Rwanda, Volkswagen sign MoU to start GenFarm project

Volkswagen has signed a memorandum of understanding (MoU) with the Government of Rwanda to establish a modern farm with electric tractors. The objective of the GenFarm Project in Rwanda is to make positive sustainable…

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US-Kenya announce $55 mn co-investments in apparel sector at roadshow

US Government’s Prosper Africa initiative and the US embassy in Kenya kicked off the 2023 US-Kenya Business Roadshow in New York City, which convened leading businesses and investors along with a delegation of Kenyan…

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Rwanda, Seychelles waive visas, ink five pacts to deepen relations

The bilateral agreements signed aim at fostering cooperation in the field of defense and security, law enforcement, agriculture, health, and tourism. "Building on our strong bilateral ties, we intend to deepen our…

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Djibouti and Rwanda foreign ministers sign cooperation agreements

The Foreign Ministries of Djibouti and Rwanda signed three agreements to strengthen cooperation in diplomatic training, agriculture and tourism. On the agreements signed, both foreign ministers agreed on the need for…

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Egypt’s four telecom companies to shift to renewable energy

The four telecommunications firms operating in Egypt contracted with the state-run New and Renewable Energy Authority (NREA) to purchase electricity sourced from clean and sustainable energy sources. The Egyptian…

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Kenyan agri-tech startup iProcure expands to Tanzania

Kenya’s iProcure, a leading data-driven agricultural input supply company, has announced its expansion into Tanzania through its partnership with the Farm to Market Alliance (FtMA). Launched in 2013, iProcure has…

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Qatar Authority studying a green hydrogen project in Egypt with investments exceeding $1bn

The Qatar Investment Authority — the investment arm of the country — is studying a new investment project in the field of renewable energy in the Suez Canal Economic Zone (SCZone) with investments exceeding $1bn.…

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Egypt to grant ‘golden license’ in a bid to boost investment

Egyptian President Abdel Fattah Al-Sisi has announced granting ‘golden licenses’ to investor applicants in the north African country for a period of three months, in a bid to speed up projects and boost investment.…

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Egypt’s fintech firm Money Fellows raises $31m in series B funding round

Egyptian fintech company Money Fellows has raised $31 million in a series B funding round led by CommerzVentures, as it aims for geographical expansion. Orginal Article Link:…

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Destination Madagascar: One million tourists expected in 2028

"Towards a new era of tourism investment for national economic growth and the influence of the Madagascar destination". This is the first theme chosen during the National Investment Forum for the emergence of…

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