-
Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge
Across 48 Sub-Saharan African economies, a firm that has operated for nearly three decades employs barely twice the workers it had at birth. The gap relative to high-income economies is large, structural, and costly.
- Categories
- Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Sub-Saharan Africa
-
IFC, EIB Group and European Commission Back Biovac to Build Africa’s First End-To-End Multi-Vaccine Manufacturing Site, Advancing Vaccine Self-Reliance
The financing package includes a $20 million senior loan from IFC with additional mobilization in progress and a €75 million quasi-equity investment from EIB Group.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
-
China Set to Cut Solar Incentives for Africa Days After Elon Musk Negotiates $2.9 Billion Chinese Solar Equipment Deal for Tesla
Africa’s solar expansion could face new cost pressures as China moves to scale back key export incentives, just as global demand surges following Elon Musk’s $2.9 billion push into Chinese solar supply chains.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
-
Botswana Targets Drug Manufacturing in Health Emergency Recovery
Health Minister Stephen Modise, in an interview, said that while medicines are now more widely available, nationwide the focus is on building strong supply chains with locally manufactured drugs to overcome the high cost of importing medication.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
-
Electric Vehicle Sales Boom as Ethiopia Bans Fossil-Fuel Car Imports
The East African country is making use of cheap hydropower and Chinese electric vehicles to ditch the internal combustion engine.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
-
Critical Minerals, Complex Choices: WDI Report Unpacks the Dilemmas, Pathways for Countries with Vast Reserves
In the following Q&A, report authors Diana E. Páez, WDI Senior Director, Energy & Mobility; Dana Gorodetsky, WDI Program Manager, Energy & Mobility; and Gerald E. Arhin, Research Fellow in the Political Economy of Climate Compatible Development, University College London; discuss the core dilemmas countries face, share lessons from their comparative analysis, and offer guidance for policymakers navigating these complex choices.
- Categories
- Technology
- Region
- Global
-
‘Mother of All Deals’: EU and India Sign Free Trade Agreement
The agreement is expected to double EU exports to India by 2032 by eliminating or cutting tariffs in 96.6% of traded goods by value, and would lead to savings of €4bn (£3.5bn) in duties for European companies, the EU said.
- Categories
- Uncategorized
- Region
- Global
-
Protecting Solar Investments In South Africa Amid Increasing Hailstorms
Solar panels are naturally vulnerable to these impacts. Even if a panel does not visibly break during a hailstorm, microfractures can occur, reducing power output and shortening the lifespan of the system.
- Categories
- Energy
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.