Africa business news

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 …

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 …