Low oil prices have hurt Gabons economy. (Image source: International Monetary Fund/Wikimedia Commons)
Moodys downgraded Gabons sovereign debt rating for the second time in 12 months to Caa1, citing liquidity pressures which are making debt repayment tougher
Freshworks has raised nearly US$150mn in funding across six rounds. (Image source: OER Africa/Flickr)
Freshworks Inc, a leading provider of cloud-based business software, has announced growth strategy to propel the ambitious expansion of its evolving South African footprint
The Fund will provide a significant private-sector demonstration effect by making sizable Tier 2 capital available to financial institutions. (Image source: Clara Sanchiz/Flickr)
To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank (AfDB) has approved a US$10mn investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the fund manager
The event is part of the build-up to the presidential Summit on the Rural and Township Economies. (Image source: flowcomm/Flickr)
South Africas Department of Trade and Industry said that Rob Davies, the Minister of Trade and Industry hosted a business meeting with the Member of the Executive Council for Economic Development, Tourism and Environmental Affairs in KwaZulu-Natal, Sihle Zikalala and eThekwini Mayor, Councillor Zandile Gumede
Ebola has caused thousands of deaths since the first outbreak in 2013. (Image source: EU Civil Protection and Humanitarian Aid Operations/Flickr)
The U.S. Agency for International Development (USAID) has contributed US$8mn to support the efforts of the Government of the Democratic Republic of the Congo (DRC) and World Health Organization (WHO) in tackling the Ebola outbreak
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
The pylon spires of South Africa's Msikaba Bridge mega project are on their way up, soon to be almost 130 m high at each side of the deep river gorge. (Image source: Concor)
US$4bn in capital investments is required between now and 2030 to reach universal access to clean cooking in sub-Saharan Africa. (Image source: Adobe Stock)
The agreement was witnessed by Prime Minister of Egypt, HE Moustafa Madbouly and HE Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt. (Image source: Infinity Power)
According to Rokbak, knowing the capabilities and limits of your hauler puts you in control. (Image source: Rokbak)
The opening of the new facility took place during the Elevate Africa Conference. (Image source: CCI Global)
The break to load shedding has been a welcome relief for South African businesses. (Image source: Adobe Stock)
The project prioritises the development of climate resilient infrastructure. (Image source: AFC)
The project was initially awarded to AMEA Power through an international tender programme that was launched by Tunisia’s Ministry of Industry and SMEs. (Image source: AMEA Power)
According to Danfoss, BOCK’s renowned compressors are a natural fit for its existing solutions range. (Image source: Danfoss)
The SEW-EURODRIVE gearbox offering allows for a plug and play solution on existing centre pivot irrigation equipment, presenting a valuable and unique concept to the local agricultural sector. (Image source: SEW-EURODRIVE)
The new facility, powered by Wärtsilä, will help address Nigeria’s increasing demand for cement. (Image source: Wärtsilä)
Both barcode and RFID readers are used in integrated intelligent manufacturing solutions. (Image source: Brady)
Ayman Ashour, CEO of Siemens Mobility Turnkey MEA. (Image source: Alain Charles Publishing)
Advantages of MSC solutions include one-stop shop convenience, an efficient claim process, and tailored competitive rates. (Image source: MSC)
The innovative formula of Watershield cement offers enhanced water resistance and durability. (Image source: Lafarge Africa)
