IMF Forecasts Sub-Saharan Africa to Grow by 3.6% in 2024 and 4.2% in 2025
In its report on the Regional Economic Outlook for Sub-Saharan Africa (SSA), the International Monetary Fund (IMF) estimates the region
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FDI
ODK Group Invests in Tractor Assembly Plant in Nigeria
On 22 October 2024, a groundbreaking ceremony for the Nortra Tractors Assembly Plant and Service Center took place in Enugu
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South Africa Ambitions to Drive Auto Exports to ZAR 400B by 2035
At the opening of the South Africa Auto Week (#SAAW2024), the eyes were set on the keynote speech of President
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Benin is 1st African Country to Host UN World Cotton Day
Each year, the 7th of October marks the UN World Cotton Day. In 2024, Benin became the first African country
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China to Pilot Lithium Battery Manufacturing in Zambia
A Chinese firm has announced that it will pilot the manufacturing of lithium batteries in Zambia. The manufacturing facility will
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China Outlines Program of Upcoming FOCAC Summit 2024
On 23 August 2024, the Chinese Vice-Minister of Foreign Affairs CHEN Xiaodong outlined the program for the upcoming 9th FOCAC
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US-Mauritius Business Summit 2024 Promotes Mauritius IFC as Gateway to Africa
The US-Mauritius Business Summit (UMBS) 2024 comes nearly twenty years after a similar event. Under the impulse of US Ambassador
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Bonifiche Ferraresi Invests $100M to Enhance Food Security in Ghana
On 5 August 2024, the Italian firm Bonifiche Ferraresi (BF) officially launched its agricultural project in Ghana. The Project is
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Hengxingwang Forms JV in Tanzania to Develop Maganga Iron Ore Project
On 2 August 2024 in Dar es Salaam, Fujian Hengxingwang (福建恒星旺) of China and the National Development Corporation (NDC) of
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Morocco Attracts Record FDI of $1.6B at end of May 2024
At the start of July 2024, the National Commission for Investment of Morocco released key figures about #FDI into Morocco.
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