In this article, ABiQ outlines the top 5 Middle Eastern countries by Foreign Direct Investment (FDI). In recent years, the Middle East has increased regional efforts to enhance its investment landscape.
According to an African Development Bank (AfDB) September 2022 press release, Cameroon’s Ministry of Agriculture and Rural Development and the Commercial Bank of Cameroon have signed an agreement for the creation of an Agricultural Sector Development Fund in the country.
According to a Dutch Entrepreneurial Development Bank (FMO) September 2022 press release, AgriFoodTech start-ups have raised $1 billion in five years in Africa. This, however, represents less than 1 percent of global investment.
According to a US State Department September 2022 press release, the government of the Federal Republic of Nigeria has signed a letter of intent with seven companies in Lagos.
According to an African Development Bank (AfDB) September 2022 press release, the US government, through its special envoy, John Kerry, has announced that it is supporting the African Development Bank in its fight against methane emissions across the continent with a $5 million grant.
According to a Afreximnbank September 2022 press release, the AfriCaribbean Trade and Investment Forum 2022 (ACTIF2022) concluded with the signing of 14 agreements and Memorandums of Understanding (MoUs).
According to an International Monetary Fund (IMF) September 2022 press release, the IMF will disburse SDR 24.44 million (approximately US$31.9 million) to the Republic of Madagascar.
According to a European Bank for Reconstruction and Development (EBRD) September 2022 press release, the EBRD has approved a $100 million loan to Banque Misr.
According to an African Development Bank (AfDB) September 2022 press release, the AfDB and Portugal have signed a €400 million guarantee agreement to finance private sector initiatives and public-private partnership (PPPs) projects in Portuguese-speaking African member countries.
According to an International Monetary Fund (IMF) August 2022 press release, the Fund’s Executive Board recently approved a 38-month SDR 978.2 million (US$1.3 billion) Extended Credit Facility (ECF) arrangement for Zambia.
The International Finance Corporation (IFC) is investing $4.5 million in Agro Bar Magen Nigeria to build the country’s first salt and mineral block licks production plant.
The International Finance Corporation (IFC) celebrates a successful 60 year partnership with Tunisia during August 2022. The IFC has investments worth $1 million in key sectors of the economy.
Abu Dhabi is the capital of the United Arab Emirates (UAE). Abu Dhabi is the largest emirate by size and GDP contribution. Abu Dhabi boasts a large talent pool with a strong focus on science, technology, engineering and entrepreneurship.
According to a Dutch Entrepreneurial Development Bank (FMO) August 2022 press release, FMO and Startupbootcamp AfriTech are joining forces. This collaboration seeks to support technology start-ups in Africa.
According to an Eskom August 2022 press release, Eskom is partnering with the South African Renewable Energy Technology Centre (SARETEC) by signing a Memorandum of Agreement (MOA) that outlines their joint intention to work together with the aim of developing artisanal renewable energy skills in South Africa.
According to an Emirates Development Bank (EDB) July 2022 press release, the bank, in partnership with Future Factory, has launched a new initiative to provide free consultancy services to SMEs in the UAE operating in the manufacturing, advanced technology, infrastructure, healthcare, and food security sectors.
According to an Afreximbank August 2022 press release, the GasMeth compressed natural gas project in Rwanda is estimated to be worth over USD 300 million.
According to a European Bank for Reconstruction and Development (EBRD) August 2022 press release, the EBRD is supporting Turkey’s transition towards a green economy with a $127 million loan to Turkey’s Isbank.
In this article, ABiQ outlines the Top 5 African countries by Foreign Direct Investment (FDI).
In recent years, Africa has exerted a tremendous amount of effort to enhance its investment landscape. Africa has an abundance of natural resources that remain untapped.
According to a Dutch Entrepreneurial Development Bank (FMO) August 2022 press release, the bank is contributing towards achieving Sustainable Development Goal 2 on hunger reduction by providing a $25 million credit facility to a Turkish agribusiness company, for the construction of a new complex, called Armada Foods.
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