Fresh attempt to revive AGOA exports
From the peak of exports worth around $17 million in 2011, which were dominated by textiles, exports under the AGOA pact to the US in 2016 were at a paltry …
Fresh attempt to revive AGOA exports Read MoreAfrica business news
Transform stagnant economies to value-added ones – Akufo-Addo
President Nana Akufo-Addo has challenged African countries to work on transforming the stagnant and jobless economies that have been built on the export of raw materials and unrefined products to …
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Technology, now major GDP booster – Rack Centre CEO
Why are African data centres not getting Uptime Institute Certification Tier III data centre is like detailed aircraft certification. You have to invest and not cut corners in your processes, …
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Afreximbank targets $300m equity from Nigerian investors
The African Export-Import Bank’s (Afreximbank) in today Lagos met with leading Nigerian investors to push for strong participation in the Bank’s $300million equity offering, for which it is using depositary …
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Nigeria: EU, Nigeria Collaborate to Upgrade Banned Exports
The European Union (EU) has begun collaboration with Nigerian authorities to improve the quality of some exports from the country, which had been banned in Europe due to the products’ …
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Solidarity over Justice: The ties that bind South Africa and Zimbabwe
Had Grace Mugabe not been granted immunity, would her equally irascible husband, President Robert Mugabe, have thrown his toys out the cot, evicted South Africa’s diplomats and business people, cut …
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Botswana home to new USAID Southern Africa Trade and Investment Hub
The key objectives of the USAID Southern Africa Trade and Investment Hub are to increase international competitiveness, intra-regional trade and food security in Southern Africa. Despite major gains in trade …
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Nigerian Investor Sets Up $135 Million Commodities Exchange
A Nigerian startup is developing a new agricultural commodities exchange in Africa’s most populous country to take advantage of the government’s efforts to boost farming output to reduce reliance on …
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Kenya and Ghana: Models of intra-Africa trade
Fresh facts emerging, however, suggest a slightly improving scenario. Data for 2003/14 shows that intra-African finance is a significant source of foreign investment in low-and-middle-income countries such as Burundi (79%), …
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Ethiopia’s Chinese-built industrial parks appeal to global textile producers
The three industrial parks, Hawassa, Mekelle and Kombolcha, were built as part of its efforts to become Africa’s manufacturing hub. Located in southern and northern Ethiopia, they have begun to …
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