Browsing Tag
investment
Africa Investment Forum Market Days opened Wednesday with government leaders and development experts urging expanded private‑sector participation, innovative financing solutions and accelerated policy reforms to unlock the continent’s economic potential. Speakers at the 2025 Africa Investment Forum (AIF) Market Days emphasized that private capital, new financing instruments and faster regulatory change are central to closing investment gaps across energy, infrastructure, agribusiness and manufacturing. Delegates described…
Dangote Secures $1 Billion Investment Commitment for Zimbabwe Expansion
Aliko Dangote signs US$1 billion investment deal with Zimbabwe Aliko Dangote, widely regarded as Africa’s richest man, has signed a landmark US$1 billion investment agreement with the government of Zimbabwe, officials said, marking a significant vote of confidence in the country's economy under President Emmerson Mnangagwa. Deal scope and sectors According to the terms announced after a meeting between Dangote and President Mnangagwa, Dangote’s conglomerate will channel funds into cement manufacturing, power generation…
Disputes Over Gold Claims Trigger Violent Clashes in Northwestern Zambia
Violence erupts as social-media-fuelled gold rush swamps northwestern Zambia Hundreds of police clashed with thousands of informal miners this week in northwestern Zambia after viral posts claimed gold lay just beneath the surface across a wide rural swathe. The sudden influx — tens of thousands of people by local estimates — overwhelmed local authorities, sparked allegations of bribery and violence, and prompted a delegation of senior ministers to the scene in a bid to restore order. Officials said security forces had…
U.S. Eyes Liberia’s Rich Mineral Resources for Investment Opportunities
Unlocking Potential: U.S.-Liberia Relations and the Minerals Frontier In the muted halls of Washington, a significant dialogue unfolded last week that highlights the intricate dance of geopolitics and resource diplomacy. U.S. Secretary of State Marco Rubio met with Liberian Foreign Minister Sara Beysolow Nyanti, discussing the expansion of American interests in Liberia's critical minerals sector. This meeting is more than just a diplomatic handshake; it symbolizes a burgeoning relationship that could redefine not just…
Somalia and Uganda to Ink Three Investment MoUs at Kampala Summit
Uganda and Somalia Seek Deeper Ties — But Will MoUs Become Markets? KAMPALA — When Presidents Yoweri Museveni and Hassan Sheikh Mohamud meet in Kampala on Oct. 7–8 for the Second Joint Permanent Commission (JPC) Investment and Business Summit, they will do more than pose for the customary handshakes and cameras. The pair are expected to sign three memorandums of understanding on trade and investment promotion, tourism development and diplomatic collaboration — documents that, if implemented, could nudge a historically…
Somalia’s Prime Minister, German Ambassador Discuss Fresh Investment Opportunities
Somalia Courts German Investment as Mogadishu Seeks to Turn Stability Gains into Jobs On a sweltering Monday in Mogadishu, Somali Prime Minister Hamza Abdi Barre sat down with Germany’s ambassador, Sebastian Groth, for a conversation that was part pitch, part signal. Somalia, he said, has “vast investment potential” in fisheries, industry and livestock. Germany, Groth responded, is preparing to send senior officials to explore those opportunities on the ground. It wasn’t a flashy announcement—no ribbon cuttings, no signed…
Kenya Airways Seeks $500 Million Investment to Grow Aircraft Fleet
Kenya Airways: Navigating Turbulence and Anticipating New Horizons Amidst the riveting expanse of African skies, Kenya Airways, one of the continent's airline giants, finds itself grappling with financial headwinds yet plotting a hopeful course toward recovery and growth. As the airline announced plans to secure at least $500 million in new capital by next year’s first quarter, it underscores a dynamic mix of challenges and ambitions in the aviation industry. A Journey Through Financial Storms Kenya Airways, often hailed…
Oman and Somalia Explore Opportunities to Boost Investment in the Livestock Industry
Muscat: Qais Mohammed Al Yousef, the esteemed Minister of Commerce, Industry, and Investment Promotion, had an insightful meeting on Tuesday in Muscat with Hassan Hussein Mohamed, Somalia's Minister of Livestock, Forestry, and Range, who is gracing Oman with his presence during an official visit.In this meeting, they explored ways to enhance collaboration in the realm of livestock and meat production. The dialogue also touched on bolstering joint investments and other industries that cater to the shared aspirations of both…
Leaders Encouraged to Tackle Regional Challenges at COMESA Summit
Leaders from the Common Market for Eastern and Southern Africa (COMESA) are being called upon to engage in crucial conversations aimed at halting the violence in the eastern part of the Democratic Republic of Congo, while also exploring strategies to safeguard civilians caught in the turmoil in Sudan. These discussions are set to unfold at the forthcoming summit in Burundi. "This summit presents a vital platform for African leaders to confront the ongoing crises in Congo and Sudan, among others. They must create tangible,…
Northeastern State’s Environment Minister Advocates for Solar Energy Investment to Combat Deforestation in Somalia
Klarionogy: Calling for a Bright Solution on Energy Shift in Somalia’s Northeastern State AXADLE, Somalia - Mohamed Abdirahman, the dude steering Northeastern State's Environment and Climate Change helm, is ringing alarm bells about their dangerous affair with wood fuel. A colossal 85% of their juice comes from good ol’ firewood and charcoal, leaving forests in tatters. Abdirahman passionately voiced, "Our current ways are razing our woods. Switching to solar is our ticket to save the trees and Northeastern State’s…
