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Page : 231 - Results of 2301 to 2310 from 19732 Results

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03/10/2025
(REPUBLIQUE DE DJIBOUTI) - The Republic of Djibouti welcomes the arbitral award rendered on 29 September 2025 by the London Court of International Arbitration (LCIA). This decision, which is not subject to appeal, represents a particularly significant victory for the Republic of Djibouti and for Port de Djibouti SA (PDSA) in the dispute opposing them to DP World. In this proceeding, DP...
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03/10/2025
• South African vehicle exports recorded a surprise 32.9% surge in Sept 2025, showing resilience despite US tariffs that caused sharp drops earlier.• The domestic auto market also boomed, with September sales reaching a 10-year high of 54,700 units. This marks a strong 24.3% increase from 2024.• The domestic sales boom was supported by favorable economics: inflation eased to 3.3%, interest...
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03/10/2025
• Uganda targets to start operations at the Kabaale oil refinery between late 2029 and early 2030, with a capacity of 60,000 barrels per day and a $4 billion investment.• The government will finance 40% of the project, backed by a partnership with UAE-based Alpha MBM, and link it to an industrial park attracting $3–4 billion in investments.• The refinery aims to cut fuel import...
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03/10/2025
• AAAS Energy and ChillMine will build a green-powered data center campus in Botswana for AI and cloud services.• The project will reduce hosting costs, enhance reliability, create jobs, and expand Botswana’s digital economy.• Botswana has over six data centers and is experiencing fast growth, giving it an edge as it competes with South Africa’s larger market. A new partnership between...
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03/10/2025
• Kenya has inaugurated an electric vehicle (EV) assembly plant at Olkaria with an annual capacity of 50,000 units.• The project aims to generate over 13,000 jobs (direct and indirect) and leverages geothermal energy access.• The Kenyan government targets to raise EVs to 5 % of annual vehicle registrations and cut emissions 32 % by 2030. The Kenya Electricity Generating Company...
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03/10/2025
• Côte d’Ivoire signed a CFA20 billion ($35.8 million) loan deal with Germany’s KfW to finance an energy efficiency program.• The program will replace 31,000 public street lamps in Abidjan with LED lights and renovate government buildings.• Authorities expect to save 24,148 MWh annually, cut state electricity costs by $3.9 million and reduce 9,631 tons of CO₂ emissions per...
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03/10/2025
• The project is a landmark in Angola's digital economy, it provides 3MW of IT power and houses 800+ racks.• The carrier-neutral facility boasts Tier III+ resilience and green power. It backs the govt's plan to make Angola a key regional technology hub.• The center addresses a key gap between huge digital demand and scarce local infra. It is poised to create tech jobs and cut overseas...
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03/10/2025
• The Islamic Corporation for the Development of the Private Sector (ICD) provided Uganda Development Bank (UDB) with $30 million, marking its first financing deal in Uganda and East Africa.• The facility, structured under Islamic finance principles, will expand SME access to credit in key sectors including agriculture, manufacturing, healthcare, and education.• Uganda projects 8%...
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03/10/2025
• Seychelles signed a 25-year power purchase agreement with France’s Qair for a 5.8 MW floating solar plant.• The project, Seysun Lagoon Floating PV, is financed by a $5.7 million senior loan from the Facility for Energy Inclusion (FEI).• The government targets 15% renewable energy in its national mix by 2030. The Republic of Seychelles has launched construction of a 5.8 MW floating...
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03/10/2025
• Wafa Assurance posted a group net income of MAD 692 million in H1 2025, up 0.7% year-on-year.• Consolidated revenue rose 10.3% to MAD 7.88 billion, driven by strong life and savings operations abroad.• Shareholders’ equity increased 13.8% to MAD 14.3 billion at end-June Wafa Assurance, the insurance subsidiary of Moroccan investment holding Al Mada and Attijariwafa Bank, reported...
 

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