Africas intra-regional trade was expected to increase by US$34.6 billion in 2022 with establishment of the Continental Free Trade Area (CFTA)
Economy
US$40 million AfDB fund supports Malawian budget
Malawi has been granted approximately US$40 million by The African Development Fund (ADF), part of the African Development Bank (AfDB), to cushion vulnerable groups from the negative impacts of recent economic reforms
Sudan puts economic hopes in US$1 billion sugar factory
Sudan has opened its long-awaited US$1 billion White Nile Sugar factory, which is expected to lift the country out of its current economic decline
Tax relief proposed to encourage South African MNC trade across continent
Experts have welcomed proposals on double taxation in the Taxation Laws Amendment Bill released by the South African National Treasury to aid the countrys multinational companies do business across the African continent
Zimbabwe Stock Exchange to introduce automated trading system
A new manual system is intended to reduce the risk of market manipulation. (Image source: Nick Benjaminsz)
Plans are underway to introduce an automated trading system to the Zimbabwe Stock Exchange (ZSE), after the manual operations have impacted on the growth of the exchange
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Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
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The signing ceremony took place during the 28th Cairo ICT Exhibition and Conference. (Image source: Cassava)
All six of the new cranes will be delivered during November and December 2024. (Image source: Condra)
The solution provides the accuracy and speed needed to isolate unstable batteries before they become a safety risk. (Image source: Brady)
COP29 concluded with the Baku Finance Goal agreement. (Image source: UNFCCC)
The Lintec CSD2500B ensures uninterrupted operations, and its modular construction delivers cost efficiencies and easy installation. (Image source: Lintec & Linnhoff)
