Latest News for: African trade report

Edit

Improving cross-border trade policy is vital in solving the African food security crisis

Mail Guardian South Africa 09 Aug 2022
And while there has been good progress in streamlining intra-African trade policy, there is a lot of room to improve, especially in practice. According to the UN Conference on Trade and Development’s Economic Development in Africa Report 2021, intra-African trade accounts for 14.4% of total African exports.
Edit

RBI promoting rupee as preferred currency for global trade: FM

Financial Express 09 Aug 2022
On July 11, the central bank allowed export and import settlement in rupees to bolster trade flow ... trading community in rupee.”Also Read ... The mechanism could also be tapped to trade with Sri Lanka and African nations that are reportedly facing foreign exchange woes, some had said.
Edit

Apart from N41tn Public Debt, FG Owes CBN $47bn, Report Reveals

This Day 07 Aug 2022
Sovereign dollar bonds from African countries trade on average at 1,007 basis points above the US Treasury yield, meeting the widely accepted definition of a debt crisis ... World Trade Organisation (WTO) Director-General Ngozi Okonjo-Iwela attended its launch, the report said.
Edit

African Stock Exchanges’ potential to support region’s economic dev’t mapped out

B & FT Online 01 Aug 2022
The focus report shines a spotlight on the African Exchanges Linkages Project (AELP) which aims to connect stock exchanges regionally and foster both investment and trade, following a pilot phase that involves seven leading exchanges ... African Continental Free Trade Area agreement.
Edit

Boost for agribusiness and commodity trading in Africa

B & FT Online 29 Jul 2022
This comes on the back of reports that the African Continental Free Trade Area (AfCFTA) Secretariat, Afreximbank and World Food Programme (WFP) have signed a three-year Memorandum of Understanding (MoU) to disburse US$2billion in farming loans and credit lines for agro-processors ...
Edit

UAE, Kenya to launch talks over comprehensive economic partnership

The Arab Weekly 29 Jul 2022
The United Arab Emirates and Kenya have agreed to launch talks on a comprehensive economic partnership agreement (CEPA) which would be the first of its kind between the Gulf Arab state and an African country, state news agency WAM reported on Thursday. Such an agreement will deepen trade and investment ties between Africa and the Middle East.
Edit

OBG and ASEA team up for African Stock Exchanges to integrate region’s stock markets

Joy Online 28 Jul 2022
A new focus report produced by Oxford ... The focus report shines a spotlight on the African Exchanges Linkages Project (AELP), which aims to connect stock exchanges regionally and foster both investment and trade, following a pilot phase that involves seven leading exchanges.
Edit

Explainer: What's Behind the Rising Conflict in Eastern DRC

Beijing News 23 Jul 2022
Ugandan officials have accused Rwanda of using M23 to thwart its efforts against ADF, the Africa Center report noted, adding that the U.N ... The project is expected to increase the two countries' trade volume and cross-border transparency, and to strengthen relations through "infrastructure diplomacy," The East African reported.
Edit

Businesswoman realizes dream in Kenya

Shenzhen Daily 22 Jul 2022
LEI JING, an entrepreneur from Shenzhen, has achieved her ambitions in e-commerce in Kenya, earning an annual revenue of 50 million yuan (US$7.4 million) in 2021, up by 200% year on year, Shenzhen Economic Daily reported. In 2016, Lei opened a foreign trade company in Kenya as she saw the great potential in the African market.
Edit

Explainer: What’s Behind the Rising Conflict in Eastern DRC?

Voa News 22 Jul 2022
Ugandan officials have accused Rwanda of using M23 to thwart its efforts against ADF, the Africa Center report noted, adding that the U.N ... The project is expected to increase the two countries’ trade volume and cross-border transparency, and to strengthen relations through “infrastructure diplomacy,” The East African reported.
Edit

NRG Matters — Dubai’s energy demand rises by 6.3%; Egypt’s Infinity to become Africa’s largest ...

Arab News 20 Jul 2022
Dubai’s energy demand has risen by 6.3 percent during the first half of 2022, Trade Arabia reported, citing Dubai Electricity and Water Authority’s announcement ... Cairo-based renewable energy company Infinity and Africa Finance Corporation will wholly acquire London-headquartered African renewable energy firm, Lekela Power, Trade Arabia reported.
Edit

AU mid-year meeting ends with call to accelerate integration, boost industrialization

Xinhua 18 Jul 2022
Macky Sall, the AU chairperson, told reporters during a press briefing that the leaders agreed to actualize the implementation of the African Continental Free Trade Area (AfCFTA) to promote trade and enhance integration ... He said the meeting tackled the importance of integration and the importance of a free trading arrangement.
Edit

UNCTAD Calls on African Countries to Diversify Exports

Beijing News 17 Jul 2022
A report by the United Nations Conference on Trade and Development, UNCTAD, calls on African countries to broaden their exports beyond commodities if they are to escape poverty ... The UNCTAD report calls on African countries to implement policies to better link trade in high-value services with other sectors, especially manufacturing.
Edit

Roundup: AU mid-year coordinating meeting ends with call to accelerate integration, boost industrialization

China.dot.org 17 Jul 2022
Macky Sall, the AU chairperson, told reporters during a press briefing that the leaders agreed to actualize the implementation of the African Continental Free Trade Area (AfCFTA) to promote trade and enhance integration ... He said the meeting tackled the importance of integration and the importance of a free trading arrangement.
Edit

Can the anchor hold in the aftermath of the Russian-Ukrainian?

B & FT Online 14 Jul 2022
a global maritime trade perspective ... These two nations are critical to the maritime transport industry and global trade ... The African Development Bank (AfDB) reports that wheat prices have increased by 62 percent since the war began, fertiliser prices have increased by 300 percent, and maize prices have increased by 36 percent.

Most Viewed

In this photo released by the Taiwan Ministry of National Defense, Taiwan military forces conduct anti-landing drills during the annual Han Kuang military exercises near New Taipei City in Taiwan on Wednesday, July 27, 2022
AP / Taiwan Ministry of National Defense
On 16 June 2022, Volodymyr Zelenskyy meet, in Kyiv, with "met with President of France Emmanuel Macron, Chancellor of Germany Olaf Scholz, President of Romania Klaus Iohannis and Prime Minister of Italy Mario Draghi, who arrived in Ukraine on a visit."
Creative Commons / President.gov.ua
×