Inflation Plagues African Nations in 2024
In 2024, several African economies experienced some of the highest inflation rates on the continent, with prices for goods and services escalating dramatically. This sharp rise in inflation contributed to an uptick in social unrest, as widespread protests and demonstrations were observed across various nations. Positive Inflation Outlook for 2025 However, inflation projections for 2025 […]
Kenya Poised to Lead Global Internet Advertising Growth, PWC Report Finds
A report released on January 28, 2025, by PricewaterhouseCoopers (PwC) forecasts that Kenya will become the world’s fastest-growing internet advertising market in the coming years. The report projects that, over the next four years, revenue from Africa’s Entertainment and Media (E&M) industry will outpace the global average, driven by expanding internet access, improved broadband connectivity […]
What to Expect from Africa-China Relations in 2025
Africa-China relations in 2025 kicked off with a trip to the continent by China’s Foreign Minister Wang Yi from January 5-11. Since 1991, China’s foreign minister has made Africa his inaugural international trip for the year. Notable given China’s dominant party system, Wang’s official title and authority is Director of the Chinese Communist Party (CCP) […]
The Lobito Trans Africa Corridor – Opening Up Opportunities For Africa’s Transportation
American President Joe Biden visited Angola to meet with President Joāo Lourenço, as well as the Presidents of the Democratic Republic of the Congo and Zambia and the Vice President of Tanzania. This visit – from December 2-4, 2024 – centered around the Lobito Corridor rail project, in which the United States has a significant […]
US-Africa Business Bridge: Lobito Corridor investment boosts trade, empowers women.
We at the US-Africa Business Bridge are hopeful that the significant US investment in the Lobito Corridor rail line will open up opportunities for trans-African trade, including for women business owners across the continent. In particular, we anticipate progress for women in critical sectors such as mining, construction, agriculture and energy.
The US-Africa Business Bridge congratulates the governments of the USAand Zambia
The US-Africa Business Bridge congratulates the governments of the USA and Zambia for the signing of a partnership compact through the Millennium Challenge Corporation on October 17, 2024. This Farm to The market grant agreement of is for $ 491.71 million and is designed to address constraints in Zambia’s agriculture and agro-processing sectors.