Tag Archives: investment

Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has set in motion the largest drop in global energy investment in history with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new …

UK puts visas into pitch for post-Brexit trade with Africa London, United Kingdom | AFP | Prime Minister Boris Johnson told African leaders Monday that Britain would be more open to migrants from their continent after Brexit as he hosted a summit intended to boost trading ties. He also promised …

China starts lifting restrictions on foreign investment Beijing, China | AFP |  China has started lifting major restrictions on foreign investment in its financial sector, a move long demanded by the United States as the world’s two biggest economies are locked in a fierce trade battle. From the start of …

Kampala, Uganda | THE INDEPENDENT | The Nordic and East African countries have held the first ever business expo and conference aimed at opening up investment opportunities in the two world economic regions. Organized by Ferrum Capital, Debridge, Uganda Embassy to the Nordic Countries and Uganda Urban Expo, the three …

Washington, United States | AFP |  As a professional woman in her late 30s, Kate Packard was keen to start investing. Like many novices, her enthusiasm took a knock when she hit a wall of impenetrable jargon — and was all but killed off by “mansplaining” from the men around …

    Kampala, Uganda | THE INDEPENDENT | A team of Egyptian investors plan to set up a home appliances assembly plant in Uganda. The plant will be used to assemble parts of fridges, gas cookers and washing machines. The plan was disclosed by Egypt’s First Assistant to the Minister of …

Kampala, Uganda | THE INDEPENDENT |  Sanlam Kenya now wants directors of companies that defaulted on Ksh1.15 billion through corporate bond issues held personally liable for “misleading” the investment firm, according to Business Daily. CEO Patrick Tumbo said the company will take legal action against firms such as Kaluworks, a …

But will oil companies pump money into key infrastructure projects to meet new first oil timeline? Kampala, Uganda | RONALD MUSOKE | Uganda’s oil and gas industry is expected to rake in investments worth over US$ 1 billion this year,according to senior energy ministry officials. The outlay for this year is part of …

Abidjan, Ivory Coast | AFP | Mining companies have invested at least $5 billion towards gold exploration in West Africa in the last decade but significant reserves are under-exploited, mineral industry experts said on Tuesday. Delegates at the Ecomof mining and petroleum forum in the Ivory Coast commercial capital Abidjan …

The recent Africa Investment Forum provided a safe, stable marketplace to accelerate deals COMMENT | AKINWUMI A. ADESINA | For any investor interested in Africa, there was only one place to be last week: Johannesburg. When the three-day Africa Investment Forum opened on November 7, a total of 61 deals with …