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AfricaBiz

Africa Business News

Egypt Tender and Business News

iflix Announces Exclusive Streaming Deal with Vodafone Egypt

Kuala Lumpur-based iflix, a major streaming entertainment service for emerging markets, just announced it has established a new exclusive partnership with Vodafone Egypt to offer subscribers unlimited access to iflix's entertainment programs for just EGP 1 per day.

Eni Announces Oil Discovery on A-2X Prospect in Egypt

Italian energy company Eni just announced it has discovered oil in the Egyptian Western Desert, 103 kilometers north of the oasis of Siwa. It is located on the A-2X exploration prospect located in South West Meliha license.

Egypt Makes First Move to Develop Mining Sector

The Engineering for the Petroleum and Process Industries (ENPPI), an Egyptian engineering company, has signed a contract with British metals and mining consultancy company Wood Mackenzie, marking Egypt’s first strategy to develop its mining sector to optimize the country’s benefit from mineral wealth.

ACCIONA and Swicorp Construct Three PV Plants in Egypt

ACCIONA Energía, the renewable energies operator subsidiary of ACCIONA Group in Spain, and Enara Bahrain Spv Wll (ENARA), the renewable energy platform of the Saudi Arabian company Swicorp, have begun construction work on three PV plants in Egypt with a total rated capacity of 150MW-186MWp.

Vodacom Inaugurates A Future Jobs Program For The Youth Around the World

Vodacom, a South African mobile communications company, has launched a future jobs programme entitled “What will you be?” which uses the Future Jobs Finder portal to provide career guidance and access to training content to enhance the prospects of South Africa’s youth in the digital economy.

EBRD Completes Equity Investment in Bank Audi sal

The European Bank for Reconstruction and Development (EBRD), a multilateral bank headquartered in London, United Kingdom, has completed an equity investment in Bank Audi sal, a banking group in Lebanon.

GAFI To Promote Inward Investments Into Egypt

On 9-11 April 2018, Egypt will be leading a large delegation to participate at the Annual Investment Meeting (AIM) To promote investment-friendly regime with new investment law to secure FDI to power its economic growth.

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