Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

Egypt’s $520 million fertilizer plant secured potential $174 million IFC debt package to expand phosphate output and boost exports in Ain Sokhna, Egypt region

Feyisayo Ajayi June 9, 2026

Business Hot News

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Omnia Holdings posts 25% profit growth as Agriculture and Mining drive earnings, while Chemicals rebounds on restructuring.

Feyisayo Ajayi June 9, 2026

Alcazar Energy-Egypt Gabal El Zeit wind farm deal signing

Business Hot News

Alcazar Energy lands $420 million deal on Egypt wind farm expansion

Alcazar Energy Egypt wind farm deal worth $420M expands Gabal El Zeit project, boosting Egypt’s renewable energy transition.

Timilehin Adejumobi June 9, 2026

Technology Business

Wanatu ride-hailing app rolls out major upgrade across Africa

Wanatu upgrades its ride-hailing app in South Africa with new features, improved UX, and expanded mobility services.

Oluwatosin Alao June 9, 2026

Evening skyline of Johannesburg, South Africa, showcasing the city’s financial district and urban landscape.

Hot News Business

South Africa’s GDP rises 0.5% in Q1, but spending and investment weaken

South Africa’s economy grew 0.5 percent in Q1, beating survey estimates despite a sharp drop in consumer spending and rising fuel costs.

Omokolade Ajayi June 9, 2026

Tag: Lesotho hydropower

Convalt Energy to invest $6.2 billion in Lesotho hydropower, AI data center

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Alcazar Energy lands $420 million deal on Egypt wind farm expansion

Wanatu ride-hailing app rolls out major upgrade across Africa

South Africa’s GDP rises 0.5% in Q1, but spending and investment weaken

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Alcazar Energy lands $420 million deal on Egypt wind farm expansion

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Alcazar Energy lands $420 million deal on Egypt wind farm expansion

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