US$25-billion injection to facilitate intra-Africa trade
Following the recent launch of the African Continental Free Trade Area (AfCFTA) in Rwanda, the African Export-Import Bank (Afreximbank) has agreed to disburse around US$25 billion in support of intra-African trade over the next five years.
SA continues to ride the positive new leadership wave
New leadership and “ensuing policy announcements” have prompted global ratings agency Standard and Poor’s (S&P) to raise its gross domestic product growth forecast for South Africa to 2% for 2018, from 1% previously, and 2.1% for 2019, from 1.7%.
World’s largest oxygen production plant launched in Secunda
The world’s largest oxygen production plant, worth R2.9 billion, has been launched in Secunda.
CEO unveils details of ‘world’s largest fully automated terminal’ Global port operator PSA
International has kicked off construction of a new mega port in Tuas, Singapore which it believes will be the largest fully automated terminal in the world by 2040.
