Ababa — Ethiopia wants to attract even more additional investment from China in various sectors, Finance Minister Ahmed Shide told CGTN while visiting China. According to him, currently, Chinese investors are one of the major investors in Ethiopia in various areas. “We would like to consolidate those investments, we would like to attract many […]
Teheran — VICE President and Minister of Health and Child Care Dr Constantino Chiwenga yesterday met his Islamic Republic of Iran counterpart, Vice President Mohammad Mokhber, and extended an invite to Iranian businesses to explore investment opportunities in various economic sectors as well as invite him to a reciprocal visit to step up co-operation. VP […]
Nairobi — Norfund, the Norwegian government’s investment fund, has signed a USD14 million(Sh1.7 billion) financing agreement with Hela Apparel Holdings PLC to support the development of the firm’s operations in East Africa. The proceeds from Norfund’s investment will be utilized to strengthen Hela’s strategic supply chain partnerships in East Africa. This will enable Hela to […]
Cape Town — South Africa’s Finance Minister Enoch Godongwana delivered his 2023 budget to parliament today, against a backdrop of world economic decline, the effects of Covid-19 and the increasing impact of load shedding on the country. Among measures announced by the minister, is the bailout of Eskom to the tune of R248 billion – […]
Otjinene village in the Omaheke region has been experiencing a relatively high investor inflow for the past years. Otjinene Village Council CEO Ingenesia Kaveterua said this is mainly due to the village’s comparative strategic location. Otjinene is the district capital of the Otjinene constituency. It is further connected via a 157km tarred road to the […]
A delegation from Rwanda’s private sector, Rwanda Development Board (RDB) and the Rwandan embassy in the United Arab Emirates (UAE) are holding investment roadshows in UAE aimed at exploring investment and trade opportunities between the two countries. Taking place from February 21-25, the events are being organised in the Emirates of Abu Dhabi, Sharjah, Ras […]
The Société Nationale des Pétroles du Congo (SNPC) is thrilled to announce that its hydrogen project has been nominated for the Africa Investment Forum and Awards (AIFA) 2023’s best energy project. This nomination is a testimonial of SNPC’s solid commitment to the energy transition and the provision of clean energy solutions to the population of the […]
The Seychelles Investment Board (SIB) has registered an increase in investors in the cinnamon industry and efforts are being undertaken to assist them in their work. The SIB chief executive officer, Anne Rosette, told SNA that SIB now has a list of 20 investors who are joining the cinnamon industry. “We are quite satisfied with […]
While investing in school health and nutrition has a significant positive effect on children’s academic achievement, 1 in 3 schools in the world still lack access to drinking water and basic sanitation facilities, according to a new report to be launched on 8 February by UNESCO, UNICEF and the WFP. The report, ‘Ready to learn […]
Lack of an investor led to a 43 per cent decline in the production of silk cocoons in the 2021-2022 fiscal year, compared to the previous year, it has emerged. Silk cocoons are coverings of threads that are produced by silkworms after feeding on mulberry trees, and are used in the textile industry. As per […]
Sanctions against Zimbabwe over human rights violations is impacting its ability to secure capital for certain projects. Zimbabwe has managed to mobilise funding for climate-smart agriculture but struggles to attract investment for renewable energy. The country aims to reduce greenhouse gas emissions by 40% across all sectors of the economy by 2030. Washington Zhakata, Zimbabwe’s […]