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Kigali's $2 Billion Innovation City Construction Scheduled to Begin in September 2024
The $300 million construction of Kigali Innovation City (KIC) will start in September, following agreements signed between the Government of

South Africa's Power Issues Help Drive Microsoft's $1 Billion Data Center Investment in Kenya
Microsoft and G42 are investing $1 billion in Kenya's digital infrastructure, marking the largest private-sector digital investment in the c

Microsoft Bets $1 Billion on Kenya's Thriving Digital Economy
Microsoft and G42 announced a $1 billion investment in Kenya, marking the largest private-sector digital investment in the country's history


Lobito Corridor's Road Network in Angola Set To Receive €381.5 Upgrade
The U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola's road network, focusing on the Lo

African Copper Powerhouses Set to Meet Growing Global Copper Demand
The leading copper producers globally in 2023 were Chile, Peru, the DRC, China, and the United States, together accounting for 59% of worldw

Update: Shell's Partial Divestiture from South Africa and Sour BEE Partnership
In an update to earlier reports by Emerging Markets Business, Shell is not exiting its entire South African operation but only divesting its
Geopolitics

UAE's Role in Gold Smuggling from Africa Could Jeopardize Its Investment Ambitions on the Continent
A 2024 Swissaid report reveals that between 321 and 474 metric tons of gold are smuggled from Africa annually through artisanal mining, repr

USAID Administrator Announces New Investments Along the Lobito Corridor
USAID Administrator Samantha Power and Deputy Secretary Richard Verma visited Luanda, Angola, on April 23-25, 2024. They focused on enhancin

UAE Sets the Pace for Gulf Investments in Africa’s Mining Sector
The United Arab Emirates (UAE) has emerged as a major player in Africa's critical minerals sector, driven by the global shift towards clean


Navigating the Platinum Market: The Role of South Africa's 2024 Elections
South Africa's upcoming general election could significantly impact the global platinum market, with potential implications for the country'

Rwanda Ready to Drop "Conflict Mineral" Accusations Against Apple
Rwanda has strongly denied accusations from the Democratic Republic of Congo (DRC) that Apple sources conflict minerals from a disputed area

Update: Shell's Partial Divestiture from South Africa and Sour BEE Partnership
In an update to earlier reports by Emerging Markets Business, Shell is not exiting its entire South African operation but only divesting its
Real Estate

Kigali's $2 Billion Innovation City Construction Scheduled to Begin in September 2024
The $300 million construction of Kigali Innovation City (KIC) will start in September, following agreements signed between the Government of

Bankenveld District City Development in Johannesburg Clears Key Hurdle with Land Purchase Approval
A major real estate project in the northern suburbs of Johannesburg, named the Bankenveld District City, has recently received Competition C

South Africa's Power Issues Help Drive Microsoft's $1 Billion Data Center Investment in Kenya
Microsoft and G42 are investing $1 billion in Kenya's digital infrastructure, marking the largest private-sector digital investment in the c

Microsoft Bets $1 Billion on Kenya's Thriving Digital Economy
Microsoft and G42 announced a $1 billion investment in Kenya, marking the largest private-sector digital investment in the country's history

Zambia Joins $150B Sukuk Market with Eden Villas' $3 Million Real Estate Issuance
Zambian developer Eden Villas Properties is set to issue the country's inaugural Sukuk, aiming to raise $3 million. Sukuk, or Islamic bonds,

