The International Finance Corporation (IFC) is considering a $40 million investment in Nile Sugar Company, a sugar beet project owned by one of Egypt’s leading business families, as the country works to reduce its dependence on imported sugar. The International Finance Corporation (IFC) is considering a $40 million investment in Nile Sugar Company to support…
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Rising global oil prices are offering a fresh financial reprieve to Algeria, Africa’s largest country by landmass, as crude briefly surged past $100 a barrel amid geopolitical tensions linked to the Iran conflict. Oil prices briefly surged above $100 per barrel, offering Algeria fiscal breathing room amid geopolitical tensions that threaten global energy supplies. The…
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Mauritania has secured a $1 billion trade finance framework agreement with the Saudi-based International Islamic Trade Finance Corporation (ITFC) to support key sectors of its economy and strengthen trade capacity over the next five years. Mauritania has signed a $1 billion trade finance agreement with the International Islamic Trade Finance Corporation. The five-year framework will…
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Canal+, the French media company that recently acquired MultiChoice, says the high cost of joining the DStv platform is a major reason subscriber growth has slowed across parts of Africa. Canal+ says the high cost of installing DStv equipment is slowing subscriber growth across parts of Africa. Installation in MultiChoice markets costs about €38 compared…
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Ghanaian lawmakers are demanding answers from the government following reports that the country may have played a support role in recent U.S.–Nigeria airstrikes targeting Islamic State militants in northern Nigeria. Ghanaian lawmakers are demanding clarification from the government about its potential support role in recent U.S.–Nigeria airstrikes targeting ISIS militants. The U.S. Africa Command conducted…
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Dr. Ibiagbani “Ibi” Max-Harry’s journey into science began with a childhood moment that showed her just how big the world could be. Today, her research on pancreatic cells could open new doors for diabetes treatment. Dr. Ibi Max‑Harry was inspired to pursue science by her mother’s academic achievements and her own curiosity about the molecular…
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