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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Kenya’s Safaricom partners with Huawei to launch 5G network

Kenya's mobile service provider Safaricom said that it has partnered with Chinese technology firm Huawei to commercially launch the 5G network in the east African nation. Orginal Article Link:…

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Mauritius Freeport reaffirms its position for the second consecutive year as the leading free zone in Africa and IOC

The Mauritius Freeport has been recognized by the Financial Times' FDI Magazine as the best free zone in Africa and the Indian Ocean Commission region for the second year in a row. It also ranks tenth (10th) worldwide…

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Kenya and Uganda in deal to promote regional tourism

The two countries are banking on regional cities-eased travel requirements to improve the balance of trade by jointly promoting beaches and parks in the regions where citizens of the two countries are only allowed to…

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President Museveni commissions Dei Biopharma Pharmaceutical and Vaccine Plant

The President of Uganda Yoweri Kaguta Museveni, commissioned the Dei Biopharma manufacturing facility in Matugga, near Kampala. The pharmaceutical plant will produce high quality yet affordable medicines across a range…

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