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Abiy Ahmed · EthiopiaAddis Abeba -- Ethiopian Investment Holdings (EIH), the government's strategic investment arm, and Dangote Group have signed a landmark shareholders' agreement to develop and operate a $2.5 billion urea fertilizer production complex in Gode, Somali Regional State.See the Story
Ethiopia, Dangote Group Ink $2.5 Billion Deal to Build Fertilizer Complex in Gode, Somali Region
Coverage: 6 sources
South Africa · South AfricaFaced with a difficult market, a failing rail system and repeated power cuts, the South African steel industry announced on Tuesday 2 September the closure of its long steel operations.See the Story
Arcelormittal Will Close Steel Plants in South Africa, Threatening 4,000 Jobs
100% Left coverage: 1 sources
Finance · Port LouisAgDevCo, a specialist impact investor focused on agriculture in Africa, has announced a follow-on investment of $7.2 million in its long-standing portfolio company, EFAfrica Group (EFAG). Structured as a long-term loan, the funding is designed to help EFAG scale its operations and extend its reach to more farmers and agribusinesses across the continent. EFAG plays a critical role in Africa’s agricultural ecosystem by offering equipment leasing s…See the Story
