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
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The Cat G3520 Fast Response natural-gas generator set is available for dealers around the world. (Image source: Cat)
Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)
Emirates SkyCargo partners with Astral Aviation to enhance global trade routes, boosting cargo connectivity and economic opportunities across Africa. (Image source: Emirates SkyCargo)
WATT Renewable Corporation increased capacity by 17%, improved uptime to 99.5%, and cut 1,329 tonnes of CO₂ through hybrid solar solutions. (Image source: WATT Renewable Corporation)
AI-driven cyberattacks, including phishing and DDoS strikes, are evolving across Africa, requiring proactive security measures and awareness. (Image source: Adobe Stock)
Masdar, TotalEnergies, and EPointZero collaborate to boost clean energy access in Africa, Asia, and India under UAE-France Business Council. (Image source: Masdar)
Kaspersky enhances Cloud Workload Security with advanced forensic tools, runtime protection, and orchestrator security for large-scale container deployments. (Image source: Adobe Stock)
