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South Sudan gets $600m boost from Sahara Energy
Sahara Energy Resources DMCC, a member of leading international energy and infrastructure conglomerate, Sahara Group, has approved a $600 million donation to support economic growth, peace process and development in South Sudan. According to reports, the facility will also support infrastructure development and youth encouragement. In a statement issued on Sunday, Temitope Shonubi, executive director […]
Africa to become world’s fastest-growing region, outpacing Asia — report
The African Continental Free Trade Area (AfCFTA) will facilitate economic growth and development on the continent that is projected to become the world’s fastest-growing region, with six out of the ten fastest-growing economies in 2023 being African countries, according to a new report by the Mo Ibrahim Foundation. The AfCFTA presents a huge opportunity for […]
Egypt, Nigeria, South Africa slowing down Africa’s growth, says World Bank
A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down the continent’s economic growth. In its Africa Pulse report, the Washington-based bank expresses its concern that Sub-Saharan Africa could be facing a “lost decade” of slow economic growth and high […]



