invests

Denmark’s Bold Initiative: A Gateway for African Students Denmark is embarking on an ambitious journey to enrich cultural and diplomatic relations by welcoming 230 African students annually over the next eight years. This initiative, as reported by LocalDenmark, aims not just to enhance education but to forge deeper connections that will serve both Denmark and the African continent. It's a remarkable vision, but what does it mean for the individuals…

The Douala-N’Djamena Corridor: A Pathway to Prosperity Imagine a bustling marketplace where goods from various nations converge to create a tapestry of culture and commerce. This is the vision underpinning the Douala-N’Djamena corridor, a vital infrastructure project linking Douala, Cameroon’s largest port and economic heart, to N’Djamena, the capital of Chad. This corridor is not just a road; it’s a lifeline, facilitating trade and transport across Central Africa, and promising to…

Highlights from the Eighth Ministerial Press Briefing in Abuja The eighth edition of the Ministerial Press Briefing Session took place at the National Press Centre in Abuja, Nigeria, where a lively discussion unfolded. At the heart of it was Hannatu Musawa, Nigeria's Minister of Arts, Culture, and the Creative Economy. With palpable enthusiasm, she unveiled a groundbreaking bilateral initiative between Nigeria and France aimed at bolstering the creative economy. This partnership signifies a pivotal step toward a more…

Since the grand announcement of the xAI project back in June 2024, the local planning and development agency finds itself inundated with no fewer than fourteen construction permit applications. This remarkable surge, however, might raise a curious eyebrow or two. Why so many, and why now? Altogether, these permits paint a picture of a project that's nothing short of ambitious. A staggering $405.9 million in estimated project costs is at stake here. Yet, what's piquing…

An Ambitious Leap: China's Bold Investment in TAZARA China Civil Engineering Construction Corp (CCECC), a name that resonates with sweeping infrastructural achievements, is setting its sails to invest an awe-inspiring $1.4 billion towards transforming a storied railway. This railway, a lifeline in its own right, stretches its sinews from Zambia's copper-hewn landscapes to Tanzania's bustling port of Dar es Salaam. TAZARA, a name that pulses with historical significance and economic necessity,…

ANCHORAGE, Alaska (AX) — From the frigid confines of an Anchorage jail, Roble Ahmed Salad, a 27-year-old Somali asylum seeker, epitomizes the intricate and often perplexing nature of immigration enforcement in the United States, particularly Alaska. The U.S. government has already invested thousands of taxpayer dollars in an attempt to deport this man, despite the clear and present dangers associated with returning anyone to Somalia. To paint a fuller picture, Salad has no criminal record, neither in America nor in…

At a groundbreaking ceremony for a new liquid oxygen facility on the Coast, key figures including Hiroshi Ogihara from the Japanese embassy, Paras Pandya, MD of Synergy Gases, Governor Gideon Mung'aro, and Unitaid's Robert Matiru came together. Unitaid, backed by UK funds, declared a hefty Sh2.8 billion investment aimed at aiding three oxygen manufacturers in Kenya and Tanzania. This significant boost is set to usher in Africa's maiden regional production of liquid oxygen. Aiming to enhance the availability of medical…

DP World invests $ 442 million in breakaway area in Somalia BERBERA, Somalia - DP World is investing no less than $ 442 million in Somaliland, a breakaway area in northern Somalia, with the intention of increasing the port of Berbera, which was lately launched and attended by many stakeholders from a number of components of the nation. Somalia and overseas. The corporate, which additionally…

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…