The Fund comprises 32 contributing states and benefits 37 countries. (Image source: Nina Stock/Adobe Stock)
Donors of the African Development Fund (ADF) greed to commit US$7.6bn to speed up growth in Africa’s poorest nations and help lift millions out of poverty
(Image credit: IMF)
Overall, growth in sub-Saharan Africa (SSA), home to over 1 billion people remains at below potential in recent years because of continued external headwinds and climate shocks, such as droughts, cyclones and heavy rainfalls coupled with security tensions and slower pace of domestic reforms in some countries
The conference stressed on the fact that joblessness could result in unrest and conflict. (Image source: AfDB)
The 2019 African Economic Conference (AEC) opened in the Egyptian resort city of Sharm El Sheikh on Monday with a call on African policymakers to take bold steps to tackle red-tape and high startup costs in order to create decent and well-paying jobs for the continent’s youth
Namibia’s fisheries is the third largest income earner and contributes about 15 per cent of total exports. (Image source: Arek Socha/Pixabay)
The blue economy, the sustainable use of ocean resources for economic growth, in Africa has the potential to be a site of economic production, linking small, medium and big production firms to promote poverty alleviation, equality and better living standards for the people, according to the Economic Commission for Africa (ECA) director for Southern Africa (SRO SA) Said Adejumobi
The partnership aims to achieve the financial inclusion in Namibia. (Image source: German Embassy in Windhoek)
NamPost and KfW Development Bank have signed an agreement for a concessional loan of US$22.11mn to provide micro-loans to micro, small and medium-sized companies and households in rural and remote areas via NamPost subsidiary PostFin
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
By localizing production, Stellantis is contributing to job creation, skill development, and technology transfer in Egypt. (Image source: Stellantis)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The project is expected to expand electricity access to the nearby community. (Image source: Adobe Stock)
Bboxx Protect offers exclusive coverage for Bboxx Ride customers, including protection against material damage, fire, third-party liabilities, life insurance, and total permanent disability. (Image source: Bboxx)
The load arrived at the copper mine site on 25 November and was successfully offloaded. (Image source: Vanguard)
Volvo’s On-Board Weighing systems are designed for wheel loaders, excavators and articulated haulers. (Image source: Volvo CE)
Raxio Mozambique and Raxio Ethiopia join a growing portfolio of Tier III-certified data centres. (Image source: Raxio)
