Egypt and the World Bank launch a partnership to boost mining and raise its GDP contribution to 6%.
Egypt and World Bank partnership
Egypt and the World Bank Group have launched a partnership aimed at developing the mining sector and increasing its contribution to gross domestic product (GDP) to 6 percent. This is indicated in a statement from the Ministry of Petroleum and Mineral Resources published on Saturday, October 24.Initiative covering eight countries
This partnership is part of an initiative covering eight countries. It includes legislative and financial reforms, improving the quality of geological data, digitizing systems, and developing mineral processing capabilities in order to attract more investments.Gabon's mediation mechanism
Gabon is establishing a free mediation mechanism to facilitate the resolution of disputes between customers and financial professionals. This move aims to enhance trust and efficiency in financial services within the country.Benin's SME financing challenges
In Benin, SMEs continue to face difficulties in accessing financing, despite their importance in the national economic fabric. The approval of the SME guarantee fund by the BCEAO is two years after its creation.Zimbabwe's wheat production
In Zimbabwe, wheat production has been increasing for several years, while local processing capacity is developing. Some segments are concerned about the increase in imports.Namibia's wind energy project
In Namibia, InnoVent strengthens the electricity offer with the inauguration of the Diaz wind farm. Still dependent on imports for its electricity supply, Namibia is mobilizing private producers to develop and exploit its resources.Matobo Mountains' significance
In the southwest of Zimbabwe, the Matobo Mountains offer one of the most spectacular landscapes in southern Africa. Classified as a UNESCO World Heritage Site, the Matobo Mountains are referred to as the granite kingdom where the soul of Zimbabwe is revealed.