China claims its investment in Uganda is worth US$596 million
Chinese ambassador to Uganda, Zhao Yali, has said that Chinese investment in the country was currently worth US$596mn
Economy
IFC to push funds into Africa's energy and transport industries
The IFC funds will be spent across sub-Saharan Africa’s energy and transport sectors. (Image sources: sxc.hu)
The International Finance Corporation (IFC) has announced that it will offer US$4.3bn to Africas energy and transport sectors
US$97 billion earmarked for South African infrastructure
Jacob Zuma. (Image source: South African Government Communication and Information System)
South African president, Jacob Zuma, has announced a US$97 billion, three-year building programme that will see roads, ports and access to utilities upgraded and coal and other mineral deposits exploited more effectively
IMF expresses faith in Mozambique’s economic policies
International Monetary Fund headquarter in the US. (Image source: IMF)
The International Monetary Fund (IMF) has expressed faith in Mozambiques economic policy and said that the country’s economy is currently in a good shape
GE to invest in Rwandan economy
General Electronics (GE) has revealed its plan to invest in the Rwandan energy, oil exploration and healthcare sectors
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