The removal of all barriers to intra-African trade is not enough. – UN Economic Commission for Africa.
AfDB has approved a $54m loan for the country’s first wind energy project.
Economic activity in sub-Saharan Africa is projected to grow by 3% in ’24 from 2.4% in ’23.
PMI survey shows business sentiment remains volatile, with respondents expecting softer growth over the next 12 months.
The latest Standard Bank Africa Trade Barometer shows that the country’s appeal has grown while Ghana is no longer a top contender.
The airline has announced a significant increase in its flight frequencies to key African destinations starting in November.
Many businesses across Africa are not fully aware of the benefits and are limited in their ability to leverage the agreement for growth.
“African airlines have an average load factor of only 60%.” – RwandAir CCO.
Botswana is the only African country that has successfully developed its resources sector to the general benefit of its population.
In Africa, complex customs procedures cause border-crossing delays stretching up to 36 hours in some areas.
Least developed countries with diplomatic ties to Beijing will benefit from zero-rated tariffs.
