Africa: Shipments of entry-level smartphones between $100 and $200 are expected to grow by 3% in 2023 with 18 million units South Africa recorded a sharp increase in foreign direct investment (FDI) flows of $3.75 billion in the fourth quarter of 2022 Tanzania: Mining company Lifezone Metals has reached a framework agreement with the Tanzanian government to build a battery-grade nickel production plant, according to US Vice President Kamala Harris Africa: The wealth management market is expected to grow by 60% over the next decade to reach $240 billion in 2032 from $150 billion in 2022 Ghana: The United States announces bilateral assistance of $139 million for this country in fiscal year 2024 Kenya: Kenyan authorities hope to sign a trade agreement with the USA by April 2024 Africa: Kenya Airways and South African Airways were to finalize their plan to create a pan-African airline in 2024 South Africa: Government to provide more than $77 million in financing to entrepreneurs in 2023 South Africa: The University of the Witwatersrand (Wits) and the University of Edinburgh (UoE) in Great Britain have announced a collaboration to launch a doctoral training center on sustainable development in Africa Africa: Russia and some African countries are moving towards the use of national currencies for the settlement of their trade exchanges