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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.

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.

The IFC funds will be spent across sub-Saharan Africa’s energy and transport sectors. (Image sources:

The International Finance Corporation (IFC) has announced that it will offer US$4.3bn to Africas energy and transport sectors 

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