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World Food Day – Zero Hunger

World Food Day – Zero Hunger

October 16 is observed as the World Food Day in honour of the founding of the Food & Agriculture Organization of the UN in 1945. The theme for this year is “Change the future of migration. Invest in food security and rural development”. Check out some stats on WFD: 11.3% of the world’s population is hungry. That’s roughly 805 million […]

Aliko Dangote To Invest Up To $50 Billion In U.S., Europe

Aliko Dangote To Invest Up To $50 Billion In U.S., Europe

Africa’s richest man, Aliko Dangote, plans to invest $20 billion to $50 billion in the U.S. and Europe by 2025, in industries including renewable energy and petrochemicals. The 60-year-old Nigerian cement tycoon aims to move into these territories for the first time in 2020 after completing almost $5 billion of agricultural projects and an $11 […]

Aliko Dangote To Invest $4.6 Billion In Agriculture

Aliko Dangote To Invest $4.6 Billion In Agriculture

Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $3.8 billion in sugar and rice and $800 million in dairy production in the next three years as the company seeks to expand and deal with a shortage of dollars needed to import raw materials. The conglomerate plans to increase its production of sugar to […]

Congo In Talks With Russia’s VTB For $1 bln Investment

Congo In Talks With Russia’s VTB For $1 bln Investment

  Democratic Republic of Congo is in talks with Russian state-owned bank VTB over potential investments worth as much as $1 billion, Congolese officials said, though VTB said there had been no discussions about bilateral lending. Africa’s top copper producer has been hit hard by low commodity prices in recent years. It has only enough […]

G7 Must Invest In The Health And Rights Of Girls and Women For Shared Prosperity

G7 Must Invest In The Health And Rights Of Girls and Women For Shared Prosperity

We cannot support women as workers or entrepreneurs if we do not first invest in their basic health, rights, and well being On one hand, it is encouraging to see women’s economic empowerment gaining prominence as a smart investment for countries. The issue has been featured at the World Economic Forum, and the G20 group of […]

Tanzania Among Top Best Countries For Investment In Africa

Tanzania Among Top Best Countries For Investment In Africa

Tanzania has featured in a list of top ten most attractive for investment flowing destination into African continent, emerging the only state from East Africa bloc. According to Africa Investment Index 2016, Tanzania was slotted on position eight ahead of Namibia and Burkina Faso, but below Algeria (on position 7), Cote d’Ivoire (6) and Zambia (5). […]

Regional Partners Pledge Billions In Help For Tunisia

Regional Partners Pledge Billions In Help For Tunisia

Qatar said it would provide $1.25 billion in aid to shore up Tunisia’s post-revolution economy as regional and Western partners pledged extensive financial backing at an investment conference on Tuesday. The money from Qatar, announced by the emir, Sheikh Tamim bin Hamad al-Thani, is the biggest single offer of aid to Tunisia since a 2011 […]

FG, Singapore Sign Historic Investment Pact

FG, Singapore Sign Historic Investment Pact

The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah yesterday in Abuja signed a landmark investment guarantee pact, on behalf of the federal government with the government of Singapore. It also emerged yesterday that the total banking sector credit to the private sector rose to N16.18 billion in the third quarter (Q3) of the […]

Tanzania: Dar Urged To Tackle Issues On Investment Climate

Tanzania: Dar Urged To Tackle Issues On Investment Climate

 Tanzania should immediately address challenges highlighted in recent reports on the investment climate and ease of doing business, stakeholders have advised. Reports released recently by the Tanzania Private Sector Foundation (TPSF), the World Bank and the European Union (EU) have identified areas that should be reformed if the country expects to improve the business environment […]

EAC Women Business Leaders Call for More Support

EAC Women Business Leaders Call for More Support

Regional governments have been urged to give more support to women in business to enhance entrepreneurship and ensure equitable and sustainable development. Mary Muthoni, the chairperson of Women in Business Committee at Kenya National Chamber of Commerce and Industry (KNCCI), said women entrepreneurs have limited access to affordable credit, and lack skills required to provide […]

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