General

General

BII Unveils $6.7 Billion Equity Strategy for Africa in Nairobi

Nairobi:British International Investment (BII), the UK development finance institution, has announced a significant new strategy in Nairobi, focusing on investing $6.7 billion in equity across Africa from 2026 to 2031. This initiative aims to attract …

COP31 Scheduled for November 2026 in Antalya, Türkiye

Antalya:The 31st Conference of the Parties to the UN Framework Convention on Climate Change is set to take place from 9 to 20 November 2026 in Antalya, Türkiye. This global gathering aims to address the accelerating climate crisis as nations work towa…

First Simandou Mining Summit Draws Over 1,000 Delegates to Conakry

Conakry:Guinea is hosting the inaugural Simandou Mining Summit in Conakry from November 11 to 14. The event, themed “The Mining Industry A Catalyst for Economic Sovereignty,” is organized by the Simandou Strategic Committee in collaboration with the M…

Biovéa Biomass Power Plant Inaugurated in Ayébo, Ivory Coast

Ayébo:The 46 MW Biovéa Énergie biomass power plant was inaugurated in Ayébo, located in the Aboisso sub-prefecture of the Sud-Comoé region. The inauguration ceremony, held on November 5, was attended by the Minister of Mines, Petroleum and Energy, Mam…

Ethiopia’s GDP Reaches $210.7 Billion Following Rebasing

Addis Ababa:Ethiopia’s Finance Minister, Fitsum Assefa, has announced the results of the GDP rebasing with the Ethiopian fiscal year 2017 (2024/25) as the new base year. The announcement was made in Addis Ababa on November 4.

According to Africa New…