Wednesday, July 15

Investing

Lobito Corridor

The Lobito Corridor represents a significant transport infrastructure project in Africa. The project will now become a reality with the backing of the US. Moreover, this is one of the projects through which Washington seeks to strengthen its investment ties on the continent. This project entails a transportation network that links northwest Zambia to Angola’s Benguela railway, ultimately connecting to the strategic Lobito port, the second largest seaport in oil-rich Angola.

Green hydrogen

The vast renewable energy potential across the African continent, combined with Europe’s ambitious production and import targets, is reshaping energy pathways and challenging established norms. Moreover, Africa and Europe have taken the reins in driving the global green hydrogen economy, marking a landmark shift in energy dynamics. 

Pharmaceutical industry in Africa on the rise.

Africa has taken giant strides to become a global pharmaceutical manufacturing hub, with the sector catching the eye of international investors. For Africa, achieving medical security has become a priority. This is especially so following the painful lessons the continent picked when tackling the COVID-19 pandemic. As other continents got vaccines on preference, Africa was vulnerable due to her overreliance on foreign support.

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