The pandemic will be a deciding factor in the region’s economic fortunes. (Image source: Adobe Stock)
Southern Africa is set for an economic rebound in 2021 and 2022, provided the COVID-19 pandemic tapers off, according to African Development Bank (AfDB)
Membership and partnership in the Lusophone Compact is open to AfDB Portuguese-speaking member countries. (Image source: Adobe Stock)
The African Development Bank (AfDB) and IFC, a member of the World Bank Group, on 2 December signed a partnership agreement admitting IFC as the first institutional partner to the Development Finance Compact for Portuguese-Speaking Countries of Africa, or the Lusophone Compact
Tanzanias GDP last year grew by 4.8%. (Image source: Adobe Stock)
The Tanzania economy is poised to grow steadily to reach 8% in five years, which hinges on increased positive utilisation of resources and growth in productivity
Soaring metal prices and food commodities have surpassed pre-pandemic levels. (Image source: Adobe Stock)
After 2020 regional downturn, the International Monetary Fund (IMF) estimated the sub-Saharan Africa (SSA) economy grew at 3.7% in 2021 led by expansion in industry and services but still experienced weaker growth in gross fixed investment
The grant is earmarked for SME targeting local content and women-owned business. (Image source: Adobe Stock)
The African Development Bank Group (AfDB) has approved a grant of US$1.5mn to Mozambique to boost the development of local content
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)
The project sought to address the high accident rate at the old Breidbach intersection and the traffic congestion. (Image source: SANRAL)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
GridOS deployed in a utility control room setting. (Image source: GE Vernova)
BOD3 3D Construction Printer with Material Delivery System Onsite. (Image source: COBOD)
Sub-Saharan Africa was the least connected region in 2023. (Image source: Adobe Stock)
Multiple variants of Grandoreiro are accounting for global banking trojan attacks across the world. (Image source: Adobe Stock)
The Menengai Geothermal Project will be developed in five phases with the goal of developing 465MW of geothermal steam equivalent. (Image source: GDC)
