Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects.
Business
United States Stands Ready to Support Africa on Its Energy Journey
The strategy is for the U.S. government to work with U.S. companies that want to do business in Africa and to work with countries in Africa that want to do business with U.S. companies
South Africa reveals its blueprint for its energy future
South African cabinet approved the Integrated Resource Plan (IRP 2019) that plotted the path for the nation’s generation technology mix to assuage the current energy crisis.
Mondelēz International launches global consumer trends study
Mondelēz International announced the launch of its first-ever State of Snacking™ report, a global consumer trends study examining the role snacking plays across the world in meeting consumers’ evolving needs: busy modern lifestyles, the growing desire for community connection and a more holistic sense of wellbeing.
Horn of Africa countries launch regional initiative as peace dividend beckons, $15 billion investment on the cards
Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region.
Director-General of Abu Dhabi Fund for Development Assures support to Sierra Leone
The Director-General of the Abu Dhabi Fund for Development, ADFD, His Excellency Dr Mohamed Saif Al Suwaidi, has in a meeting with His Excellency President Dr Julius Maada Bio assured of their support to the development of Sierra Leone.
US- Africa collaboration high on the agenda at Africa Oil Week
The visit of US Assistant Secretary for Fossil Energy, Steven Winberg, to this year’s Africa Oil Week event in Cape Town highlights the importance that the United States put in fostering relationships with the continent
