Finance

Qatar, Egypt agree on set of investments, partnerships worth US$5bn

Qatar, Egypt join hands on set of investments and partnership worth US$5bn. (Image source: Adobe Stock)

Qatar and the Arab Republic of Egypt have agreed on a set of investments and partnerships in Egypt, totaling US$5bn in the coming period

The meeting dealt with a review of bilateral relations between the two brotherly countries and the importance of strengthening cooperation and coordination between them

This came during a meeting held on Tuesday in Cairo between HE Prime Minister of the Arab Republic of Egypt, Dr Mostafa Madbouly and deputy prime minister and minister of foreign affairs, Sheikh Mohammed bin Abdulrahman Al-Thani and minister of finance Ali bin Ahmed Al Kuwari.

The meeting dealt with a review of bilateral relations between the two brotherly countries and the importance of strengthening cooperation and coordination between them in various fields.

The two sides praised the step of forming a joint higher committee headed by the foreign ministers of the two brotherly countries with the aim of continuous consultation and strengthening cooperation and coordination in all fields.

Orange and UN Women join forces to support women’s economic empowerment in West and Central Africa

Women will learn in the centres how to use the “Buy from Women” platform, following a pilot project with womens’ cooperatives working in the cassava and cereal value chains. (Image source: Adobe Stock)

Orange and UN Women have teamed up to support women’s economic empowerment and rural farm’s resilience to disasters in West and Central Africa

DPO Group kicks off 2022 with new pan-African partnerships following landmark acquisition

In partnering with DPO, the Bank of Kigali will now offer digital payment services to its existing business customers. (Image source: Adobe Stock)

Kenya-based DPO Group has announced three partnerships with companies in the digital payments sector

AfDB Group president Akinwumi Adesina begins official visit to South Africa

African Development Bank (AfDB) head Dr. Akinwumi A Adesina is in Johannesburg at the start of a three-day official visit to South Africa

Inospace forms last-mile logistics joint venture with Fortress Reit

The combined portfolio spans a total lettable area of 200,000 sq m, with more than 600 tenants. (Image source: Adobe Stock)

South Africas leading owner and operator of branded business parks, Inospace, has announced the conclusion of a partnership with Fortress Reit Ltd

Top reasons to avoid counterfeit parts

A carmix concrete mixer at work in Namibia.

The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)

Carmix machinery to support canal reconstruction in Namibia

A close up of water cascading out of a hydropower plant.

The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)

TotalEnergies expands African hydropower portfolio

Various images from the ceremony in Ghana

The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)

Construction begins on Ghana’s US$12bn petroleum hub

The attendees of the UIA meeting posing for a picture together.

The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)

UIA encourages local manufacturing in Kampala

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The containerised mixing plant from Lintec & Linnhoff at work on the airport construction project

The Lintec CSD2500B ensures uninterrupted operations, and its modular construction delivers cost efficiencies and easy installation. (Image source: Lintec & Linnhoff)