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The House of Representatives plans to investigate Family Homes Funds Limited for the use of N1.5 trillion earmarked for building 500,000 low-income houses. Concerns have been raised about the failure …
Nigeria’s House of Representatives Investigates Funding for Low-Income Housing Project Read More
Xinganglian (Shanxi) Holding Group is investing US$3.6 billion in Zimbabwe to develop the Palm River Energy Metallurgical Industrial Park. This project aims to utilize Zimbabwe’s natural resources to establish a …
China’s Strategic Investment in Zimbabwe: A New Steel Production Hub Read More
Egypt’s PMI exceeds 50 for the second month, indicating economic growth, said Prime Minister Mostafa Medbouly. Key indicators show an $8.7 billion increase in net foreign assets and rising foreign …
Positive Economic Developments in Egypt: PMI and Foreign Assets Growth Read More
Sayyid Badr Hamad Al Busaidi of Oman met with UK Secretary David Lammy in London, discussing the strategic partnership between the two countries. They expressed intentions to enhance cooperation across …
Oman and UK Strengthen Strategic Cooperation through Diplomatic Engagement Read More
In March, Egypt’s Ministry of Finance will conduct 32 treasury bill and bond auctions totaling EGP 730 billion. The auctions encompass various maturities and aim to refinance existing debt while …
Egypt’s Ministry of Finance to Auction $14.41 Billion in T-bills and Bonds in March Read More
American investors are appealing to President Bola Tinubu to address the demolition of their $250 million investment in Lagos, which they claim threatens investor confidence. They are requesting legal protections …
American Investors Urge President Tinubu to Protect $250 Million Investment in Lagos Read More
President Emmerson Mnangagwa has launched the $3.6 billion Palm River Energy Metallurgical Special Economic Zone in Beitbridge, Matabeleland South, backed by Chinese investment. The project aims to enhance Zimbabwe’s industrialization …
Zimbabwean President Unveils Chinese-Invested Industrial Park in Beitbridge Read More
Botswana and De Beers have introduced a marketing initiative to revive interest in natural diamonds amid a significant market downturn. Natural diamond prices have fallen by 26% over the last …
Botswana and De Beers Launch Marketing Initiative to Revive Diamond Sales Read More
In January, South Africa’s inflation rose to 3.2% year-on-year from 3.0% in December, remaining within the Reserve Bank’s target range. Core inflation was reported at 3.5%. The central bank’s recent …
South African Inflation Rises Slightly Amid Economic Caution Read More
Diaspora Kapita, founded by Zimbabweans abroad, plans to list on the VFEX to enable diaspora investments in Zimbabwe’s real estate market. The initiative involves issuing bonds repayable through property purchases, …
Diaspora Kapita To Launch on Zimbabwe’s VFEX, Targeting Diaspora Investments Read More