Economy

AfDB, Portugal and Cabo Verde to accelerate diversification, private sector development

privatisaThe African Development Bank (AfDB) and the governments of Cabo Verde and Portugal have signed a country-specific memorandum of understanding to implement the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries in Africa

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EU to provide US$44.8bn to accelerate Africa’s investment

EU ECAExtending its support to the African Continental Free Trade Agreement (AfCFTA), the European Union (EU) Commission has proposed US$44.8bn to attract investments that are set to create around 10mn jobs in Africa

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African Development Fund impacts lives of millions in the continent

afdb engThe African Development Fund (ADF) is facilitating rapid rollout of development projects and continues to transform and sustain lives to provide a concessional buffer to needy economies on the continent

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Zimbabwe launches new industrial policy

africa zimZimbabwe government has launched new industrial policy with an aim to transform the economy through value addition, increase employment levels and promote a culture of savings

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ECA supports Chad to flesh-out AfCFTA strategy

chad afThe UN Economic Commission for Africa (ECA) has announced its support to Chad to flesh-out African Continental Free Trade Area (AfCFTA) strategy

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