Africa is a continent rich in natural resources and boasts a large young, ambitious, and entrepreneurial-minded population. It imposes all the needful imperatives to build a strong base for prosperous nation in global economy. Harnessed properly, these endowments and advantages could usher in a period of sustained economic growth and increased well-being for all Africans. […]
Pharmaceuticals in Africa
African health problems pose a billion$ opportunity for global pharma companies. Africa Pharmaceutical market is the only market where high growth is achievable owing to the fact that the continent bears 24% of the global diseases burden. The continent’s pharmaceutical segment comprises only 1% of the global pharmaceutical industry which is approximately 87bn$. Therefore, business […]
Harnessing the Renewable Energy Potential in Africa
Power is amongst the vital infrastructure component that harnesses the growth of any country. With global transition in energy underway, Africa is no behind in adopting renewable as a source of power generation. Power has been always a problem for the African continent. 70% of the African population does not access to source of power […]
The Economy of Tunisia
Tunisia is amongst the most competitive economy in North Africa. Tunisia ranks 77th in the world for ease of doing business. Tunisia’s geostrategic position makes it an attractive destination for investment and trade. Being one of the most developed and diversified economies in the region, Tunisia has a well-developed infrastructure with high literacy rate profile […]
The Economy of Sudan
The Republic of Sudan is a country in Northern Africa known for its ancient civilization. It is the 3rd largest economy in Africa after Algeria and Republic of Congo. The economy registered a growth rate of 6% in the FY 2016-2017 and is expected to increase in the coming years. Apart from strong oil industries, […]
Morocco Government Opportunities
Morocco is considered to be one of the stable economies in the African continent. Morocco has become the 5th largest economy of the African continent in terms of GDP and 1st most competitive North African economy. Morocco has been undertaking some of the significant measures to bring about the macroeconomic balance into the economy. It […]
Tender Opportunities in Egypt
Egypt is one of the highly centralised and planned economies of the African Continent. The economic outlook of the country looks very optimistic. The country registered a growth hike of 3-5% in the last fiscal year. The growth is expected to accelerate in the coming years, as a result of prolonged measures taken to improve […]
Algeria Government Tender Opportunities
Algeria is one of the largest and the most open economy of the African Continent. The foreign trade in Algeria represents 57% of the total GDP. The economic activity is mostly dominated by the agriculture sector and the rebound of Oil and gas activities. Being blessed by eighth-largest reserves of natural gas in the world […]
EIB provides 500mn$ fund for Egypt’s Cairo Metro Project
The Egyptian Government has been successful to secure US$500 million in funding from the European Investment Bank (EIB) to support the establishment of the first Cairo Metro line project. The Transportation Minister of Egypt Hesham Arafat has announced that the EIB funds will help them develop the first Cairo Metro line on the Helwan-Marg corridor. […]
Russia to lend Egypt 25 billion$ to build Nuclear Power Plant
Egypt energy sector has recently become one of the most promising hubs and has been playing a promising role in the international markets. Egypt’s regional and international cooperations are the cornerstone of the country’s developing energy markets. Moreover, the country all the ingredients to become attractive energy partner. low cost of production, geographical proximity and […]