Business Africa
Africa called upon to increase the production of goods and services and to integrate payment systems, as a prerequisite for African Development Bank assistance.
Good news for African countries that want to diversify their economies and benefit from investment.
The African Development Bank has called on the continent’s governments to increase the production of goods and services, and to integrate payment systems if they wish to benefit from a new economic initiative.
This would have a strong impact on increasing industrial manufacturing capacity in Africa, and will allow for rapid integration of financial markets.
Livestock, a profitable sector in Africa
Investing in livestock can be a major source of income for many African countries.
Cattle farming remains one of the most promising sectors for several African nations.
This would have a strong impact on increasing industrial manufacturing capacity in Africa, and will allow for rapid integration of financial markets.
South Africa, for example, has developed an application that allows investors to buy shares of a cow from their mobile phones.
Go to video
Turbulence in fuel markets hitting African airlines hard
01:51
Middle East war boosts traffic through Kenyan port of Lamu
Go to video
Kenya says Russia will stop recruiting its citizens to fight in Ukraine
00:53
Gabon asks IMF for new arrangement in a bid to stabilise finances
02:12
Ivory Coast: women tap into financial freedom through rubber tree farms
00:50
IMF expects talks with Zambia on new financial package to start in April