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All the latest economic news from the Indian Ocean by sector
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Reads from Africa Insights
Green transport : Electric buses in Rwanda
Electric bus market trends in Africa Urban transport buses account for around 25 % of total transport sector emissions. Preference for this type of public transport
Digital transition : Cloud technology in Africa
The emergence of cloud computing in Africa significantly bolsters its digital transformation. The adoption of this technology offers promising prospects to enhance innovation, socio-economic development, and
Mining Indaba 2024 : Boosting the mining sector
At a time when the world is fully committed to the energy transition, Africa is aspiring to boost its mining sector. The Mining Indaba 2024 conference
Saham Group acquires Société Générale Maroc for 745 million EUR
The sale of the French banking giant to the Saham Group aligns with Société Générale’s strategic roadmap unveiled in September 2023, aimed at streamlining its operations.
Case Studies
Privatization in Egypt : 1.9 billion USD in assets soon to be sold
The Egyptian government has embarked on a significant privatization push to revitalize its economy and attract foreign investment, selling off state assets worth a staggering 1.9 billion USD.
African Agricultural Advancement : Eight Nations to Sign Rice Production Agreement with South Korea
In July 2023, Seoul launched an 80 million USD investment project called the “K-Ricebelt Project” in eight African countries to support the development of rice production.
Gateway to growth in Madagascar: Discovering the Port of Toamasina
The Port of Toamasina, strategically located on the East Coast of Madagascar, holds a pivotal role as the country’s primary port, designated as a « Port of National Interest ». Equipped with state-of-the-art facilities, it efficiently handles long-haul vessels’ loading and unloading operations.
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- February 23, 2024
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