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.
US President Barack Obama has joined a host of international figures in offering his condolences to Ethiopia after the death of the country’s Prime Minister on Monday
Chinese ambassador to Uganda, Zhao Yali, has said that Chinese investment in the country was currently worth US$596mn
The International Finance Corporation (IFC) has announced that it will offer US$4.3bn to Africa's energy and transport sectors