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The article discusses the approval of the World Bank of Executive Directors on the Global Environment Facility grant in Egypt. The author mentions that the grant is comprised of $49.80 million for the El Kureimat solar thermal power plant. He explains that the aim of the project is to increase the share of renewable energy in the Egyptian generation mix. The author also explains that this project is also expected to contribute to the aim and desire of the government to diversify the power production in Egypt.

The article reports that according to activists in Eritrea, people of the country have been adversely affected by introduction of new banking rules in the country following a currency change in 2015, as of October 2016.

The article reports that the East African Community (EAC) five heads have agreed to the creation of the East African Common Market to advance commerce. EAC Secretary General Juma Mwapachu says that the heads of the partner states of EAC have committed to the agreement as a gift to the residents in the region's 10th anniversary. To add, it cites that the Democratic Republic of Congo and Sudan plan to join the group in addressing common developmental concerns.

Reports on the United States administration's issuance on December 30, 2003, of a list of African countries that have met requirements to give them access to trade preferences. Exclusion of the Central African Republic and Eritrea from the list because they were unable to meet eligibility requirements for the African Growth and Opportunity Act; Criteria on which eligibility for trade preferences is based; Inclusion of Angola in the list of eligible countries.

The article reports on the economic expansion of Djibouti. It mentions that salt industry in the country attracts foreign investors, including American salt miner, Daniel R. Sutton. The port of the country also caters to several countries including India, Saudi and France. According to the author, investors from Dubai plan to expand the Port of Djibouti to a yearly capacity of three million containers. Jerome Martins Oliveira, chief executive officer of the port, says that Djibouti will link Africa, Arabia and Dubai. Mahmoud Ali Youssouf, Foreign Minister of Djibouti, said the country's model for development is Dubai.

The article reports on the growing economic rates in Africa over the past 10 years, as of November 2007. According to the World Bank, economic growth rates in sub-Saharan Africa have started to catch up with the rest of the developing world. The report, Africa Development Indicator 2007, concluded that growth in the decade from 1995 differed strikingly with the collapses of the years between 1975 and 1985, and the stagnations of the next 10 years. It states that for the first time in three decades African economies are growing with rest of the world with an average growth of 5.4% in 2005 and 2006.

The article reports on developments regarding the economic and social conditions of various countries. The new concession running the container terminal at the port of Toamasina has said it will invest over 30 million dollars in the next two years to improve infrastructure, facilities, Information Technology systems and human resources at the port in Madagascar. Senegal has successfully relaunched a ferry service linking the northern and southern parts of the country.

The article reports on the decision of Congo authorities to reopen the trade route across the River Congo to the relief of Brazzaville's residents. The two-week suspension of river traffic between Brazzaville and Kinshasa had a great impact on the economic life of residents there. The traffic ban triggered price hikes and shortages in the capital city.

Reports that negotiations to grant several African countries zero tariff access to China's huge markets are set to open as part of an effort to strengthen relations between Africa and China. China's promise to the continent of increased aid and debt cancellation; Agreements signed by African businesses and local authorities during the China-Africa Cooperation Forum; Increase in trade between China and Africa between 2000 and 2002.