Africa business news

The gap was filled by the Export Credit Insurance Corporation of South Africa through the provision of medium to long-term export credit and investment guarantees by underwriting bank loans for …

The World Bank said on Sunday it had approved a $345 million loan for the expansion of a port in Tanzania’s commercial capital Dar es Salaam, which the East African …

Opportunities in sectors like textiles, food and agro-processing, agriculture, leather and leather garments, renewable energy, healthcare, pharmaceuticals and education await Indian industrialists and entrepreneurs in African countries, a business delegation …

This was one of the messages to emerge during a panel discussion at the Farmer’s Weekly Agribusiness Africa Conference at Emperor’s Palace in Johannesburg on 4-5 July. The session ‘Building …

The 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) ended in Kigali on Saturday with President Paul Kagame of Rwanda saying that the many economic challenges confronting Africa …

At the instance of Dr Benedict Oramah, President of African Export Import Bank (Afrexim), I was invited to this 24th AGM of the bank and one thing that particularly struck …

The Chairman of Heirs Holdings, and the Tony Elumelu Foundation, Tony O. Elumelu, has canvassed the support of all Development Finance Institutions (DFIs) in the continent for African businesses. He …

All is now set for the takeoff of the newly established Development Bank of Nigeria (DBN). The bank which was inaugurated by the former president, Good luck Jonathan on Monday …

African Export-Import Bank (Afreximbank) has been lauded for supporting development initiatives and trade on the continent. Tony O. Elumelu, the chairman of Heirs Holdings and the Tony Elumelu Foundation, said …

NAIROBI, July 5 (Xinhua) — African leaders should focus on developing intra-regional and continental tourism, said a UN report released on Wednesday. According to the Economic Development in Africa Report …