Tag: Foreign Investments
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π¬πΆ Equatorial Guinea plans to engage foreign company for geological exploration
The government of Equatorial Guinea has decided to expand studies of the countryβs subsoil to obtain accurate data on its mineral resources with the assistance of a foreign company. This was reported by the AhoraEG portal following a meeting chaired by Vice-President Teodoro Nguema Obiang Mangue in the city of Ciudad de la Paz. It…
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The number of countries investing in Zimbabwe rose by 35% to 46 last year, the government says
The Zimbabwean government also issued licenses to 615 new foreign investors, a 130% increase from 2022, said Willard Manungo, deputy chief secretary in the Office of the President and Cabinet, at a recent Zimbabwe Investment and Development Agency (ZIDA) stakeholder forum. According to him, China remains Zimbabwe’s largest investor, with new investments coming from South…
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TotalEnergies and Amni to Invest Over $1bn in Ima Gas
TotalEnergies is intensifying its investments in Nigeria’s energy sector with a focus on expanding its presence in the gas industry. The French energy giant, in collaboration with Amni International, is set to invest over $1 billion in the development of the Ima gas field. This substantial investment underscores TotalEnergies’ commitment to enhancing its gas production…
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Italy Increases Tax on Foreign Billionaires
Prime Minister Giorgia Meloni has decided to raise the amount collected from 100,000 to 200,000 euros a year: it must be paid by wealthy foreigners living in the country and investing in its economy. In this way, the authorities hope to cover the budget deficit, which last year amounted to 7.4% of GDP. The measure…
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