Zambia: Economic Development Summary for 2015

During the past decade Zambia’s economy has shown impressive growth averaging above 7% per annum. Growth was driven by investments in the mining sector with spillover effects into construction, transport, communications, wholesale and retail. Growth was furthermore facilitated by favorable copper prices, underpinned by demand from China, and increasing trade with neighboring countries. Economic turmoil […]

Egypt: Investment Minister – Petrochemicals Project in Gulf of Suez With U.S. $7.5 Billion Investments

Minister of Investment Ashraf Salman met with representatives of the US imports and exports bank, representatives of the Korean imports and exports bank and a number of US, Italian and Korean financial institutions, where they discussed establishment of a petrochemicals project in the Northwest Gulf of Suez with an investment cost reaching USD 7.5 billion. […]