Gold, nickel, copper and zinc are seen as major sources of value for investors in Africa and the world in the medium to long term. This should be good news to Zimbabwe's resource-based economy whose future growth is underpinned by mining, agriculture, tourism and policy stability.
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, today announced that USD25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda.
Uganda will seek to join OPEC once the East African nation starts pumping crude out from Lake Albert oil fields along the western border with the Democratic Republic of Congo at the end of the decade, Uganda's energy and minerals minister Irene Muloni said Wednesday.
South Korea is a major foreign investor in Rwanda's blossoming tech scene The two countries share geographical features and have similar recent histories, which has helped foster a mutual understanding KT Corporation, the first South Korean company in Rwanda, has plans to use its base in the country as a hub from which to expand further into Africa