The African Export-Import Bank (Afreximbank) plays a pivotal role in Africa’s economic development by promoting trade, industrialization, and financial integration. With a focus on intra- and extra-African trade, it supports initiatives like the African Continental Free Trade Area (AfCFTA) and funds projects in innovation and infrastructure. Despite facing challenges, Afreximbank’s expansion to include Somalia showcases its commitment to broadening its impact and supporting economic growth across the continent, positioning it to navigate future trends in digital trade and sustainability for a connected and competitive African economy.
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News24 | Court orders dissolution of Ngwathe Municipality amid service delivery collapse
The Free State High Court has ordered the dissolution of the Ngwathe Local Municipality due to significant failures in meeting its constitutional and regulatory obligations to residents in towns like Parys, Heilbron, Koppies, and Vredefort. This decision underscores the municipality's inability to effectively govern and provide necessary services to its communities. Need More Context? 🔎
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