Wednesday, March 29, 2017
Algeria

Algeria to launch $262 bln five-year investment plan

ALGIERS (Reuters) - Algeria will launch a new five-year investment plan worth $262 billion to boost domestic production and move its economy away from reliance on oil and gas, the government said. The OPEC member north...

Interview with H.E. Dr. Jakaya Kikwete President Of The United Republic Of Tanzania

TanzaniaInvest had the pleasure to conduct an exclusive interview with H.E. Dr. Jakaya Kikwete, President of the United Republic of Tanzania. In the interview TanzaniaInvest and President Kikwete discuss the current state of the...
samsung

Samsung plans to invest US$35 million in Egyptian market

The Korean company Samsung plans to pump new investments of up to US$35 million in its factory at Koam Abu Rady area  for refrigerators and washing machines industry in Beni Suef, head of the...

Ethiopia: Wise to Invest in Ethiopia, Says Premier Hailemariam

Prime Minister Hailemariam Desalegn has urged Japanese companies to invest in Ethiopia and benefit from the abundant options and incentives put in place in the country. The Premier held talks on Tuesday with a Japanese...
Qatar

Qatar firms explore investment opportunities in Ethiopia

The Qatari delegation in Ethiopia. Qatari firms are exploring investment options in the country’s banking, insurance, real-estate development, health and communication sectors. Qatar is exploring investment opportunities in Ethiopia’s banking, insurance, real-estate development, and health...

Which African cities will offer the best opportunities in the coming years?

CEOs are gradually recognising the untapped opportunities in sub-Saharan Africa. But which African cities will offer the best business potential in the coming years? A recent note by professional services firm PwC suggests the most lucrative...
Tecno

Chinese mobile phone company Tecno explains why it only does business in Africa

China-based mobile phone manufacturer, Tecno Telecom Limited, exclusively does business in Africa. Last year, the company released the first ‘made in Ethiopia’ smartphone. Tecno vice president, Arif Chowdhury was in Nairobi recently and told...
Infrastructure

Blackstone Invest in African Infrastructure Development Firm

Global asset management firm Blackstone have announced a partnership with Black Rhino, the infrastructure development firm founded in January 2012 by Brian Herlihy, the former CEO of the Seacom submarine cable development project. The...

SINGAPORE’S INVESTMENTS IN AFRICA HIT US$16 BILLION

Investments by Singaporean businesses into Africa have reached 16 billion US dollars. Singapore’s bilateral trade with Africa has grown at a compound annual growth rate of nearly 12 per cent over the past five years,...
energy

Africa: Will ‘Power Africa’ Help Grow Sustainable Energy?

Energy is recognised as a priority issue in the growing United States partnership with Africa, and is among the key themes of the U.S.-Africa Business Forum  being organised as an important core event of next...