Kenya reported a 44% increase in foreign direct investment (FDI) projects in 2017, according to Consultancy EY.
The European Union (EU) has approved a €100 million ($116m) budget to support Somalia’s government – the first time the EU has dedicated funds to the Horn of Africa nation.
China’s aggressive investment in Africa over the past two decades has divided opinion, with many from the West calling out China’s economic interests as a new form of colonialism. What can’t be debated is the numbers: between 2003-2014, Chinese investment
Rwanda Development Board (RDB) has revealed that Portugal was the largest external investor in the country in 2017 – accounting for 23.8% of the top ten foreign investors last year. Portuguese firm Mota Engil Engenharia e Construcao Africa is behind
Kenya has signed a deal with South Korea that will see the Asian country help set up a technology centre in the East African nation.
Rwanda Social Security Board (RSSB), the country’s only pension custodian, is under the spotlight once again, after a report looking into its investment decisions was released by the Auditor-General.