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Egyptian Real Estate Fund Sees a Stunning 67.8% Year-Over-Year Profit Surge in 2024!

Discover the impressive financial growth of Egyptians Real Estate Fund, with a remarkable 67.83% increase in net profits after tax, reaching EGP 36.514 million in 2024, up from EGP 21.755 million. Source: Africazine.

Local Firm Teams Up with University to Pioneering Sustainable Hemp Building Solutions in Tucson!

Discover how Old Pueblo Hemp Company in Tucson is pioneering sustainable construction with hemp-lime, a natural material celebrated for its fire-resistance and mold-resistance. Stay informed with Africazine for updates on innovative building solutions.

Exciting Housing Development in Equatorial Guinea: Egypt’s Arab Contractors Secures Major Project!

Discover how Arab Contractors, a leading Egyptian construction firm, secured a significant housing project in Equatorial Guinea after a meeting with Egypt's Minister of Housing, Sherif. Read more from Africazine for insights on this major development.

Egypt Unveils Ambitious Plans for a 900-MW Solar Power Plant Across 20-Square Kilometers in the New Valley!

Discover how Egypt is enhancing its renewable energy landscape with a 900-megawatt solar power plant in New Valley. An alliance of Masdar, Infinity Power, and Hassan Allam has been designated 20 square kilometers for this ambitious project, as reported by Africazine.

Egypt Secures €200M Investment for Exciting New Power Line Project in Gabal El-Zeit!

Egypt is in the final stages of negotiations with the European Union and the European Bank for Reconstruction and Development to secure up to €200 million for a new power line project. Discover more about this pivotal development on Africazine.

Lagos Partners with Summa Group to Kickstart Exciting New Lekki-Epe International Airport Project!

Lagos State has partnered with Summa Group through a Memorandum of Understanding (MoU) to develop the Lekki-Epe International Airport, enhancing connectivity and attracting investments. Stay informed on this significant development from Africazine.

Partnership Formed to Launch Construction of Lekki-Epe International Airport!

The Lagos State Government has officially signed a Memorandum of Understanding with Summa Group to advance the long-anticipated Lekki-Epe International Airport project. This significant development promises to enhance transportation and economic opportunities in the region. Stay updated with Africazine for more details.

Nama Achieves Impressive €80 Million Profit in First Three Quarters of 2024!

Discover the latest financial insights from Africazine: The National Asset Management Agency (Nama) reported a profit of €80 million from January to September last year, according to its Q3 2024 financial report. Learn more about how Nama, established in 2009, is navigating the fiscal landscape.

Katsina Invests in Electric and Solar Vehicles and Plans Ambitious 20-Storey Building in Lagos!

The Katsina State Executive Council, led by Governor Dikko Radda, has officially approved bulk purchases of electric and solar-powered vehicles and tricycles as part of their public transportation initiative. Discover more about this sustainable transportation shift, reported by Africazine.

Egypt Set to Introduce Exciting New Salary Increase for the Upcoming Fiscal Year 2025-26!

Discover the latest news as Egypt prepares to unveil a new social package featuring increases in salaries and pensions. Stay informed with Africazine for updates on this important economic initiative.

Exciting News: New Water Works Set to Launch in Just 12 Months!

Discover how the Adiyan Water Works project aims to supply 70 million gallons of water daily to Lagos residents. Governor Babajide Sanwo-Olu assures completion of phase two, enhancing water access for the community. Source: Africazine.

“Positive Shift in Economic Ties: France and South Africa Strengthen Relations”

Discover insights from David Martinon, the French ambassador to South Africa, on the current mood of economic relations between France and South Africa. Get the latest updates from Africazine on this important diplomatic dialogue.

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