Zimbabwe has launched a strategic plan for its economic development in light of the implementation of the African Continental Free Trade Area (AfCFTA). The plan was validated at a two-day meeting with its private and public sectors, as well as representatives of various institutions. During the meeting, the United Nations Economic Commission for Africa (ECA) and the African Union Commission (AUC) pledged their full support to the country.
The African Development Bank (AfDB) has approved loans of about € 209 million to finance the expansion of a highway linking Kenya's major economic centers. The road is part of the Trans-Africa Highway, commonly known as the Cape to Cairo route. The work should be completed by 2025.
Diplomat Antonio Patriota will be Brazil's new ambassador to Cairo. Patriota was chancellor in the government of former president of Brazil, Dilma Rousseff from 2011 to 2013. He then held the position of the Brazilian ambassador to the United Nations (UN) and, more recently, ambassador in Rome.
The World Bank has approved a US$ 110 million grant to support the Government of Mozambique's reconstruction efforts following cyclones Idai and Kenneth. This funding will target Mozambique's post-disaster recovery needs in the road sector and is aimed at rebuilding and rehabilitating rural roads and bridges in Sofala, Manica, Tete, and Cabo Delgado provinces.