Finance

Africa continues to rank high as a top destination for UAE investors

Africa dc ApThe UAE ranks as one of the top five FDI source countries into Africa by capital investment, according to  Knight Frank’s Africa Horizons Report 2021/22

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Dangote Group plans advanced refinery project in Nigeria

Dangote refinery 31 MarchThe Dangote Group has planned an advanced refinery project in Nigeria, with an aim to reduce the West African country’s reliance on imported energy and bring with it more than 30,000 jobs

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Metso Outotec and BIA Group expand distribution partnership to Africa

Metso BIAMetso Outotec and its distribution partner BIA Group have signed a contract to expand their aggregates distribution coverage to Africa

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African Infrastructure Financing – The role of on-lending financing

Africa synergy articleOn-lending financing could be one solution to optimise the financing structure, where capital intermediaries borrow the funds from the government or other international institutions and then on-lend it to the infrastructure projects

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TDB and dltledgers to boost trade finance in Africa via blockchain

TDB trade financeThe Eastern and Southern African Trade and Development Bank (TDB) and dltledgers have announced three-year agreement, through which TDB aims to scale-up the volume of trade finance transacted via blockchain in Africa using dltledgers’ platform

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