Thursday, April 16, 2026 - 15:56:04
Loading weather…

Economic Growth

Latest

IFC and Canadian officials discuss solar-powered economic development in Nigeria.

IFC And Canada Invest In Husk To Catalyze Solar-Powered Economic Growth In Rural Nigeria

The International Finance Corporation (IFC), a member of the World Bank Group, with the support of the Government of Canada, today announced a $5 million investment in Husk Power Energy Systems Nigeria Limited (Husk Nigeria), a subsidiary of Husk Power Systems Inc., to expand access to reliable, renewable energy in underserved communities across Nigeria. The […]

...
Speaker at Big 5 South Africa construction event with audience.

Big 5 Construct South Africa Returns For Its 12th Edition, Catering To The Country’s $125 Billion Construction Market

South Africa’s government has committed more than $50 billion over the next decade towards construction and infrastructure development (source: Construct South Africa). Aligning with the country’s ambitious plan, the 12th edition of Big 5 Construct South Africa and the inaugural South Africa Infrastructure & Water Expo will take place from 18 – 20 June 2025 at the […]

...

Empowering Africa’s Green Transition: Financing Bankable Projects To Accelerate Industrialisation And Sustainability

The African Development Bank (AfDB) and the World Bank have jointly announced a groundbreaking initiative that promises to reshape Africa’s energy landscape and accelerate green industrialisation. With the AfDB committing US$18.2 billion and the World Bank pledging up to $40 billion in financing, this ambitious endeavour is poised to unlock new pathways for growth, investment, […]

...
African woman smiling, representing energy progress and transition efforts in Africa.

Powering Africa’s Future: The Urgency Of Energy Transition

By Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy Energy access is a fundamental driver of economic growth. However, Africa faces a daunting challenge – approximately 600 million people continue to live in energy poverty, while one billion lack access to clean cooking solutions. […]

...
African business professionals discussing manufacturing advancements at a trade event.

Africa’s Manufacturing Industry Faces Critical Challenges In 2025

As Africa’s manufacturing sector strives for growth and competitiveness in 2025, industry leaders are grappling with a range of challenges that threaten to slow progress. From supply chain disruptions to skills shortages and energy constraints, manufacturers must navigate a complex landscape to unlock the continent’s full industrial potential. 1. Supply Chain & Logistics DisruptionsOngoing global […]

...
Group of officials and leaders wearing masks outside government building.

Reflecting On The Malabo Declaration: Lessons For The CAADP 2026–2035 Strategy

The African Union Extraordinary Summit on the Post-Malabo Comprehensive Africa Agriculture Development Programme (CAADP) held in Kampala, Uganda, adopted a new 10-year CAADP Strategy and Action Plan on 13th January 2025. This new strategy aims to build resilient, inclusive, and sustainable agrifood systems across the continent, addressing urgent challenges like hunger, climate change, and economic […]

...
Smiling business professional in formal suit, representing Cape Town's economic growth.

Cape Town’s Continued Global Recognition Unlocks Opportunities For Local Business Growth

With Cape Town’s recent recognition as the Best City in the World for 2025 by Time Out, a global authority on city culture, travel, and experiences, the city has once again cemented its status as a world-class destination. Renowned globally for its natural beauty, cultural vibrancy, and exceptional infrastructure, Cape Town continues to attract international acclaim as a […]

...
Gas Reserves Unlocking at Africa Gas Forum.

Africa Energy Indaba 2025: Unlocking Gas Reserves Through The Africa Gas Forum

Africa’s energy landscape is rapidly evolving, with natural gas emerging as a cornerstone for economic growth and energy security. The Africa Energy Indaba 2025, taking place from 4–6 March 2025 at the Cape Town International Convention Centre, will host the Africa Gas Forum, a pivotal platform to address opportunities, challenges, and innovations in the continent’s burgeoning gas industry. The Africa Gas […]

...

The Problem With Transactionalism

By Michelle Gavin For some, the future of U.S.-Africa policy is looking up. Optimists are trumpeting the virtues of President-elect Trump’s enthusiasm for transactionalism, noting that it could lead to more investment on the continent and less moral posturing. Certainly, those outcomes are desirable, and a more transactional approach could, in some instances, line up U.S. priorities more closely with […]

...

AfCFTA Paves The Way For Deeper India-Africa Economic Ties

India’s trade with Africa has grown significantly in recent years, making India one of the continent’s most important economic partners. In 2023, bilateral trade reached USD $103 billion, positioning India as Africa’s third-largest trading partner after the European Union (EU) and China. This represents a significant jump from just USD $7.2 billion in 2001. India […]

...

Categories

Headlines

CMS Africa logo with vibrant colors representing digital content management across Africa.