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Tag: South Africa
UNCTAD warns of social unrest amid slow economic growth in Africa
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
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
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
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
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
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
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
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
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
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