The report stated: “In 2023, Sub-Saharan Africa, SSA saw investments in 66 projects totaling $3.5 billion.
“This marked a 24 percent decrease from the investment levels of the previous year and a 46 percent decrease from the past five-year average.“The sector receiving the largest share of PPI was energy, followed by the Information Communication Technology sector. “The Africa Western and Central region reported investment commitments of $1.2 billion across 21 projects in 2023. “In the region, Senegal reported the highest level of investment commitments, accounting for almost 27 percent of the total investment commitments in the region, with five projects worth $316 million.
“The largest project in the region was the expansion of the Orange Guinea Conakry and OFMG network in Guinea at $227.4 million.”NiMET staff to begin strike on Monday over unpaid arrearsNiMET staff to begin strike on Monday over unpaid arrears