By Andualem Sisay Gessesse – Ethiopia has pursued the developmental state model for over 15 years. For so long, the government seemed content with the model believing it brought the country to the club of the fastest growing economies in the world. Rosy government reports on economic growth have lately been corroborated by international institutions […]
By Vera Songwe and Mamadou Biteye – Africa is growing, but not fast enough. In order for more than 400 million Africans to rise out of poverty, continued economic growth across Africa’s 54 nations will have to increase an average of 7% annually or more. One strong engine for growth is trade.
By Andualem Sisay Gessesse, Abidjan, Cote d’Ivoire – In an attempt to showcase the success of development projects being implemented in different African countries, the African Development Bank (AfDB) says it is planning to organize continuous field visits in different parts of the continent for journalists working in Africa.
Nissan, the Japanese manufacturer hit 10% market share in South Africa in fiscal year 2017, with passenger vehicle sales growing by 44% versus the previous year. It has had its best twelve months of sales in South Africa since the year 2000.