South Africa has extended by two months a deadline for companies to reach financial close for projects aimed at adding emergency generation capacity to end nationwide blackouts, according to people …
Business Policies
Kenya to begin exporting its goods duty-free outside of the East African Community (EAC) bloc after a deal was reached on tariff lines that will exclude up to 88 per …
(Bloomberg) — When Zimbabwean businessman Nigel Chanakira asked 100 chief executive officers at a seminar in Harare on Jan. 27 if they were willing to use the local currency, only …
Countries in sub-Saharan Africa will need to invest 1.5 times or more than advanced economies as a share of GDP today to support economic development and build low-carbon infrastructure to …
South Africa’s growth predictions for 2022 have been lowered by the International Monetary Fund (IMF) due to a poorer-than-expected second half in 2021 and a weaker outlook for investment, as …
The Department of Employment and Labour (DEL) has expressed concern over illegal recruitment practices in South Africa, such as the hiring of immigrant foreign workers who are illegally residing in …
- AfricaBusiness PoliciesWestern Africa
United Kingdom signals West African expansion at Africa Investment Conference
UK exporters gain a foothold in the West African region, which accounts for over one-quarter of Africa’s GDP; Demand for UK products and services expands in West Africa, with deals …
Kenya’s horticulture regulator has extended the ban on exporting popular avocado kinds to foreign markets to prevent the harvesting of immature avocado crops. Head of Horticultural Crops Directorate (HCD) Benjamin …
Africa is poised to move away from traditional retail models and become the world’s fastest-growing, richest, and most sophisticated market, according to the bi-annual Global Retail Development Index (GRDI), a …
- Business PoliciesHospitality, Travel & TourismNorthern Africa
Egypt launches Africa’s first environmentally-friendly flight from Cairo to Paris
EgyptAir, a state-owned flag carrier of Egypt pioneers Africa’s first test flight with environmentally friendly services on board to Paris from Cairo International Airport. The Egyptian minister of civil aviation …