Trade
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in Short
Ghana : GHIB and BII launch $50M trade finance facility for Africa
Ghana International Bank (GHIB) and British International Investment (BII) announce a $50M trade finance facility to support businesses in Sierra…
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Zambia : signing of an agreement with Japan to strengthen investments
Zambia and Japan have signed an agreement to promote and protect bilateral investments. Signed in Tokyo by Zambian Minister Chipoka…
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Nigeria : to launch single window system to boost trade
Nigeria is set to implement a single window port system to enhance trade and reduce costs for operators. Announced by…
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Tanzania : a $2.13 billion strategic railway project for regional integration
Tanzania is investing $2.13 billion to extend its railway network to Burundi, backed by China and the African Development Bank…
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International Trade : Prosper Africa and Afreximbank partner to boost US-Africa trade
Prosper Africa and the African Export-Import Bank (Afreximbank) signed an MoU to strengthen trade and investment between the US and…
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Kenya : a historic economic deal with the UAE
Kenya strengthens its global economic footprint by signing a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the first of…
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IFC : $14.2 billion in investments in Africa
With a 23% increase, the International Finance Corporation (IFC) invested $14.2 billion in 130 projects across 45 African countries in…
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Intra-African Trade : drops to $190.9 billion in 2023
According to Afreximbank, intra-African trade fell to $190.9 billion in 2023, accounting for 14.4% of total African trade, down from 14.7%…
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Ethiopia : record exports in 2024/25
Ethiopia generated $2.6 billion in export revenue during the first five months of FY 2024/25, exceeding the $1.8 billion target.…
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Trade : Africa, the only continent on the rise globally
According to the WTO, Africa was the only continent to record trade growth in 2023, despite a 1.1% global decline.…
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