Saturday, May 18

Investing

gold industry south sudan
  • South Sudan is recognised for its vast mineral resources, including a burgeoning gold industry.
  • Over 50 alluvial sites near the Luri River, about 40 km southwest of Juba, have reported gold concentrations.
  • Other alluvial gold concentrations have been found near the Kinyeti River, Nimule, and northeast Karpeto.

Globally, South Sudan is recognised for its vast mineral resources, including a burgeoning gold industry. This industry represents promising opportunities for collaboration with established gold producers, enabling the country to leverage its expertise for enhanced exploration, extraction, and value addition.

For the first time in its eight-year history, the South Sudan Oil and Power Conference and Expo has been extended to four days to include a concurrent mining forum. This forum aims to explore and promote South Sudan’s untapped mining potential.

It invites international investors and private companies to participate and engage directly with South Sudan’s Ministry of Mining, offering a unique opportunity …

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Saudi Woodshow
  • Inaugural event promises to be a cornerstone in the region’s wood and woodworking machinery industry
  • As construction projects continue to increase, the demand for woodworking machinery is expected to escalate
  • Saudi WoodShow is showcasing an impressive line-up of exhibitors, including renowned companies such as Al Arak Wooden Manufacturing Company

 Thousands of delegates are converging in city of Riyadh for the Saudi International Wood and Woodworking Machinery Exhibition (Saudi WoodShow) is all set to close tomorrow, May 14. Organized under the banner of WoodShow Global, this inaugural event promises to be a cornerstone in the region’s wood and woodworking machinery industry.

Globally, woodworking machinery market is projected to experience a steady Compound Annual Growth Rate (CAGR) of 4.5 percent between 2023 and 2032, fueled by the robust expansion of the construction sector worldwide.

With the industry witnessing significant growth momentum, the woodworking machinery market, valued at $4.9 billion in 2022, is …

startup evolution in Africa
  • “Africa is like China 20 years ago, you see where China is now, so Africa is moving there,” Nael Hailemariam, Founder/CEO Chapa tells global leaders, and investors at AIM Congress 2024.
  • Africa’s startup evolution is on, fueled by innovation and a youthful demographic dividend.
  • This comparison of Africa to China’s meteoric rise serves as a compelling narrative for investors seeking untapped markets brimming with promise.

A panel discussion titled “The New Geographical Focus of Startups: Spreading Digital Innovation to Africa and Other Places” at the ongoing AIM Congress 2024 in Abu Dhabi has shed light on the startup evolution unfolding across Africa.

Expert speakers lifted the lid on the continent’s burgeoning potential, citing untapped opportunities that are ripe for investment. Nael Hailemariam, CEO/Cofounder of online payment gateway Chapa, captured Africa’s momentum, likening it to China’s trajectory two decades ago. “Africa is like China 20 years ago, you see where …

fintech fintech investors
  • Market insights firm Stears says Kenya might not be attracting sufficient fintech investments due to the near-monopoly of tech giant Safaricom PLC.
  • On average, Kenya accounted for 8 percent of fintech investments made on the continent between 2019 and 2023. At the same time, Nigeria got 39 percent, Egypt’s 16 percent, and South Africa’s 20 percent.
  • Historically, Nigeria has led fintech funding on the continent, enjoying special attention from investors.

Kenya has not been prioritized by fintech investors as much in the last five years compared to other key African markets such as Nigeria, Egypt, and South Africa.

These revelations are highlighted in a report by Stears, a market research company headquartered in Nigeria that specializes in African investments.

According to the report, Kenya, on average, represented only eight percent of fintech investments in the continent between 2019 and 2023. In contrast, Nigeria accounted for 39 per cent, Egypt …

Infrastructure investment Africa

The United Nations Conference on Trade and Development (UNCTAD) has stated that inadequate infrastructure investment in African countries hinders the continent from securing a more advantageous position as a global supply chain destination.
The organization highlights, among other points, in its annual 2023 Africa economic development report, the need to prioritize certain aspects to strengthen Africa’s role in the supply chain, recognizing its potential to become a key player in the global supply market.…

European Investors | Africa's energy sector
  • The continent’s abundant resource base and untapped opportunities have already begun to attract European Investors, countries, and companies.
  • Clear transition strategies and enhanced regulatory frameworks consolidate Africa’s attractiveness as an investment destination.
  • With the resources available, many African countries – either oil producers or those on the verge – have begun implementing strategies to define a long-term vision for the sector.

Amid supply challenges and efforts to diversify imports, Africa has emerged as a highly strategic investment opportunity for many European Investors, countries, and companies.

The continent’s abundant resource base and untapped opportunities have already begun to attract players from across the bloc. New market dynamics offer the chance for African countries to take tangible actions to advance the continent’s attractiveness for foreign investment.

The upcoming Invest in African Energy Forum in Paris from May 14-15 has been touted as a testament to the efforts to promote investment in the …

Real Estate Investment In Kenya
  • Real estate investment in Kenya offers tremendous opportunities for financial growth.
  • To make informed investment decisions, it is essential to have a thorough understanding of the current status and trends within the market.
  • By understanding the current status and trends of the Kenyan real estate market, investors can make informed decisions that maximize their chances of success.

Are you ready to dive into the world of real estate investment in Kenya? If you are looking for a comprehensive guide to help you succeed in this thriving industry, you’ve come to the right place!

Real estate investment in Kenya offers tremendous opportunities for financial growth, but navigating the market can be overwhelming without the right knowledge and strategies. That’s why we’ve put together this ultimate guide with practical tips and expert advice to empower you on your real estate investment journey.

In this blog, we’ll take you step-by-step through the process …

GERD
  • The latest round of talks on the Grand Ethiopian Renaissance Dam (GERD) has concluded in Addis Ababa without success.
  • Egypt, heavily reliant on the Nile for its water supply, is blaming Ethiopia for rejecting proposals that safeguard the interests of the three nations involved.
  • On its part, Ethiopia is accusing Egypt of “misrepresenting” its positions in the talks.

The latest round of Ethiopia-Egypt talks on the Grand Ethiopian Renaissance Dam (GERD) has concluded without success. The meeting, held in the Ethiopian capital Addis Ababa, failed to produce any tangible results, as Ethiopia remained steadfast in its refusal to accept technical or legal compromise solutions that would address the concerns of all three countries involved: Ethiopia, Sudan, and Egypt.

Egypt’s Irrigation Ministry reported the lack of progress, highlighting Ethiopia’s persistent rejection of proposals aimed at safeguarding the interests of the three nations.

Egypt, heavily reliant on the Nile for its water

Gold-producing countries in Africa
  • Ghana has regained its position as Africa’s top gold producer, with a remarkable 32 per cent increase in production of the mineral in 2022.
  • South Africa’s gold production has seen a year-on-year increase of 2.2 per cent as of October 2023.
  • In 2022, crisis-saddled Sudan’s gold production was reported at 50,000.000kg.

An in-depth exploration of the top five gold-producing countries in Africa in 2023, analyzing their production statistics, mining operations, and the level of political stability in each country.

Welcome to a comprehensive exploration of the top gold-producing countries in Africa. The continent, known for its rich mineral resources, has several nations contributing significantly to the global gold market. This article delves into the gold production statistics, major mining operations, and the political stability of the top five gold-producing countries in Africa as of 2023.

Gold-Producing Countries in Africa

  1. Ghana: Regaining the Top Spot
  2. South Africa: A Major Player in
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