Africa’s economic momentum: Dangote Cement and MTN Ghana post growth as Mali advances mining cooperation with Russia.

 

Africa's economic landscape is showing signs of renewed momentum, with major developments in manufacturing, telecommunications, mining and regional infrastructure. Nigerian industrial giant Dangote Cement has reported a 31 percent increase in nine-month profits, while MTN Ghana has recorded strong growth over the same period. In West Africa, a Russian state-owned company is set to develop a geological map and mining information system for Mali, raising questions about resource governance and foreign investment. To unpack what these developments mean for African economies, regional integration and the continent's global competitiveness, we spoke to Victor Kgomoeswana, Marketing and Communication executive director at the University of Limpopo and author of Africa Bounces Back.