Business & Economy3 stories
Pan-African Initiatives Target Industrial Development, Aviation, and Agriculture - September 2025
ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer, has secured a US$700 million capital injection from Vision Invest, a Saudi Arabian infrastructure firm. In a separate development, African aviation experts from 19 countries have endorsed a model bilateral air services agreement. This agreement is aimed at accelerating the liberalization of African skies under the Single African Air Transport Market (SAATM). Additionally, a $3.35 million (Sh443 million) project has been launched in Kenya and Africa to breed climate-friendly cows. The three-year initiative aims to use genetics and traditional knowledge to improve indigenous breeds, reduce methane emissions, and boost productivity.