ABDAS – Africa information and Business Directory
Africa information and Business Directory
Egypt has witnessed a spike in its energy reserves in 2022, with 53 new oil and gas discoveries, according to the Ministry of Petroleum and Mineral Resources’ 2022 Achievements Report. …
Egypt Achieves 53 Oil & Gas Discoveries In 2022 Read More
A joint venture of American and Italian firms awarded the tender to design, finance and construct Uganda’s Greenfield oil refinery has hinted on Concluding the $4 billion (Shs14 trillion) Final …
Shs14 Trillion Refinery Deal Set To Be Conclude Read More
Over 600 investors and business leaders from the 27-member European Union (EU) are lined up for a mega business forum in Dar es Salaam in February month as they seek …
600 Investors from Europe Set Sights on Tanzania Read More
The efforts of the Embassy of Federal Democratic Republic of Ethiopia in Islamabad has started yielding results as a major business group from Pakistan has flown to Addis Ababa, the …
Ethiopian Industrial Sector Attracts Pakistani Investors Read More
Madagascar will receive $36.5 million in loans and grants from the Opec Fund for International Development (OFID) to hasten the adoption of clean cooking. Reduced deforestation in the nation of …
OFID Contributes $36.5 Million To MADAGASCAR To Provide Access To Clean Cooking Read More
Africa: A $A number of financial approvals were made following the most recent Board of Directors meeting of the Opec Fund for International Development (OFID) to aid in the growth …
Africa: A $500 Million Package From OFID Includes Water, Renewable Energy, And Agriculture Read More
Rwanda will soon have a new water reservoir. The launch date for the Muvumba multi-purpose dam has been set for June 2023. This decision follows the completion of the design …
RWANDA: Construction of the Muvumba Water Reservoir to Start In 2023 Read More
News about the Menengai geothermal project in Kenya. Its developer Globeleq has just raised $72 million in financing. The funds are being provided by the African Development Bank (AfDB), the …
Globeleq Raises $72 Million to Generate Geothermal Power in Menengai Read More
The African Export-Import Bank and US Eximbank have signed a $500m MoU to increase trade and investment, especially to help revive and re-fleet African airlines. Prof. Benedict Oramah, President and …
Afreximbank, Eximbank Sign $500m MOU Read More
Industrial Parks Development Corporation revealed that the performance of industrial parks, Ethiopia had begun showing improvement after a period of relative stagnation. The CEO of the Corporation, Aklilu Tadesse, said …
Ethiopia: Industrial Parks Show Performance Improvement, IPDC Read More