Rwanda Development Bank launches sustainability-linked bond to promote inclusive sustainable development
November 22, 2023 | Rwanda | African Business Communities
The Development Bank of Rwanda (BRD) launched its inaugural Sustainability-Linked Bond (SLB) on the Rwanda Stock Exchange. The SLB supports BRD’s commitment to mainstreaming environmental, social, and governance (ESG)…
Mauritius Telecom eyes Africa expansion
November 21, 2023 | Mauritius | Technical Central
Mauritius’s state-owned telecommunications operator is assessing opportunities in several African nations as part of a key strategic initiative to diversify out of the Indian Ocean island market. Mauritius Telecom is…
Malawi, Zambia, Mozambique commit to regional integration, cooperation
November 21, 2023 | Malawi | Malawi Nation
President Lazarus Chakwera signed three trilateral agreements with presidents of Mozambique and Zambia, Felipe Nyusi and Hakainde Hichilema, to boost regional integration and cooperation. The three presidents signed an…
Technology: Blueline launches a very high-speed satellite Internet solution
November 21, 2023 | Madagascar | Midi-Madagasikar
A better future in short for Madagascar's Internet connectivity and which will strengthen its position as leader in this area in Africa. The offer of fast connectivity, with a speed of up to 50 Mbps, will notably open…
Carrefour opens new store in Nairobi CBD
November 21, 2023 | Kenya | The Star
The retail franchise, owned by Dubai-based Majid Al Futtaim, now has 21 stores, 17 of which are in Nairobi while Kisumu and Mombasa host two stores each. “The opening of the new store is a testament to Majid Al…
New building at Hwange National Park aims to support tourism and conservation in Zimbabwe
November 21, 2023 | Malawi | Maravi Express
The new complex is the first significant investment since ZimParks and IFAW extended their partnership to a 25-year, US$50 million conservation agreement. The investment, which has the endorsement and blessings of the…
Kenyan youth to benefit from over 300,000 jobs in Google, Intel, Apple
November 20, 2023 | Kenya | Business Insider
Kenyan youth are poised to benefit from over 300,000 jobs in global tech giants Google, Intel, and Apple, following successful negotiations between the Kenyan government and the companies. President William Ruto, who…
A new $850m route to speed up Congo’s copper exports
November 20, 2023 | DR Congo | Money Web
An $850 million road project connecting copper and cobalt mines in the Democratic Republic of Congo through Zambia to an East African port will cut more than 150 miles from the existing journey, according to the company…
IsDB and Comoros Strengthen Collaboration in Health, Trade, and Private Sector Development
November 20, 2023 | Comoros | ISDB
Islamic Development Bank President and Group Chairman, H.E. Dr. Muhammad Al Jasser, says the premier Multilateral Development Bank of the Global South will continue engaging with the Comoros in strategic development…
Turkish Vestel, Zorlu to establish home appliances factory in Egypt with $70 mln initial investment
November 14, 2023 | Egypt | Ahram English
Turkish companies Vestel, a home and professional appliance manufacturer, and Zorlu, a multinational holding company, are planning to establish a home appliances factory in Egypt with over $70 million investment for the…
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