External debt Archives - Shore Africa

Mobica plans $20 million Egypt auto investment as local rules reshape supply chains

Mobica targets $20 million investment as Egypt’s auto manufacturing expands

Egypt’s effort to build a stronger domestic auto industry is moving beyond policy statements as new private investment begins to flow into local supply chains. The government has been working to reduce reliance on imported vehicle parts while encouraging manufacturers to produce more components inside the country. The shift is becoming more visible as companies start to adjust their long-term…

Oluwatosin Alao April 14, 2026

Business Global News Hot News

IFC weighs $30 million trade finance backing for Nitron to boost global fertilizer flows

IFC weighs $30 million backing for Nitron trade facility to boost fertilizer supply chains, food security, and agricultural resilience.

Feyisayo Ajayi April 14, 2026

MTN Nigeria tests 25Gbps link with Huawei Nigeria to boost 5G

Business Technology

MTN Nigeria rolls out first 25Gbps microwave link in sub-Saharan Africa

MTN Nigeria has taken a step forward in its network upgrade plans after testing what it says is the first commercial 25Gbps full-duplex microwave link in sub-Saharan Africa, working with Huawei Nigeria. The trial, carried out on the E-band (80 GHz) spectrum, points to how operators are seeking faster, more efficient ways to support 5G services in Nigeria. The move…

Oluwatosin Alao April 14, 2026