The Department of Science and Innovation (DSI) has partnered with South Africa’s most innovative companies to build and support a zero-waste circular economy. As part of this focus on sustainable business practices, it has launched the Innovation Bridge portal – a platform that allows investors, innovators, and entrepreneurs to collaborate on...
The African Continental Free Trade Area (AfCFTA) is predicted to increase Africa's trade income by $450 billion (R8.4 trillion) by 2035 and boost intra-African trade by more than 81%, according to a recent report by the World Bank. Since the start of trade under AfCFTA in 2021, African countries have been implementing changes to diversify...
African economies remain resilient amid multiple shocks The African Economic Outlook 2023 is being published as African countries are dealing with multiple shocks, including the effects of the COVID-19 pandemic, disruptions to global supply chains due to Russia’s prolonged invasion of Ukraine and a tightening of global financing conditions. These...