Namibia’s next wave of offshore oil drilling is set to begin

[ACCI-CAVIE] Namibia's burgeoning offshore oil industry is set to witness a new phase of exploration as drilling operations are scheduled to commence at the Mopane discovery site.The arrival of Saipem's…

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Nigeria’s Pharmaceutical Sector Aims for 70% Local Production

[ACCI-CAVIE] The Nigerian pharmaceutical industry is poised for significant growth, with ambitious plans to increase local drug production to 70%.This announcement was made by Prof. Mojisola Adeyeye, Director-General of the…

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Crude oil production will propel Uganda’s economic growth into double digits according to IMF

[ACCI-CAVIE] The commencement of commercial crude oil production in Uganda is projected to drive the country’s economic growth into double digits in the upcoming financial year, according to a report…

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Chinese competition redefines the automotive landscape in South Africa

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[ACCI-CAVIE] At a time when China and Western countries are stepping up their efforts to promote the use of electric vehicles, the situation in Africa remains different, with petrol-powered cars…

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Expansion of the AfCFTA: Thirty new countries ready to join the guided trade initiative

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[ACCI-CAVIE] The Guided Trade initiative of the African Continental Free Trade Area (AfCFTA) is entering a crucial new phase. Thirty more countries are set to join the programme, bringing the…

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Intra-African trade: a marked increase of 1% in the first half of 2024 (WTO)

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[ACCI-CAVIE] On 10 October 2024, the World Trade Organisation (WTO) revealed its new projections for world trade growth. While African export forecasts have been revised downwards, one encouraging sign is…

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40% of Africans ready to revolutionise e-commerce by 2025

[ACCI-CAVIE] Africa, a continent in the midst of a digital transformation, is poised for a revolution in online commerce. Driven by a young population, technological advances and improved Internet access,…

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Uganda increases its oil and gas annual budget to boost economic growth

[ACCI-CAVIE] Uganda is poised for a significant economic transformation as it prepares to commence commercial crude oil production. The International Monetary Fund (IMF) projects a remarkable 10.8% growth rate in…

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