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MSMEs in Mozambique’s manufacturing sector are struggling, facing significant challenges that hinder growth and innovation, as highlighted by the 2022 Manufacturing Industries Survey. The sector is primarily composed of micro-enterprises, …
Challenges Faced by MSMEs in Mozambique’s Manufacturing Sector Read More
British International Investment (BII) and Ghana International Bank (GHIB) have formed a $50 million partnership to enhance trade finance in West Africa. This collaboration is designed to improve foreign exchange …
BII and Ghana International Bank Launch $50M Partnership to Enhance Trade Finance in Africa Read More
Xinganglian (Shanxi) Holding Group is investing US$3.6 billion in Zimbabwe to develop the Palm River Energy Metallurgical Industrial Park. This project aims to utilize Zimbabwe’s natural resources to establish a …
China’s Strategic Investment in Zimbabwe: A New Steel Production Hub Read More
Microsoft plans to invest approximately $297 million in South Africa to enhance cloud and AI infrastructure by 2027. This investment will upgrade data centers in Johannesburg and Cape Town, support …
Microsoft Invests $297 Million in South Africa’s Cloud and AI Development Read More
Ghana will host a significant event from June 2 to 4, 2025, focusing on sustainable mining. Gathering small-scale miners, policymakers, and global leaders, the event aims to discuss the ASGM …
Uniting Industry Leaders for a Sustainable Mining Future in Ghana Read More
Kenya’s KCB Group and Rwanda’s Bank of Kigali are the first banks to integrate into the Pan-African Payment and Settlement System (PAPSS). Launched on February 26 and 27 respectively, this …
Kenya and Rwanda Banks Enhance Trade Connectivity with PAPSS Integration Read More
Mozambique’s vegetable exports rose by nearly 45% in the first three quarters of 2024, reaching $130 million. This growth is attributed to the recovery from adverse weather conditions. Bananas led …
Mozambique Experiences 45% Increase in Vegetable Exports Amidst Recovery Efforts Read More
Burundi’s real GDP growth is projected to decrease slightly from 2.2% in 2024 to 2.1% in 2025, due to muted domestic demand and increased military expenditure. A recovery to 4.5% …
Muted Economic Growth Projected for Burundi in 2025 Due to Domestic Factors Read More
President Daniel Chapo emphasized the vital contribution of Gapi-SI to Mozambique’s socioeconomic development during its 35th anniversary celebration. He highlighted the institution’s efforts in financial inclusion, support for SMEs, and …
President Chapo Highlights Gapi-SI’s Impact on Mozambique’s Economic Growth Read More
Tanzania is set to stop steel imports due to robust local production growth. Minister Kitila Mkumbo announced that the nation can now meet and exceed domestic demand with its 19 …
Tanzania to Cease Steel Imports Amidst Strong Local Production Growth Read More