Invest in Africa

Africa in 2023: Navigating Coups, Climate Challenges, and the Cost of Living

As the year 2023 comes to an end, Africa finds itself at the crossroads of political upheaval, climate crises, and economic challenges that have collectively shaped the continent’s trajectory. From government coups and their ripple effects to the ongoing battle against climate change and the struggle to manage rising costs of living, Africa faces a …

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S’African Billionaire, Oppenheimer buys 100% stake in Nigerian Can Manufacturer

A South African businessman has acquired a 100% stake in Nigeria’s biggest beverage can manufacturer, GZ Industries. The deal was announced recently by Johannesburg-based Global Beer Company, which is controlled by Jonathan Oppenheimer, the son of South African billionaire Nicky Oppenheimer. The acquisition is a major boost for GZ Industries, which has been struggling in …

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Afreximbank to inject $1 billion Fund to Boost Africa’s Film Industry

The African Export-Import Bank (Afreximbank) has announced plans for a $1 billion African Film Fund to support and finance the continent’s film sector. This significant investment aims to bolster the industry’s growth and unlock its vast potential to contribute to Africa’s economic and cultural development. What you should know The establishment of the African Film …

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EU to Invest €8 billion in Africa’s Agric Sector

The European Union (EU) has pledged to invest €8 billion in African agriculture over the next seven years. This significant investment aims to boost food production, create jobs, and improve food security across the continent. The funds will be used to support a variety of initiatives, including: Increasing agricultural productivity: This includes investments in irrigation …

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UK Supreme Court Rules Against Rwanda Asylum Deal

In a landmark ruling on November 15, 2023, the UK Supreme Court ruled that the government’s plan to send asylum seekers to Rwanda is unlawful. The court unanimously found that the policy put asylum seekers at real risk of ill-treatment and violated the UK’s obligations under the Refugee Convention. The policy, which was announced in …

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The Biden-led US Government, Africa set to announce new trade and investment deals

The Joe Biden-led white house is ramping up its investment in Africa with a new trade and investment deal on the horizon.  According to a recent announcement from the White House, the United States and Africa are poised to announce a number of new trade and investment deals.  The deals are expected to cover a …

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Saudi Arabia Pledges $25 Billion in Investment for Africa, to increase Diplomatic Presence

As part of efforts towards strengthening ties with Africa, the Crown Prince of Saudi Arabia, Prince Mohammed bin Salman has announced the Kingdom’s inject over $25 billion in new Saudi Investments into the continent. Prince Salman made this known during the just concluded Saudi Arabia-Africa Summit in Riyadh, Saudi Arabia. The leaders of Saudi Arabia …

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China, Africa deepen ties with new trade and investment deals

As part of efforts to sustain the enduring bilateral relations between China and Africa, the South-East Asian country and Africa have signed a series of new trade deals to promote shared interests and economic growth. The deals were signed on the sidelines of the Forum on China-Africa Cooperation (FOCAC), a major summit that takes place …

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