Africa is moving in the right direction again, towards economic recovery and growth. This is despite supply chain disruptions following Russia’s invasion of Ukraine and tightening global financing conditions.
The African Development Bank’s (AfDB) African Economic Outlook report predicts that Africa will consolidate its post-pandemic recovery to achieve GDP growth of more than 4% in 2023 and 2024.
“The report shows that in the face of these challenges, African economies have demonstrated remarkable resilience,” said Dr Akinwumi Adesina, president, AfDB.
The outlook remains more subdued in the short to medium term in South Africa.
According to Otto Botha, MD of Waco Engineering Services, the construction sector continues to struggle due to the government’s failure to implement the Infrastructure Delivery Plan, lack of funding, and less demand from the private sector.
Everyone in the construction industry is looking for strategies
to improve their bottom line.
In this article, we share valuable insights on consistently achieving tendering success, leading to increased sales and market share. We specifically focus on proposal automation technology that can help you win more often.