The Ugandan government has signed a $3 billion contract with Turkey’s Yapi to build the 272-km Malaba-Kampala railway line. Work is expected to begin next month and take 48 months to complete. After China withdrew from the project, Uganda is adopting the Tanzanian model by funding the project from various sources. Source: Africa News Agency

Chinese investors have poured over $8.5 billion into Ethiopia, creating thousands of jobs, according to the Ethiopian Investment Commission (EIC). With 3,309 projects led by Chinese companies, the country’s infrastructure and industry have seen significant development. In 2023/2024, Ethiopia saw a 14% increase in foreign direct investment, reaching $3.9 billion, supported by the increased involvement of Chinese investors. Source: Africa

South African President Cyril Ramaphosa has urged the BRICS to invest ‘massively’ in Africa’s infrastructure and youth skills, noting that the continent’s free trade agreement ‘unlocks massive opportunities.’ Speaking at the BRICS Business Forum ahead of the summit in Russia, he said: ‘We call on the BRICS countries to partner with us to build the roads, ports, railways, energy and

Interview by Dounia Ben Mohamed Can you give us an overview of the evolution of the telecommunications sector in the DRC? The Democratic Republic of Congo (DRC) presents an interesting market potential, especially in telecommunications and digital services. With a population of over 105 million and GSM service penetration close to 60%, there is still a significant opportunity to increase

The African Development Fund has provided $3.57 million to Zimbabwe to support a project aimed at strengthening the skills and entrepreneurship of youth and women. The programme, which focuses on vocational training and agricultural value chains, is expected to create 3,900 direct jobs and 10,000 indirect jobs through training and market linkages. Source: Africa News Agency

The Ugandan government has signed a $3 billion contract with Turkey’s Yapi to build the 272-km Malaba-Kampala railway line. Work is expected to begin next month and take 48 months to complete. After China withdrew from the project, Uganda is adopting the Tanzanian model by funding the project from various sources. Source: Africa News Agency

Chinese investors have poured over $8.5 billion into Ethiopia, creating thousands of jobs, according to the Ethiopian Investment Commission (EIC). With 3,309 projects led by Chinese companies, the country’s infrastructure and industry have seen significant development. In 2023/2024, Ethiopia saw a 14% increase in foreign direct investment, reaching $3.9 billion, supported by the increased involvement of Chinese investors. Source: Africa

South African President Cyril Ramaphosa has urged the BRICS to invest ‘massively’ in Africa’s infrastructure and youth skills, noting that the continent’s free trade agreement ‘unlocks massive opportunities.’ Speaking at the BRICS Business Forum ahead of the summit in Russia, he said: ‘We call on the BRICS countries to partner with us to build the roads, ports, railways, energy and

Interview by Dounia Ben Mohamed Can you give us an overview of the evolution of the telecommunications sector in the DRC? The Democratic Republic of Congo (DRC) presents an interesting market potential, especially in telecommunications and digital services. With a population of over 105 million and GSM service penetration close to 60%, there is still a significant opportunity to increase

The African Development Fund has provided $3.57 million to Zimbabwe to support a project aimed at strengthening the skills and entrepreneurship of youth and women. The programme, which focuses on vocational training and agricultural value chains, is expected to create 3,900 direct jobs and 10,000 indirect jobs through training and market linkages. Source: Africa News Agency