Economy

Foreign Domestic Investment into Africa rises

Ajen Sita CEO EY AfricaSouth Africa shares the title of largest African Foreign Domestic Investment (FDI) hub with Morocco in 2017, according to a report released by Ernest and Young Global (EY)

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SEZs are crucial in reviving manufacturing in South Africa: Dube TradePort CEO

IMG 3203 1Dube Tradeport CEO Hamish Erskine said Special Economic Zones (SEZs) are key in reviving the manufacturing sector and creating sustainable jobs

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Abu Dhabi and Sierra Leone deepen bilateral ties

sierra 25Julius Maada Bio, President of Sierra Leone, has met the deputy minister of foreign affairs for the UAE Yakoub Yusuf Alfu-Salim at State House and discussed plans to strengthen bilateral ties

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GCF approves three AfDB proposals worth more than US$110mn

AfDB proposal 24The Board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank (AfDB) totalling more than US$110mn

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AfDB launches US$500mn credit insurance deal

Africa investment 23The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) have successfully completed a US$500mn credit insurance deal to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa

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