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Investments
UN Committee Recommends Reappointment of Dr. Sarah Alade for Investment Role
The United Nations General Assembly’s Fifth Committee has recommended Dr Sarah Alade for reappointment to the UN Investments Committee for another three-year term starting January 1, 2027, pending confirmation by the General Assembly.
Gold Prices in Egypt Remain Stable Amid Global Market Fluctuations
The price of 24-karat gold in Egypt remained stable at EGP 7,097 per gram on November 7, 2026, while 21-karat gold traded above EGP 6,200 amid global price declines and fluctuations in the US dollar against the Egyptian pound.
Zambia and Africa Finance Corporation Advance Railway Project to Angola’s Port
Zambia is advancing its 830-km railway link to Angola's Port of Lobito, aiming for financial closure by 2027, with expectations to handle roughly 2 million tonnes of freight annually, enhancing regional trade and logistics.
Investor Interest in Solar Capacity Grows Amid Transmission Challenges in Botswana
Investor interest in over 5 gigawatts of solar capacity in Botswana is rising, but progress is hindered by inadequate transmission infrastructure. The government is working on necessary regulatory frameworks and infrastructure development to facilitate electricity generation and export.
Nigeria
UN Committee Recommends Reappointment of Dr. Sarah Alade for Investment Role
The United Nations General Assembly’s Fifth Committee has recommended Dr Sarah Alade for reappointment to the UN Investments Committee for another three-year term starting January 1, 2027, pending confirmation by the General Assembly.
Kenya
Manufacturers Advocate for Low-Carbon Cement Adoption in Construction Sector
Local cement manufacturers in Kenya are advocating for low-carbon cement to promote sustainable building practices, highlighted during the Kenya Industrialisation Summit 2026. Bamburi Cement launched DuraCem, which emits 64% less COâ‚‚ than ordinary cement, aiming to enhance production capabilities and support national infrastructure projects.
Ghana
Ghana’s Tourism Sector Seeks Infrastructure Improvements and Sustainable Growth Strategies
Ghana's 2026 budget for tourism, arts, and culture shows promise but faces challenges, including poor infrastructure and uneven benefits for small businesses, according to consultant Emmanuel Frimpong. He emphasizes the need for improved data systems and collaboration to enhance the sector's growth and sustainability.
Gabon
Gabon Hosts Business Forum to Attract Chinese Investment for Economic Growth
The Gabonese National Agency for the Promotion of Investments hosted a business forum in Shanghai on November 4, 2026, to attract Chinese investors, focusing on economic cooperation and opportunities in mining, forestry, and energy sectors during President Brice Clotaire Oligui Nguema's state visit to China.
Egypt
Nclude Secures Final Close to Enhance Investment in African Startups
Nclude, an Egyptian venture capital fund, has closed over USD 112 million to finance technology startups in Africa and the Middle East, focusing on financial technology and inclusion. The fund supports investments ranging from USD 500,000 to USD 10 million across various development stages.
Gabon
Gabonese President Begins State Visit to Strengthen Ties with China
President Brice Clotaire Oligui Nguema of Gabon is on a state visit to China from November 3 to November 7, 2026, to strengthen diplomatic and economic ties, focusing on investments in industrialization and infrastructure, while participating in the 9th China International Import Expo.
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