Category: INVESTMENTS

GOIL to Commission Additional 12,000 Metric Tons of Liquefied Petroleum Gas (LPG) Storage Capacity in Ghana

CAPE TOWN, South Africa, October 7, 2025/ — GOIL PLC, Ghana’s leading oil and gas marketing company, is planning to commission an additional 12,000 metric tons of liquefied petroleum gas (LPG) storage capacity in the next year, anchored by a $50 million investment. Speaking during a panel at Africa Energy Week (AEW): Invest in African Energies 2025, Edward Abambire Bawa, Group CEO and Managing Director of GOIL PLC, said the company was spearheading a transformative expansion in LPG storage capacity to address growing domestic demand and to strengthen the country’s…

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AIM Congress Announces 15th Editin for 2026

Dubai, United Arab Emirates, 6th October 2025: The Organizing Committee of AIM Congress, the world’s leading investment platform, has officially announced the launch of its 15th edition under the theme: Reshaping Global Prosperity: Unlocking New Investment Pathways Towards a Sustainable and Inclusive Future. AIM Congress will be held from 13 to 15 April 2026 in Dubai World Trade Centre (DWTC), Dubai, United Arab Emirates. AIM Congress, recognized globally as a premier event dedicated to steering sustainable investment trends, will address strategies to navigate major economic transformations. The event aims to…

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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. The MoU,it said, was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in Algiers, Algeria by Dr. Gainmore Zanamwe, the Director of Trade Facilitation and Investment Promotion at Afreximbank, and Ms. Martina Biene, President of AAAM. Its key pillars,the statement noted, are regional automotive value…

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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, and deepening investor engagement with opportunities across Africa and within the U.S. Invest Africa (www.InvestAfrica.com),it added, is a global platform with offices in the United Kingdom, United States, Middle East and Africa. Shannon,it disclosed, brings over 20 years of leadership experience in international finance, investment, and advisory services. Most recently,…

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Rethinking Public-Private Partnerships for Africa’s Trade Future (By Ludovic Thanay)

About Author: Ludovic Thanay, Senior Vice President Sales, Webb Fontaine (https://WebbFontaine.com). Africa stands at a turning point. Home to nearly a fifth of the world’s population but responsible for less than 3% of global trade, the continent continues to punch below its weight. The reasons are well documented: weak infrastructure, fragmented policies, and slow adoption of digital systems. The real challenge is not only to bridge the divide but to design a model of trade that reflects Africa’s own realities and ambitions. Public-private partnerships (PPPs), when built on trust and…

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Engineers & Planners takes over Black Volta and Sankofa Gold projects

First Published: 8 September,2025 The long-dormant Black Volta and Sankofa gold projects in Ghana’s Upper West Region are set for revival after Engineers & Planners (E&P), one of West Africa’s largest indigenous mining contractors, acquired full equity in Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd. The transaction, completed with the Registrar of Companies and the Minerals Commission, transfers all issued shares of the Ghanaian beneficial owner to E&P, marking a dramatic shift in Ghana’s mining landscape. For nearly two decades, the concessions promised much but delivered little. Legal…

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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 official launch of the African Research and Innovation Hub (ARIH) on the sidelines of the ongoing Intra-African Trade Fair 2025 (IATF2025) in Algiers, the statement said,the Group Chief Economist and Managing Director for Research at the African Export-Import Bank (Afreximbank) Dr. Yemi Kale noted that while Africa accounts for less…

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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 balancing competing budget lines. The African Development Bank (AfDB) estimates that Africa needs $130–$170 billion annually for a robust infrastructure development. Thus, Africa faces a significant annual infrastructure funding deficit, with estimates ranging from approximately $68 billion to over $100 billion annually, This gap, it is said, stems from factors like…

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Singapore, Ghana to deepen green and agribusiness partnership.

Ghana and Singapore on Wednesday discussed cooperation in sustainable development and value-added agriculture, anchoring their talks around a pioneering carbon markets agreement and plans to scale agro-processing and jobs in Ghana. Speaking during bilateral talks with President John Dramani Mahama in Singapore, President Tharman Shanmugaratnam said, “the first Asian country to sign the implementation of a carbon credit agreement with Ghana and the first in Africa, is Singapore,” casting the deal as a platform to channel investment into low-carbon growth. He added that “other areas of interest are agribusiness, downstream…

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President Chairs Follow-up Meeting on Airport Redevelopment Project

Seychelles,President Wavel Ramkalawan this afternoon chaired a follow-up meeting to review progress on the Airport Redevelopment Project according to an official statement issued by the Office of the President in Victoria,Friday. The meeting,the statement said, follows an initial site visit and working session chaired by the President at the Seychelles International Airport on 31st July, during which the committee committed to reconvening one month later to assess developments and further expand on the proposals put forward. Also in attendance, the statement  disclosed,were Vice-President Ahmed Afif, the Minister for Transport, the…

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