Amid a rapid population growth, Africa will count six cities with over 10 million people by 2035, the Economist Intelligence Unit said. With the continent’s population boom, Angola’s capital, Luanda, and Tanzania’s commercial hub, Dar es Salaam, will join the metropolises of Cairo, Kinshasa, Lagos and Greater Johannesburg, it said. Paid urbanization is also triggering […]
Morocco’s port authority is going green. It seeks to set up five photovoltaic solar plants in the ports of Casablanca, Agadir, Jorf lasfar, Laayoune, and Boujdour. The solar plants would power the ports to reduce the carbon footprint, as part of a larger national plan that would increase the share of renewables in the electricity […]
Difficulties in securing foreign currencies and lack of affordable credit in the wake of rising interest rates are major challenges facing traders in the East African Community, according to a new report on the Ease of Doing Business in the EAC 2023, that also highlights traders still facing challenges at borders and markets despite harmonized […]
