Staff Writer

 As governments across the MEA region are investing heavily to develop world-class tourism and entertainment infrastructure as part of their economic diversification strategies, the leisure and entertainment industry is experiencing a period of boom in the post-pandemic era. Driving growth for the industry are family entertainment centres (FECs) and theme parks, which are expected to record a compound annual growth rate (CAGR) of over 10% in the coming years, indicates […]

 International oil companies (IOCs) active across Africa’s energy sector are delivering on a promise to support economic growth, job creation, capacity building and knowledge sharing. Within the past month alone, energy major bp and its partner Harbour Energy started production at the second phase of the Raven development, offshore Egypt, while Italian supermajor Eni contracted Chinese engineering firm Hilong Offshore Engineering to deliver transportation and installation works for two wellhead […]

 South Africa’s newly established South African National Petroleum Company (SANPC) will host an investor roadshow at the Invest in African Energy (IAE) Forum in Paris this May, highlighting its strategic vision and the more than R95 billion in untapped market and investment opportunities in South Africa’s oil and gas sector. Under the theme "South Africa’s Energy Future: A New Age State Entity," the presentation will be led by SANPC CEO […]

 With maintenance nearing completion on one of the three turbines at the 484 MW gas-fired Centrale Électrique du Congo (CEC) power plant, the Republic of Congo’s state-owned electricity company is strengthening its role in driving electrification and industrial growth. In 2024, CEC achieved its highest production year, generating 2.39 TWh with a peak demand of 423.9 MW. Gianmaria Pozzoli, Director General of CEC, will participate in the Congo Energy&Investment Forum […]

 Africa’s gold sector continues to be a major driver of foreign investment and revenue generation, with major producers such Ghana generating $5 billion in revenue from the artisanal sector alone in 2024. Amidst the sector’s growing contribution to sustainable development in Africa, countries are strengthening partnerships with global investors to launch new projects and unlock fresh opportunities for industrialization. The upcoming African Mining Week (AMW) - Africa’s premier event for […]

 Christoffer Ek, Director for Decarbonization Services at Wärtsilä Energy, will join the Invest in African Energy (IAE) Forum 2025 in Paris this May, bringing his expertise in sustainable energy solutions and decarbonization technologies to the forefront of Africa’s energy transition. Wärtsilä Energy, a global leader in smart technologies and services for the energy industry, has been at the cutting edge of decarbonizing energy systems through its innovative solutions. The company […]

 The Canadian Mining Games is an annual competition providing an opportunity for mining engineering students from across Canada to showcase their mining knowledge, problem-solving and adaptive capabilities through a variety of challenges. “By sponsoring our team, Elephant Trade-Services DRC is playing a vital role in supporting the next generation of mining engineers while gaining exposure to Canada’s top talent in the field,” said team captain, Feroz Shah. “Your support will […]

 Ambassador Amadou Diongue, ECOWAS Resident Representative in Benin, paid an courtesy visit to Mr. Sacca Lafia, President of the Autonomous National Electoral Commission (CENA) of the Republic of Benin. The meeting, held at CENA headquarters in Cotonou, was an opportunity for the two officials to exchange New Year greetings and engage in constructive dialogue concerning the 2026 general elections in Benin. The exchange emphasises the importance of proactive engagement and […]

 In a significant development for synergy and cooperation, the Islamic Corporation for the Insurance of Investment&Export Credit (ICIEC) (http://ICIEC.ISDB.org) and the International Islamic Trade Finance Corporation (ITFC) both members of the Islamic Development Bank (IsDB) Group signed a Documentary Credit Insurance Policy (DCIP). This strategic cooperation marks a robust step forward in managing and mitigating risks associated with Letters of Credit (LC) transactions involving Shariah compliant goods and services across […]