Tag: South Africa

UNCTAD warns of social unrest amid slow economic growth in Africa

October 4, 2022

The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate ... Read More

South African retailers source local clothes, reducing reliance on Chinese imports

September 23, 2022

With more than half of the textiles sold by South African retailers are imported from abroad, out of which nearly 60% of those imports come ... Read More

Africa’s richest nations, including Morocco, control 66% of continent’s total wealth

September 21, 2022

Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm ... Read More

Mixed legacy: in Africa, not everyone mourns Queen Elizabeth II

September 15, 2022

As Africa reflects on the legacy of Britain's Queen Elizabeth II, from Kenya to Nigeria to South Africa, the monarch's passing has reignited a sensitive ... Read More

TotalEnergies eyes production license for its offshore South Africa block

September 12, 2022

The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities ... Read More

Chinese smartphones dominate African market as demand for 5G devices grows

September 10, 2022

The demand for Chinese 5G smartphones across Africa continues to rise, as more countries on the continent keep testing 5G networks and their citizens are ... Read More

Morocco Invests in South-African Start-Up Specializing in Animal-Free Dairy Products

September 8, 2022

UM6P Ventures, an investment arm of Mohammed VI Polytechnic University, has announced investing in South African company De Novo Dairy, which produces animal-free dairy products ... Read More

Google’s Black Founders Fund to empower female entrepreneurs in Africa

September 7, 2022

Unlike in 2021, this year, Google is funding an equal number of men and women-founded startups through its Black Founders Fund, which embodies the tech ... Read More

Togo, South Africa mull security cooperation

August 30, 2022

Togo and South Africa are mulling several cooperation in areas of security at the time the West African country is reeling against terrorism in the ... Read More

Tokyo urges Japanese private sector to invest — and beat China — in Africa

August 18, 2022

Japan, which lags behind other major economies when it comes to investment in Africa, has been increasingly concerned that the pandemic has weakened African economies ... Read More