Data released by Absa reflects a significant rise in the value of online transactions in 2024.
The removal of all barriers to intra-African trade is not enough. – UN Economic Commission for Africa.
Investors in the UK and Ireland are keen to tap into local sectors such as finance, energy and transport, says Deputy President Paul Mashatile.
These include build-operate-transfer structures for developments such as capacity expansions at Cape Town Container Terminal.
Effective data governance will enable the region to harness the benefits of digitalisation, while ensuring that citizens’ data is protected.
The fund is the largest financier of regional transport infrastructure corridors and energy connectivity across member countries.
The International Monetary Fund has lifted its outlook for the US and UK but lowered it for the Eurozone.
The bloc should use its voice to advance global change – particularly on the resolution of conflicts.
Initiatives include improving the future of transport networks and connectivity through innovation and digitalisation.
Retailer stocks have risen by 42.4%, bank stocks by 35.2%, listed property by 21.4% and bonds are up by 13%.
The survey highlighted several other concerns, including rail and sea freight services.
“We continue to see Russia as a valued ally and friend who supported us right from the beginning.”
Economic activity in sub-Saharan Africa is projected to grow by 3% in ’24 from 2.4% in ’23.