Despite repeated calls for African nations to diversify their economies, a sharp decline in international project finance is thwarting efforts to reduce dependence on raw […]
Tag: African economy
Operational Phase of the African Continental Free Trade Area Launched
The 12th Extraordinary Summit of the African Union, held on July 7, 2019, in Niamey, Niger, marked a historic milestone with the official launch of […]
Mozambique and Zambia to Sign $1.5 Billion Pipeline Agreement to Boost Regional Fuel Transport
Mozambique and Zambia are set to sign a groundbreaking agreement for the construction of a US$1.5 billion (€1.3 billion) petroleum products pipeline, marking a significant […]
Caterpillar’s Century-Long Presence in Africa: Building a Sustainable Future
Caterpillar, a global leader in manufacturing construction and mining equipment, industrial engines, and diesel-electric locomotives, has had a longstanding presence in Africa for nearly 100 years. The company’s journey on the continent highlights a deep commitment to fostering sustainable growth and infrastructure development.