Category INVESTMENTS

Afreximbank renews partnership with African Association of Automotive Manufacturers (AAAM) to promote industrialisation of Africa’s automotive sector

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector says and official statement issued in Algiers,Tuesday.…

Invest Africa Appoints Shannon Stroud as Chief Executive Officer of Invest Africa US

Invest Africa US,has  announced, the appointment of Shannon Stroud as Chief Executive Officer,says an official statement issued in Washington,Saturday. Based in Washington, D.C., the statement said,Shannon will drive the organization’s U.S. strategy and growth, raising Invest Africa’s profile, strengthening partnerships,…

African economies urged to invest in research for industrial transformation

African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty, said an official statement issued in Algiers,Monday. Speaking during the…

Africa’s Infrastructure Funding Deficit: The Role of Gold Monetization

Introduction African governments are confronted with an annual multi-billion-dollar infrastructure funding deficit that cost the continent a 2% annual reduction in its GDP growth. Adopting innovative financing solutions through domestic resource mobilization and governance reforms is therefore critical for governments…