The African Export-Import Bank (Afreximbank) has announced the launch of a capacity development programme designed to empower African businesses to harness the opportunities presented by the African Continental Free Trade …
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The Democratic Republic of Congo (DRC) has overtaken Uganda to become Kenya’s fastest-growing export market within the East African Community (EAC) bloc, new data shows, despite frosty diplomatic relations between …
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Nigeria’s Federal Government and Oil Producers Collaborate for Sustainable Crude Oil Supply to Local Refineries The Federal Government of Nigeria and the country’s oil producers have reached an agreement to …
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Egyptian Agricultural Exports See Significant Increase in First Half of 2024 The Ministry of Agriculture announced that Egypt’s total agricultural exports reached 4.9 million tons in the first half of …
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The Federal Government of Nigeria plans to suspend duties, tariffs, and taxes on essential food items imported through land and sea borders. This measure aims to reduce the soaring cost …
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The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West …
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Business
South Africa puts biggest trade partner in its crosshairs over R20 billion and 100,000 jobs
South Africa said it has taken a preliminary step toward filing a complaint with the World Trade Organization (WTO) against the European Union over its treatment of citrus imports from …
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The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) took place in Algiers on 15 April 2024. The Ceremony, which was hosted by the African Export-Import Bank …
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Business
Cameroon: African Development Bank bolsters Central Africa presence with inauguration of new regional office in Yaoundé
In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon. Joseph Dion Ngute, Prime Minister of …
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The company said the significant reduction in the price of diesel is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in …
