Africa business news

Unlike many airlines the Ethiopian Airlines has attested its competitiveness and profitability for years. In the turbulent aviation industry the Ethiopian Airlines is standing out as a champion carrier maintaining …

Ethiopian Cargo Services Catalysing Economic Integration Read More

Kenya stands to gain significantly from stronger economic growth of regional partners, as it can take advantage of increased demand from these economies, says a report launched on Tuesday by …

Kenya to benefit from EAC economic partnership Read More

Africa is growing 7-10 times faster than any other continent in the world and with that comes an increased need for foreign investment. China is Africa’s biggest single trading partner …

China’s Presence In Africa – Growth And Modernisation Read More

Pretoria – South Africa recorded a trade balance surplus of R9.50bn in May, the SA Revenue Service (SARS) announced on Friday. This includes trade data with Botswana, Lesotho, Namibia and …

SA records trade surplus of R9.5bn in May Read More

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

Intra-Africa trade receives financial boost Read More

On Friday 30th June 2017, the African Export-Import Bank (Afrexim Bank) signed several deals with the leading business men in the continent. This took place at the 24th Afrexim Bank …

ALIKO DANGOTE AND TONY ELUMELU SIGN BILLION DOLLAR DEALS WITH AFREXIM BANK Read More

NAIROBI, June 30 (Xinhua) — Africa was the leading destination for Kenya’s exports in the first quarter of 2017, a government statistics bureau said on Friday. According to the Kenya …

Kenya says Africa leading destination for exports Read More

BAMAKO, June 29 (Reuters) – Mali exported more than 16 tonnes of artisanally mined gold in the first four months of this year, the mines minister said on Thursday citing …

Mali exports over 16 T of artisanal gold from Jan to April -minister Read More

Mobile technology has been a transformative factor for various sectors across Africa and could bolster the manufacturing industry across the continent, according to former GE Africa senior leader Vishal Agarwal. …

Mobile technology transforming Africa, manufacturing needs to step up Read More

President Nana Akufo-Addo has urged African leaders to hasten the coming into being of the Continental Free Trade Area (CFTA). He said, “if we remain resolute and see to its …

Continental free trade area is Africa’s path to self-reliance -Akufo-Addo Read More