The global market for DCs is projected to reach $517.2bn by 2030, with Africa contributing less than 2% of the global colocation supply
American claims that South Africa ‘sides with malign actors’ could jeopardise access to Agoa and imperil bilateral trade relations
The continent will make significant gains by fast-tracking this sector through investment and skills development
This investment, used as a facilitator of local production, can also help develop regional value chains and access upstream global value chains
The region has also seen an increase in its contribution to the continent’s broader economic growth
The African Continental Free Trade Area endorses immigration, yet South Africa’s home affairs department is pushing for stringent requirements for visas
South Africa has a right to pursue its national interests anywhere in the world and not to simply follow the dictates of the West, the US in particular
Deliberations on democracy were not a big part of the mining talks in Joburg but players in the sector need to recognise their responsibilities
The African Continental Free Trade Area agreement creates the world’s largest free trade area by number of countries
Delegates from 40 African countries are in Durban to strengthen the agreement to boost intra-African trade
The finance minister was speaking on a panel in Davos about the expansion of Brics
There is good and bad news – strong bipartisan support for improving Agoa and little consensus on what improvements should be made to the Act
US deputy secretary of commerce Don Graves said Agoa’s renewal has strong bipartisan support, as lawmakers acknowledge the importance of the continent’s consumer base
Wamkele Mene said Agoa, which grants eligible African countries duty-free access to US markets, ought to pursue greater alignment with the African Continental Free Trade Area
Africa’s stock is rising amid the United States’ efforts to wrestle back economic influence on the continent
South Africa’s trade, industry and competition minister said member countries are asking that the pact be renewed for another 10 years
As the US considers the future of the trade agreement, South Africa has pointed to its critical position as a gateway to a future economic powerhouse
The continent needs to call on its international partners to provide assistance and share their expertise
The former president has called for the movement of people and goods between South Africa and African states to be easier
Conflict hotspots, most in the Sahel region, will continue to dominate the news this year, while a number of countries will hold key elections.
Informal banking and trade are both a lifeline for local communities and a grey area for terror financing, requiring progressive efforts to develop rather than de-risk
Polyphagous shot hole borer looks set to become most damaging biological invasion in South Africa
Setting up a continent-wide medicine regulator could be crucial to getting Africa’s people the treatments and Covid vaccines they need. Here’s why more countries need to put their weight behind it
The president’s focus is on fixing the economy — infrastructure build and local manufacturing are two priority areas
Four main measures — building the African Continental Free Trade Area, reducing macroeconomic vulnerability to debt, seizing digital economy opportunities and ensuring a just transition to a zero carbon economy — will enable this.
The new US administration has an interest and much expertise in Africa. But given the scale of the priorities the administration faces, Africa must not expect to feature too prominently
After being praised for their handling of the pandemic, African countries must now confront the economic fallout – even as they grapple with existing political and security challenges
To move out of South Africa’s economic funk, Ramaphosa is prioritising the materialisation of pledges made at the previous investment conferences.
During pre-election debates in the United States, very little has been said on how they view one of the world’s largest markets — which, in turn, is determined to come into its own
The AfCFTA is set to be implemented at the same time as the globe tackles post-Covid-19 recovery. Deeping continental integration can help to boost economies, particularly if stemming illicit financial flows is prioritised
The continent’s interconnectedness is what will be its catalyst for recovery
The agreement could go beyond economics towards the political unification of Africa