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A Record High for Foreign Investments in Africa Was Reached in 2024

A Record High for Foreign Investments in Africa Was Reached in 2024 In 2024, foreign direct investment in Africa grew significantly, reaching a record $97 billion. Compared to the previous year, this is an increase of 75%. According to the United...

Donald Trump Approves the $14.9 Billion Purchase of U.S. Steel by Nippon Steel

Donald Trump Approves the $14.9 Billion Purchase of U.S. Steel by Nippon Steel After U.S. Steel and Nippon Steel signed a national security agreement with the U.S. Government, President Donald Trump issued an executive order approving the merger of the...

URSB Streamlines Business Registration Process

URSB Streamlines Business Registration Process World Business Journal talks to Mercy K. Kainobwisho, the Registrar General of URSB, about how digitization has reduced the time taken for business registration from 14 days to just 4 to 6 hours, along with...

‘Crypto Card’ Initiative Was Revealed by the National Bank of Kazakhstan

'Crypto Card' Initiative Was Revealed by the National Bank of Kazakhstan The National Bank of Kazakhstan revealed that it will implement crypto cards soon as one of its digital assets’ integration projects. This retail payments initiative is only one of the...

Türkiye Offers New Incentives for Regional Industry Development

Türkiye Offers New Incentives for Regional Industry Development Türkiye works hard to develop its regional industry. Not long ago, the country came out with an investment plan to promote industrial growth. This new incentive scheme would take the production capacity...

URA deploying tech to expand tax base

URA deploying tech to expand tax base World Business Journal talks to John Musinguzi Rujoki, Commissioner General, Uganda Revenue Authority (URA), about the country’s tax regime, initiatives aimed at enhancing both domestic and cross-border tax compliance, and the impact of...

Almost €1 Billion Invested in 15 Green Hydrogen Projects

Almost €1 Billion Invested in 15 Green Hydrogen Projects The EU just announced a new investment that will help reduce carbon dioxide emissions in the future. The Commission declared that it would fund 15 renewable hydrogen production projects across the...

Namibia and Botswana Join Forces for Joint Oil Refinery to Move Towards Energy Independence

Namibia and Botswana Join Forces for Joint Oil Refinery to Move Towards Energy Independence A new change will occur in the Southern African energy landscape. Namibia and Botswana decided to join an energy collaboration and make history. The two are willing...

Disney Opens Theme Park in Abu Dhabi and Enters the Middle East

Disney Opens Theme Park in Abu Dhabi and Enters the Middle East Walt Disney Company made its first announcement in 15 years about opening a new theme park. Abu Dhabi will become home to the 7th Disneyland resort. This is...

The “Free Trade” Deal of the UK and India: An Event that Made History

The “Free Trade” Deal of the UK and India: An Event that Made History Talk between the UK and India has been underway for more than 3 years now. After working on a deal since 2022, the United Kingdom and...

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Egypt Targets Higher Oil and Gas Output with New Drilling Incentives and Debt Repayment Plan

Egypt Targets Higher Oil and Gas Output with New Drilling Incentives and Debt Repayment Plan Egypt is preparing to introduce...
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