Egypt has awarded eight gold and metal mining exploration licenses in the country’s eastern desert region.
Timbuktoo, the headquarters of the United Nations Development Programme’s (UNDP) new innovation financing hub will be based in Kigali, Rwanda.
A Saudi delegation led by Royal Court adviser Ahmed bin Abdulaziz Kattan has visited a number of East and Southwest African states in an effort to boost economic and political ties while seeking support for the Kingdom’s hosting of Expo 2030 in Riyadh.
Startups saw record levels of VC investments, according to reports by CB Insights, a leading technology insights firm, which reported global investments of USD 621 billion last year.
In an effort to further renewable energy development SCzone, Egypt’s sovereign wealth fund, has signed a deal to implement the production of 300,000 tons of green ammonia.
The Kingdom of Morocco is aiming to increase its renewable energy output to 12 gigawatts by 2030, according to government sources. The announcement was made at the World Utilities Congress in Abu Dhabi.
Zimbabwe’s participation in the UAE’s Expo 2020 has resulted in a significant rise in enquiries regarding investment opportunities.
n a move that highlights international confidence in Egypt’s ongoing recovery from its currency crisis, the impact of Covid-19 and the difficulties caused by the Ukraine conflict, international rating agency Fitch has assigned the Egyptian economy a rating of B+.