Economy

SADC launches infrastructure master plan

SADC headquartersThe SADC Regional Infrastructure Development Master Plan (RIDMP) has been scheduled for launch at the 32nd summit of SADC Heads of State and Government in Maputo, Mozambique, taking place from 2-18 August

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ECOWAS countries vow to harmonise fiscal policies

Accra Ghana Skyline AfricaPolitical leaders from across the Economic Community of West African States (ECOWAS) have resolved to harmonise budgetary and fiscal policies in order to ensure greater macroeconomic convergence across the region

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Free trade in Africa promises boost to intra-regional business

aumeetAfrica's intra-regional trade was expected to increase by US$34.6 billion in 2022 with establishment of the Continental Free Trade Area (CFTA)

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US$40 million AfDB fund supports Malawian budget

Malawi AfDB and ADFMalawi 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

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Sudan puts economic hopes in US$1 billion sugar factory

Sudan_sugar_refinery_open_-_ATR_-_12.7Sudan 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

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