Egypt completes trial run of new Suez Canal channel extension
By Reuters Ships are seen from a plane window, passing through the Suez Canal, Egypt, March 23, 2024 REUTERS/Mohamed Abd El Ghany/File Photo Purchase Licensing Rights CAIRO, Dec 28 (Reuters) – Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from
Nolo Phiri launches ‘Leading Ladies’, to empower South Africa’s women in entertainment
Staff Writer, Bizcommunity.com Leading Ladies will feature insightful discussions with prominent women in South African television Nolo Phiri, an influential figure in South African entertainment and a trailblazer in empowering young creatives, is set to launch a groundbreaking project: Leading Ladies, a 10-part roundtable series in celebration of South African female industry leaders.“This new project represents
UAE seeks investment deals in Uganda
Bernard Busuulwa The UAE is focusing on increasing foreign direct investment and bilateral trade with Uganda The United Arab Emirates (UAE) is pursuing new business opportunities in Uganda, with at least 20 Dubai-based companies seeking investment deals in manufacturing, real estate, healthcare, technology, oil and gas, textiles and agricultural sectors, despite concerns about the competitiveness
Investing in South African real estate: Top locations for buyers and investors
Staff Writer, Bizcommunity.com Property prices in Pretoria have risen by 91% from 2010 to 2022, outpacing Johannesburg’s 71% South Africa’s property market offers a vibrant mix of urban excitement and coastal tranquility, making it a prime opportunity for new buyers and seasoned investors. While Cape Town often steals the spotlight, other cities like Johannesburg are gaining
AI eases East Africa cross-border payments but not costs
Vincent Owino Regional financiers are already using AI mostly to combat fraud in payments Like many industries across the globe, artificial intelligence (AI) has taken the financial industry by storm, and one of the fast-rising applications is in payments, to solve age-old challenges that have slowed cross-border settlements in the banking sector. In East Africa,
Africa: Ivory Coast wants bigger share of its mining boom
Staff Writer, Agence France-Presse (AFP) Huge deposits of natural resources — including oil, gas and gold — have pushed the economy of the world’s biggest cocoa producer in a new direction Ivory Coast’s mining industry is booming, driven by foreign investment and the discovery of new deposits, but the country now wants a bigger slice of