common market for eastern and southern africalatest news & developments

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

  • Eyaaz
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.

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

  • Eyaaz
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 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

  • Eyaaz
5 min read