African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Morocco’s House of Representatives on Tuesday adopted Bill No. 82.21 relating to a project for the self-production of electrical energy, the country’s Ministry of Energy Transition and Sustainable Development has …
President Joe Biden of the United States of America has announced the commitment of $350 million to facilitate digital transformation in Africa. According to Biden, such intervention would help to …
The United States (US) government to invest $1 billion in education and youth programming in Africa within the next two years, US Vice President Kamala Harris, has announced. The funds, …
Dense wavelength division multiplexing is an optical fiber multiplexing technology that is used to increase the bandwidth of existing fiber networks. Etisalat by e& has collaborated with Huawei to complete …
Major electronics manufacturers in Apple Inc’s supply chain are expected to speed up shifting their production lines out of China after the country’s COVID-19 restrictions caused frequent disruptions, Yuanta Securities …
The Corporate Council on Africa, the leading U.S. business association focused solely on connecting business interests between the United States and Africa, says Botswana will host its 15th U.S.-Africa Business …
Equinix plans to invest $160 million to build its first data centre in South Africa, as part of the firm’s African expansion push.The US data centre company will build its …
The world’s longest undersea cable, 2Africa, has made landfall at Yzerfontein and is linked to its cable landing station at Duynefontein near Cape Town. MTN GlobalConnect officially announced the landing …
Eskom “technically” implemented stage 7 load-shedding at one point last week, according to the Bureau for Economic Research’s (BER’s) latest weekly review. The BER argues Eskom’s power cuts reached this …
Flour Mills of Nigeria Plc has announced the commencement and call for applications in the second edition of its ‘Prize for Innovation” competition. The annual competition, which started in 2021, …
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