The #transports #sector plays a key role in #south Africa’s #economy . The country has a well-developed #transport network, which includes roads, #railways , ports and airports. This helps facilitate #commercial #exchanges and stimulate #economic #growth . The #transports sector also employs a large number of people in South Africa, which helps reduce the unemployment rate in the country. In short, the transport sector is an important economic driver for South Africa. #International #Business #Africa #Channel
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The African Development Bank has approved $104 million in financing to support the Eastern Ethiopia Electricity Supply Improvement Project. The project aims to strengthen electricity infrastructure, modernize existing networks and expand access to electricity in rural and urban areas. This initiative is expected to help stimulate economic growth and improve the living conditions of local populations by providing reliable and affordable energy.
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L'#UEMOA, qui regroupe huit pays de la #région, vise un #taux de #croissance #économique de 5,6% pour stimuler la croissance économique dans la région et réduire la pauvreté. Les pays membres travaillent à mettre en place des politiques économiques favorables à l'#investissement, à l'#innovation et à la création d'#emplois, et renforcent leur #coopération avec d'autres #organisations régionales et #internationales pour atteindre cet objectif. Si cet objectif est atteint, cela pourrait avoir des répercussions positives sur la vie des #populations de la région, notamment en termes d'emploi et de #revenus.
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#zambia has signed an #agreement to #restructure $6.3 billion of its debt. This restructuring aims to modify the terms of #debt repayment, probably by extending #repayment #periods or #reducing interest rates. Debt #restructuring generally allows a #country to #deal with #financial difficulties and regain #economic #stability . This agreement could have a positive #impact on Zambia's #economic situation by enabling it to better manage its debt and revive its economic growth #International #Business #Africa #Channel
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