Mail & Guardian
Mail & Guardian
common market for eastern and southern africalatest news & developments
AFRICA

Southern and East Africa plug into shared power future

Zambia and Zimbabwe have each committed US$220 million to restarting the long-delayed $4.2 billion Batoka Gorge Hydropower Station near Victoria Falls

  • Reginald Ntomba
2 min read
If the African Continental Free Trade Area (AfCFTA) is to translate into real commercial activity, this financial architecture has to grow with it.
AFRICA

East Africa trade soars to $38bn in second quarter, narrowing deficit

The increase was largely driven by exports, which surged 40.5% to $18.6 billion, reflecting rising global demand

  • Mnaku Mbani
2 min read
Transnet is falling well below its target of shifting 200 million to 220 million tonnes of freight a year, at which point — it is estimated — it will begin to make a meaningful contribution to the economy. Its current target is 170 million tonnes a year. Photo: (Karel Prinsloo/Bloomberg)
AFRICAN CONTINENTAL FREE TRADE AREA

African Development Bank rescue of Transnet has national, regional and continental implications

This investment, used as a facilitator of local production, can also help develop regional value chains and access upstream global value chains

  • Siphumelele Duma
  • Mikatekiso Kubayi
5 min read