The loan aims to enhance the efficiency of the Cameroon-Chad Transport Links. The African Development Bank Group’s Board of Directors has approved two loans for Cameroon totalling $342.92 million. These funds are designated to significantly improve transport infrastructure along the Douala-N’Djamena trade route, fostering enhanced connectivity with neighbouring Chad. This development is expected to deliver…
The international dairy company, owned by over 8,400 European farmers, continues to make strides in the MENA region. Arla Foods has submitted a non-binding offer to acquire a majority stake in the Arabian Food Industries Company (Domty), a prominent player in Egypt’s food sector. Domty, a publicly listed company, employs approximately 4,000 people and operates…
International Federation of Robotics Releases World Robotics 2024 Report. The report recorded 4,281,585 units operating in factories worldwide – an increase of 10%. Annual installations exceeded half a million units for the third consecutive year. By region, 70% of all newly deployed robots in 2023 were installed in Asia, 17% in Europe and 10% in…
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