Nigeria’s more than 140mn people will be better-off if the six per cent average growth of the economy is matched with more productive and stable jobs and a more equitable distribution of income.
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International mergers and acquisitions are forecast to decline by 56 per cent in 2009 compared with 2008, the largest year-on-year decline since 1995.
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South Africa has developed an established, diversified manufacturing base that has shown its resilience and potential to compete in the global economy - providing a locus for stimulating the growth of other activities, such as services, and achieving specific outcomes, such as employment creation and economic empowerment.
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The Abu Dhabi Fund for Development (ADFD) has inked a AED169mn (US$ 46mn) loan agreement to construct a vital 77km highway linking two of the most important cities in Tanzania: Kidaho and Ovinza. This road is part of a key highway linking the western part of the country with Dar as Salam in the east.
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