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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

The cooperation between Ecobank Group and the European Investment Bank to support private sector investment across Africa was formally agreed at the EU Delegation. (Image source: Adobe Stock)

Ecobank Group, one of the leading pan-African banking groups, has signed an agreement for a US$112mn long-term credit facility over nine years with the European Investment Bank (EIB)

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