investment

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,…

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…

In a high-profile meeting in Cairo on Tuesday, Crown Prince Mohammed bin Salman of Saudi Arabia and Egypt's President Abdel Fattah al-Sisi cemented plans to bolster their countries' trade and investment ties. They also issued a collective plea for peace, urging a halt to hostilities in Gaza and Lebanon.The Egyptian presidency revealed that the duo inked a pact designed to boost and safeguard shared investments. They also witnessed the creation of a supreme coordination council, aiming to tighten bonds between Riyadh and…

Mogadishu (AX) — Egypt’s Minister of Transport, Kamel El-Wazir, and a posse of Egyptian business folks are gearing up for a jaunt to Somalia soon. Their mission? To suss out promising chances for investment. Mahmoud Abdirahman Farah Benebene, the big cheese over at Somalia’s Ministry of Planning, Investment, and Economic Development, mentioned the crew’s visit is a springboard for yakking about and kicking off big infrastructure ventures. They’re especially keen on eyeing the nation’s ports for investments. Minister…

In recent days, a passionate group of environmental advocates filled the streets of Sandton and Cape Town, South Africa, making a resounding call for a boycott of an event known as Africa Energy Week, or Africa Oil Week, happening in Cape Town this week. Following a protest in Cape Town that drew inspiration from horror themes, activist Lisa Makaula had a conversation with Bush Radio’s Renato van Schalkwyk. Makaula emphasized the urgent need for the government to pivot its investments towards renewable energy sources,…

  Türkiye is setting its sights on new investment ventures in Somalia's central state, Galmudug, as per the Turkish envoy's announcement this Tuesday. Upon reaching Dusmareb, Galmudug's hub, a delegation headed by Türkiye's ambassador to Somalia, Alper Aktaş, engaged in talks with Ahmed Abdi Karie, the state's president, and his Cabinet members.They delved into discussions around kickstarting infrastructure initiatives in Galmudug and the potential impact of Turkish investments."We had fruitful discussions on the steps…

Gilles Yabi, last week you launched a petition calling for the improvement of health systems in West Africa and you also organized on Wednesday 15 March a virtual roundtable discussion on how health structures work. Why this focus on health right now?…

This is one of the effects of Sudan's return to the international scene, mining companies flock there to invest in gold and copper in particular. On June 17, the government granted nine mining concessions, eight for gold and one for copper. Companies from all over the world can now invest without worries since the lifting of US sanctions.…

May 26, the date of the new head of state's traditional investment, exacerbates political tensions as a new president should have taken office. But the head of state, Azali Assoumani, in office since 2016, was able to fight for his own legacy and was re-elected in 2019, following a constitutional amendment, in 2018. The national police were deployed in and around the capital.…

The luxury industry in Africa is still in its infancy, but it exists and is beginning to become visible. It is to accelerate development that LaureenKouassi-Olsson, a French-Ivorian entrepreneur, launches Birimian, an investment company focusing on African and Afro-luxury European. "One of the reasons for Yves Saint-Laurent's…