Africa business news

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 …

The latest report released by International Air Transport Association (IATA) shows that the African carriers’ posted the largest year-on-year increase in demand of all regions in May 2017 with freight …

CMA CGM has upgraded the port rotation of its Swahili Express Service between India and Africa as the French liner spots further growth potential on a lane dominated by reefer …

China will not be a proselytizer and instead supports Africa’s pursuit of development paths suiting its own situations, Chinese Ambassador to Ghana Sun Baohong said Tuesday. Sun made the remarks …

The African Export-Import Bank (Afreximbank) has signed agreements to provide financing facilities totalling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate …

There is a long held debate about the volume of intra-African trade. Some say it is 10 per cent, others say it is underestimated because it could be more than …

Egypt attracted $9.8 billion of foreign investment in domestic debt instruments in the 2016-2017 fiscal year compared to $1.1 billion the previous year, Deputy Finance Minister, Ahmed Kojak said on …

African region By The Standard | Updated Mon, July 3rd 2017 at 00:00 GMT +3 SHARE THIS ARTICLE Share on Facebook Share on Twitter East Africa cross border Trade photo:courtesy …

InterContinental Hotels Group (IHG) has announced the opening of its new Holiday Inn in Mutare, Zimbabwe. The franchised property, owned by African Sun Limited, features 96 rooms, an outdoor pool …