Chancellor Olaf Scholz says German companies are looking for gas deliveries from Nigeria. At the…

The African Development Bank (AfDB) has initiated a five-year plan to stimulate growth in South Africa, the continent’s most advanced economy. Dubbed the Country Strategy Paper (CSP) 2023-2028, AfDB has outlined two main lines of action. The Bank aims to enhance governance while deploying strategies to revamp the private sector.
Concerning governance, CSP 2023-2028 will support the South African government in its efforts to address persistent structural challenges. This approach aims to promote industrialisation and establish a faster, more inclusive growth trajectory to combat poverty.

Across East Africa’s vibrant economic landscape, Kenya and Tanzania hold a prominent position as both trading partners but also nations engaging in a fierce economic rivalry. Collectively, the two countries collaborate in business, yet never-ending feuds often erupt into disruptions that hurt cross-border trade. Overall, their trade wars slow regional integration while limiting the nations’ ability to exploit the full potential of the East Africa Community (EAC) market.

Tanzania has reasserted its commitment to developing its mining sector and improving its investment environment to attract more Foreign Direct Investment. President Samia Suluhu Hassan affirmed this at the 2023 Tanzania Mining & Investment Forum (TMIF) in Dar es Salaam.

Africa’s digital transformation has caught the eye of many investors, aspiring to profit from its rapid growth. Over the years, Africa’s fintech, e-commerce, and mobile industry have significantly grown, showcasing the continent’s untapped potential. Unfortunately, despite the valid efforts of several governments, Africa’s progress is currently experiencing difficulties.

Vehicle maker Mahindra has agreed in principle to set up a tractor assembly plant in…