Angola plans photovoltaic panel factory
[ACCI-CAVIE] In a significant step toward enhancing its renewable energy capabilities, Angola has embarked on an ambitious project to establish a photovoltaic panel factory. On October 18, 2024, Sonangol, the…
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…
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…
Chinese competition redefines the automotive landscape in South Africa
[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…
AfCFTA: between promise and challenge
[ACCI-CAVIE] Although almost all the countries on the African continent have expressed their support for the African Continental Free Trade Area (AfCFTA), progress towards effective integration has been very slow.…
Expansion of the AfCFTA: Thirty new countries ready to join the guided trade initiative
[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…
Intra-African trade: a marked increase of 1% in the first half of 2024 (WTO)
[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…
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,…
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…
A New Era for Equatorial Guinea: Transitioning from ExxonMobil to GEPetrol
[ACCI-CAVIE] As ExxonMobil concludes its nearly three-decade presence in Equatorial Guinea, the country embarks on a promising new chapter in its oil and gas industry.ExxonMobil's exit marks a pivotal moment…