As African economies transform from agriculture to industrial, there is a major shift required to self-employment and innovation to reduce employment rates. Formerly known for its agricultural economy, Addis Ababa has undergone a significant digital transformation, emerging as a thriving industrial economy. Ethiopia has achieved remarkable macroeconomic stability and is projected to sustain this growth...
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South Sudan’s Bentiu Refinery to Expand Regional Exports in Q3 2023
South Sudan’s Bentiu Refinery could export refined petroleum products to the East African region by August of this year, according to the refinery’s owner SNP Group, a joint venture between South Sudan’s Nile Petroleum Corporation and Russia’s Safinat. Located in Unity State, the refinery has faced several challenges in becoming operational, including flooding, COVID-19 and...