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Page : 638 - Results of 6371 to 6380 from 23317 Results

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17/09/2025
Qatar Investment Authority (QIA) will invest $500 million in Ivanhoe Mines. The investment gives QIA approximately a 4% stake in Ivanhoe. Ivanhoe will use the funds to advance its "essential minerals" projects, including the Kamoa-Kakula copper mine. On September 17, Ivanhoe Mines revealed the QIA's $500 million investment. The Canadian company, a co-owner of the...
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17/09/2025
U.S. Representative Brian Mast introduced a bill to condition IMF aid to Zimbabwe on full compensation for expropriated white farmers. Zimbabwe signed a $3.5 billion compensation agreement in 2020, but payment progress remains slow. The proposed bill mandates inflation-adjusted compensation and prohibits local currency-denominated payments for arrears within 12 months of...
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17/09/2025
Starlink halts sign-ups in Lagos, Abuja as Nigeria demand overwhelms satellite capacity. Prices up, speeds down: Nigeria’s waitlists expose limits of Musk’s asset-light Africa model. MTN, Airtel race ahead with fiber, 5G as Starlink risks sliding into premium niche status. Starlink, the satellite internet service owned by Elon Musk’s SpaceX, has hit capacity limits in...
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17/09/2025
Khalil Dinguizli becomes the European Bank for Reconstruction and Development's (EBRD) first representative in Senegal. Senegal joined the EBRD as a shareholder in July 2025. Dinguizli will establish the bank's local presence and prepare for financing deployment. Khalil Dinguizli, a Franco-Tunisian executive, has assumed the role of the European Bank for Reconstruction and...
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17/09/2025
World Bank projects Ivory Coast could achieve 7-8% average annual growth with fiscal mobilization above 15% of GDP. Ivory Coast's tax revenue reached 14% of GDP, still below potential and the WAEMU 20% target. The country exceeded Q1 2025 revenue targets with a 115.8% realization rate. The World Bank projects Ivory Coast could achieve an average annual growth rate of 7% to 8%...
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17/09/2025
UNICEF warns of a global $3.2 billion decline in education funding by 2026, a 24% drop from 2023. This could lead to 6 million more children out of school globally, including nearly 2 million in West and Central Africa. Several West African countries are increasing national education budgets to reduce reliance on external aid. On September 3, 2025, the United Nations...
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17/09/2025
Cameroon invested $45.2-54.2 million in fiber optic infrastructure, but it remains largely underutilized. Consumers continue to report declining telecom service quality, despite investments. Camtel, the state operator, holds a fiber optic monopoly and faces significant financial difficulties. Between CFA25 billion and CFA30 billion ($45.2 million to $54.2 million) has...
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17/09/2025
• Ethiopian Airlines signs MoU with SITA to enhance operations and passenger experience.• Deal aligns with Vision 2035, aiming for 65 million passengers and 3 million tons of cargo.• Expansion includes a new Bishoftu airport backed by the African Development Bank. Ethiopian Airlines has signed a memorandum of understanding with aviation technology group SITA to jointly develop solutions...
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17/09/2025
• Cameroon cocoa output faces 10% drop as black pod disease and counterfeit fungicides spread.• Ghost town lockdowns and Telcar’s suspension deepen supply shocks, hurting farmers and grinders.• Futures near $7,364/ton; volatility rises as Cameroon’s shortfall magnifies West African cocoa risks. Cameroon’s cocoa industry, the world’s fourth-largest, is facing a compounding...
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17/09/2025
• NSIF denies rumors of interest in buying Chococam, saying it is focused on other projects.• Cadyst Invest, linked to Célestin Tawamba, is rumored to acquire Chococam for about CFA 60B ($100M).• Tiger Brands confirms Chococam is a non-core asset but no sale deal has been officially announced. Speculation in various media channels, based on some background information, initially pointed...
 

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