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African Continental Free Trade Agreement

EEG research projects COVID-19

CEOs in Africa are still optimistic despite COVID-19 uncertainty

A new survey found that found that despite COVID-19, CEOs in Africa are confident that their businesses will grow over the next 12-18 months.
battery production

Battery production in the DRC could be gamechanger

The Democratic Republic of the Congo could leverage its abundant cobalt resources and hydroelectric power to become a low-cost, low-emissions producer of lithium-ion battery cathode precursor materials.

Malawi $1billion energy deal to boost economy

Malawi is open for business! The East African country is pursuing various investment and trade deals to help boost their economy and in line with this have signed a $1 billion deal with Egyptian multinational electrical company, Elsewedy Electric.
AfCFTA Caravan prize winner- Tekizo Africa

Solar freezers for the win at the AfCFTA Caravan prize-giving

The AfCFTA Secretariat announced the winners of the 2021 Caravan Prize, one of which is solar-powered freezer producer Tekizo Africa Limited founded by Purity Gakuoa.

African climate plan needs to be cogniscant of African challenges

How can Africa avert a climate disaster through transitioning to cleaner energy without compromising the continent’s growth and poverty reduction?
AfCFTA scales up local content initiatives in Nigeria

AfCFTA scales up local content initiatives in Nigeria

The implementation of the AfCFTA allows Nigeria to increase local content initiatives, expand economic activity and drive local capacity.
AfCFTA energy

AfCFTA strengthens the continent’s energy transition

One of the industries that can benefit from AfCFTA is the energy sector, both the traditional oil and gas operators as well as the growing number of renewable enterprises.
green technologies

Foreign direct investment in Africa decreased by 16% in 2020

Foreign direct investment in Africa has seen a decline of 16% in 2020, this is according to the recently published UNCTAD’s World Investment Report 2021. COVID-19 had a significant impact on FDI on the continent from $47 billion in 2019 to $40 billion in 2020.
nigeria power

Grant to improve Nigeria’s inland waterways operations announced

Afreximbank and NEXIM have greenlit a joint $750,000 grant that will bridge the gap in maritime transport infrastructure and improve trade in the region in line with the AfCFTA.

ACEA report puts spotlight on 5 Big Bets for circular economy

The African Circular Economy Alliance (ACEA) has launched a report that highlights five sectors that have the greatest potential to further drive the circular economy.