Tag: Investment
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🇨🇲 Cameroon’s Kribi Port Invests CFA21.5 Billion to Increase Container Terminal Capacity by 30%
Cameroon’s Kribi Container Terminal has begun a reported CFA21.5 billion expansion that will add eight hectares and increase container-handling capacity by approximately 30%, with completion targeted for the fourth quarter of 2027. The investment is designed to support rising trade volumes and potential cargo generated by a planned industrial zone near the deepwater port.
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🇳🇬 Dangote Refinery Launches $1.6 Billion IPO in Africa’s Biggest Share Sale
Nigeria’s Dangote oil refinery is preparing a $1.6 billion initial public offering that would value the refinery at about $47 billion, in what Reuters reports would be Africa’s largest stock-market listing. The planned November listing marks a major stage in the development of the Lagos-based refine…
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🇯🇲 Ghana–Jamaica Trade Push Revives Bauxite Link and Opens New Atlantic Commercial Corridor
Accra/Kingston — Ghana and Jamaica are moving to turn decades of Pan-African solidarity into a more concrete economic partnership, with bauxite and aluminium, shipping, ports, investment, health, aviation and agriculture emerging as key areas of cooperation. The renewed relationship gained momentum in 2026 following the resumption of the Ghana–Jamaica Permanent Joint Commission for Cooperation (PJCC)…
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Sawiris Bets on Culture, Entertainment and Heritage to Revive Egypt’s Tourism Industry
Egyptian billionaire Naguib Sawiris is doubling down on investments aimed at transforming the visitor experience at some of the country’s most iconic ancient monuments. Through his company, Sawiris is expanding investments in tourism infrastructure and visitor facilities, while embracing major sporting events and international music concerts as part of a broader strategy to attract more…
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🇿🇦Is Johannesburg Collapsing? Why South Africa’s Economic Hub Is Facing a Deepening Crisis
Mounting debt, failing infrastructure, and governance challenges are raising concerns about the future of Africa’s largest city—and the lessons it holds for the continent.
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Income and Wealth Inequality Reaches Historic Levels Across the Globe
The gap between the world’s richest and poorest citizens has reached one of the highest levels in modern history, raising concerns about economic stability, social mobility, and long-term development across Africa and beyond. While global economies have recovered unevenly from recent financial crises, inflation, and the COVID-19 pandemic, wealth has increasingly become concentrated among a…