Africa Business Website

Mayor’s Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U

Amid Climate Politics, Uganda Presses on With Oil Pipeline

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  Uganda’s ambitions of joining the oil producer’s club almost entirely rest on a pipeline being built between the oil fields in the Lake Albert region and the Tanzanian port of Tanga on the east African coast. Officially…
Africa news

World Bank approves $275 million in development support for Zambia

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The World Bank has approved US$275 million in assistance to help Zambia recover from the effects of the Covid-19 pandemic and deal with the fallout from the war in Ukraine. The money is to help Zambia, which is "over-indebted", return…
CNBC Africa

South African Rand Weakens as Dollar Firms Amid Economic Uncertainty

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South Africa’s rand fell on Monday (Oct 24), following other emerging market currencies, as the U.S. dollar held firm amid global economic uncertainty. At 1538 GMT, the rand ZAR=D3 traded at 18.4275 against the dollar, 1.75% weaker…
Africa Business Website

Enhancing the Trans-Saharan Road Corridor to Boost Trade and Economic Development

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Trade and transport corridors, the major routes that facilitate the movement of people and goods between regions and countries, have existed for millennia. The Trans-Saharan Road (TSR) corridor, one of the oldest in Africa, comprises a…
UNECA

Interlinking Intra-African Trade, Industrialization and Infrastructure Development where the guns are silent

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Africa’s governance, peace and security landscape has continued to present a very mixed picture, with progress in some countries and regions, stagnation in others and retrogression in yet others, with grave implications for the African Continental…
African News Room

Choiseul Business Summit Aims to Redefine Africa’s Economic Scope

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The Moroccan head of government kicked off the 2022 Choiseul Africa Business Forum in Casablanca on Friday. Hundreds of the most influential decision-makers in Africa were present at the summit, a positive gesture for Morocco that seeks to broaden…
African Business

CEOs say more information needed on AfCFTA

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Over 50% of CEOs surveyed about the impact of the African Continental Free Trade Area (AfCFTA) do not know where to access useful information on the project, according to a new survey. The 2022 CEO Trade Survey Report by PAFTRAC, in association…
Africa Business Website

5th Youth Connekt Africa summit ends with fresh calls to invest in youth

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The 5th edition of the youth connect summit ended in Kigali, Rwanda Saturday (Oct. 15) after 3 days of conferences, masterclasses and networking sessions. Thousands of young innovators and leaders from all across the world attended the event…

Opportunities for Malawi to Manufacture Medicines

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  Malawi stands a chance to start manufacturing medicines from traditional herbs and shrubs using modern technology with encouragement and guidance from African Organization for Standardization (ARSO). This follows remarks by ARSO…
Africa Business Website

Shell enters Africa renewable energy market with Daystar acquisition

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  UK-headquartered oil giant Shell has acquired Daystar Power, a Nigeria-based provider of hybrid solar power solutions to commercial and industrial businesses, as it launches its renewable power presence in Africa. The deal,…