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Afreximbank provides US$200mn for “intra-African trade champions”

Afreximbank provides US$200mn for “intra-African trade champions”

August 2, 2017

Egyptian construction company the Arab Contractors is to receive a US$200mn multi-currency guarantee facility from the African Export-Import Bank (Afreximbank) for construction projects in Africa and the Middle East, after …

Afreximbank provides US$200mn for “intra-African trade champions” Read More

AFRICA: THE PATH TO INDUSTRIALIZATION AND WEALTH CREATION

August 2, 2017

There is a general recognition that to end backwardness and poverty and become developed, prosperous, secure and powerful, a country’s economy must be industrialized (Gerald M. Meir and Dudley Seers …

AFRICA: THE PATH TO INDUSTRIALIZATION AND WEALTH CREATION Read More

South Africa Offers to Export Meat to Indonesia

August 2, 2017

Trade Minister Enggartiasto Lukita released the results of his visit to South Africa on July 22. “The visit was to fulfill President Joko Widodo’s promise to President Jacob Zuma who …

South Africa Offers to Export Meat to Indonesia Read More

Nigerian Govt Adopts U.S.$11 Billion Dangote Refinery Under New Petroleum Policy

August 2, 2017

The government has adopted the U.S.$11 billion Dangote refinery, under its new National Petroleum Policy in order to add value to crude oil, reduce high dependence on imported petroleum products …

Nigerian Govt Adopts U.S.$11 Billion Dangote Refinery Under New Petroleum Policy Read More

Uganda shows off business, tourism potential at Astana EXPO 2017

August 2, 2017

Uganda last week showcased her business, tourism and national achievements at the ongoing Astana EXPO2017 in Kazakhstan. The highlights of the Uganda day on July 24th 2017 included a press …

Uganda shows off business, tourism potential at Astana EXPO 2017 Read More

Farmers call on government to reduce tax on sesame export

August 1, 2017

The Ghana National Sesame Business Farmers’ Association (GNSBFA) has called on the Government to reduce the high taxes placed on the exportation of sesame to neighbouring countries. The farmers, drawn …

Farmers call on government to reduce tax on sesame export Read More

Sierra Leone Business: Yvonne Aki-Sawyerr, Investments Director of IDEA with Afreximbank staff at the awards dinner

August 1, 2017

AFREXIMBANK wins award for investing in Sierra Leone Afreximbank has been awarded Best Export Credit Agency Africa at the Trade Finance Awards Dinner, for the bank’s financing of the Hilton …

Sierra Leone Business: Yvonne Aki-Sawyerr, Investments Director of IDEA with Afreximbank staff at the awards dinner Read More

Distell purchases BGB to reach African markets

August 1, 2017

Distell entered into a two-phased transaction of purchasing Best Global Brands (BGB), which the company described as a strategic priority to lead in selected African countries. Phase one of the …

Distell purchases BGB to reach African markets Read More

Zambia agree to sell 100,000 tonnes of maize to East Africa

August 1, 2017

Zambia has set aside 100,000 tonnes of maize for export to East Africa and other countries in the Great Lakes region, with the bulk of the corn destined for Kenya, …

Zambia agree to sell 100,000 tonnes of maize to East Africa Read More

Coal of Africa casts about for second acquisition

August 1, 2017

Coal of Africa (CoAL) is reviewing prospects for a second acquisition, soon after completing its purchase of Uitkomst Colliery from Pan African Resources, to generate cash while it develops its …

Coal of Africa casts about for second acquisition Read More

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