Economy
Manufacturing in SA
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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.
Finance that links business and people
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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.
Obama joins chorus of condolences for Ethiopia’s Zenawi
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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
China claims its investment in Uganda is worth US$596 million
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Chinese ambassador to Uganda, Zhao Yali, has said that Chinese investment in the country was currently worth US$596mn
IFC to push funds into Africa's energy and transport industries
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The International Finance Corporation (IFC) has announced that it will offer US$4.3bn to Africa's energy and transport sectors
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