The Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia partnership and …
Angola
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Africa NewsFeature
Angola aims to re-enter international bond markets in ’24
by Aya Anwarby Aya AnwarAngola aims to re-enter the international bond markets this year with a $1 billion bond, Finance Minister …
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Africa NewsBanksEnergyFeatureIndustry & TradeMoney
Africa Energy Bank to start operating in ’24
by Aya Anwarby Aya AnwarThe proposed Africa Energy Bank, focusing on oil and gas investments continent-wide, plans to commence operations later …
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Africa NewsEditors' PicksFeatureIndustry & TradeTech/AI
Diamond producer De Beers sings 3 new contracts with Angola
by Aya Anwarby Aya AnwarDiamond producer De Beers, a division of Anglo America, has inked three new contracts with Angola to …
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The African Export–Import Bank (Afreximbank) has signed on Sunday a dual tranche term loan facility worth €175 …
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African Export-Import Bank (Afreximbank) signed on Sunday a $30 million Corporate Loan Facility with Griner Engenharia, a …
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Egypt NewsFeatureMoneyNewsTech/AI
Microsoft seeks to bring satellite internet for millions in Egypt, African countries
by Nada Aliby Nada AliMicrosoft has announced on Wednesday about its plans to bring internet access via satellite to 10 million …
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Africa NewsEditors' PicksFinancial InstitutionsMoney
Capital Economics: The indirect coronavirus fallout is ‘battering’ Africa economies
The indirect economic fallout from the coronavirus outbreak is hitting Africa, with the sharp decline in commodity …
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Industry & Trade
Egypt’s El Sewedy Electric unit inks $484.5mn Angola power stations deal
by Yomna Yasserby Yomna YasserA subsidiary of El Sewedy Electric has sealed a $484.5 million contract to build three power stations …
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Ernst and Young stated that Egypt is the second most attractive country in Africa for foreign direct …