Africa business news

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 …

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 …

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%), …

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 …

Dar es Salaam, Tanzania – Bill Gates announced a $15 million investment to help digitise Tanzania’s health information systems and improve health data in the country. Gates congratulated members of …

Since the year 2000, the African Growth and Opportunity Act (AGOA) has given eligible African countries duty and quota free access to the United States’ markets. This has created an …

China is likely to cross the Sh400 billion export mark to Kenya this year, a move that is likely to further widen the huge trade deficit between the two countries. …

LONDON: “Nothing is impossible.” These three words are on a plaque that Aliko Dangote keeps on his office desk in Lagos, Nigeria, constantly reminding Africa’s richest man how to approach …

This year was supposed to be a challenging year for emerging markets (EMs). An accelerated pace of Fed tightening, protectionism, and political risks were among the prospective hurdles EMs would …

The premier also indicated that preparatory works are being done between the two countries toward that regard. Desalegn, who held a discussion with Sudanese President Omar Hassan al-Bashir on ways …