The Zambian Kwacha is expected to gain strength against the US dollar after the mineral royalty tax is changed. (Image source: NumismaticCoinHistory/Flickr)
The Zambian government’s approval to change the mineral royalty tax regime is expected to strengthen the local currency Kwacha against the dollar, stated Zambian banks
Emmanuel Nnadozie, executive secretary of ACBF and Nkosazana Dlamini Zuma, chairperson of the African Union Commission. (Image source: AU)
The African Union (AU) has extended a US$3mn grant from the African Capacity Building Foundation (ACBF) in a bid to support its three-year capacity building programme
Oil exporting countries such as Nigeria have been affected by the downturn in international petroleum markets. (Image source: Bill Kret)
As private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance
Christian Adovelande, president of BOAD. (Image source: BOAD)
The Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn
The Nigerian insurance major is banking on the boom in Africa’s construction and infrastructure sector. (Image source: Pedro Moura Pinheiro/Flickr)
Nigerian company Continental Reinsurance plans to double premium income from its property and engineering business to US$80mn in the next five years, said executive director Lawrence Nazare
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
The AfDB board complemented Transnet for progress made in rolling out its compliance and governance improvement programme. (Image source: AfDB)
The new data centre is ‘EcoStruxure-ready’, with components of the installed EcoStruxure for Data Centers platform solution. (Image source: Schneider Electric)
d.light has a proven track record in the use of securitised finance to support its solar-powered household products in sub-Saharan Africa. (Image source: d.light)
Ghana’s President, Nana Addo Dankwa Akufo-Addo, speaking at the launch. (Image source: Office of the President, Republic of Ghana)
Dietmar Siersdorfer speaking at Africa Energy Forum in Barcelona. (Image source: Siemens Energy)
The generator set fitted with a Perkins 1103 is providing vital backup power at the St Patrick School in Uganda. (Image source: Perkins)
5G technology deployment will take place later this year. (Image source: Adobe Stock)
Spiro will draw from its experience in Kenya, Benin, Togo, Rwanda and Nigeria as it launched in Uganda. (Image source: Spiro)
According to IRENA, concrete policy actions and massive mobilisation of finance at full speed is required in order to meet the 2030 target. (Image source: Adobe Stock)
The distributor will hold specialised training and empowerment sessions to enable its channel network to effectively deliver Vertiv’s portfolio, as well as managing inventory to serve the market. (Image source: Vertiv)
The HQ is expected to be completed and handed over by February 2025. (Image source: ECOWAS)
Africa’s share of global manufacturing only sits at around 2% today. (Image source: Adobe Stock)
There are numerous but not insurmountable challenges facing Africa's aviation sector, according to IATA. (Image source: Adobe Stock)
Africa Energy Forum 2024 was held in the Fira de Montjuïc in Barcelona. (Image source: ACP)
The quality design and manufacture of SEW-EURODRIVE South Africa’s panels and enclosures can be suited to any customer requirement wall mounts. (Image source: SEW-EURODRIVE)
