Post: Olam Agri to Invest $400 Million in African Food Processing by 2028

Accra:The city of Accra became the focal point for a significant advancement in international trade law with the opening-for-signature ceremony of the United Nations Convention on Negotiable Cargo Documents. This event marked a pivotal moment for Afri…

Algiers:The Bank of Algeria has introduced a new regulation to manage gold operations within the country’s banking system. This marks the first time such rules have been established, as detailed in Regulation No. 26-04, published in the Official Gazet…

Baku:Africa Olam Agri has announced plans to invest approximately $400 million in food processing across Africa by the year 2028. This strategic investment follows the company’s previous expenditure of around $115 million in West Africa since 2024.

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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 …

Johannesburg:The latest “Where to Invest in Africa 2026/27” report by Rand Merchant Bank (RMB) evaluates 31 African economies, using 20 indicators to rank their investment potential. The report highlights Seychelles, Mauritius, and Egypt as the top th…

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…

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…

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…

Cairo:The United States has announced a significant funding initiative of $125 million in Egypt, marking the first bilateral strategic objective agreement between the two nations. The announcement was made by the US charge d’affaires, Robert Silverman…

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…