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 Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
Empower and AFRIGREEN partner to fund 26 solar and battery storage systems for Justrite stores across Nigeria
Trina Storage's Elementa 2 Pro – a 5.015 MWh energy storage system designed for ultra-long lifespan, superior efficiency, and maximum safety. (Image source: Trina Storage)
Cargo ships in Durban South Africa
Junttan has a new-generation product line powered by Volvo Penta engines. (Image source: Volvo Penta)
Edith Kikonyogo, managing director, Aggreko Africa. (Image source: Aggreko)
