Business

President Lourenço urged U.S. companies to diversify beyond traditional oil and mineral extraction and invest in sectors such as automotive manufacturing, shipbuilding, tourism, cement production, and steel production.

While delivering the Budget Speech, the Chairperson of the Ministerial Council implored upon the House to debate and approve the proposed regional Budget.

The Coca-Cola system supported more than 1 million jobs across its value chain on the continent in sectors like retail, agriculture, manufacturing, transport and services.

Valor will oversee the successful opening and management of each of the Namibian properties, drawing on their deep global experience to bring a best-in-class offering to the agreement.

Lobito is a commercial railway line that will run through Angola and extend to the borders of Zambia and the Democratic Republic of Congo, with plans for extension into Tanzania.

Accor Signs Novotel Victoria Falls, Marking Strategic Market Entry into Zimbabwe New-build property to open in 2028 at UNESCO World Heritage Site.

Forming a special crossing section over part of Lake Victoria, the largest water body in Africa, the bridge was built at the cost of USD 2.5 million. 

The African Development Bank Group has so far invested over USD 9 billion in Tanzania since it started its operations in the country in 1971.

he TCAA has granted additional rights, for the period of six months, to Ethiopian Airlines and Qatar Airways to support and facilitate local and regional connections to major Tanzanian destination

The OPEC Fund announced some USD720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of USD362 million in new loan agreements