Tag: African investment

Egypt’s Pharco to start $49 million Saudi drug plant by mid-2027

Pharco Saudi drug plant begins production in mid-2027 as Egypt's drugmaker expands manufacturing and weighs two African factories.

Timilehin Adejumobi Timilehin Adejumobi

UK backing unlocks $226 million in exports for businesses in Angola

The UK Angola export deal unlocks $226 million in exports as Britain backs $886 million in infrastructure financing.

Timilehin Adejumobi Timilehin Adejumobi

Raya Holding drops Raya Foods sale to Helios, backs Egypt expansion

Raya Foods sale to Helios has been dropped after key conditions failed, as Raya Holding keeps the business and backs Egypt expansion.

Timilehin Adejumobi Timilehin Adejumobi

Morocco’s OCP, CHS plan $450 million U.S. fertilizer plant

OCP and CHS plan a $450 million Louisiana fertilizer plant to boost U.S. phosphate supply and cut reliance on imports for farmers.

Timilehin Adejumobi Timilehin Adejumobi

Ninety One’s Africa credit fund reaches $404 million at final close

Ninety One Africa Credit Fund reaches $404 million, backing private credit and infrastructure projects across Africa and emerging markets.

Timilehin Adejumobi Timilehin Adejumobi

Africa Finance Corporation lands $2 billion loan for African projects

Africa Finance Corporation secures a $2 billion loan to fund African infrastructure, industrialization and economic growth.

Timilehin Adejumobi Timilehin Adejumobi