Africa business news

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 …

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 …

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 …

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 …

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 …

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. …

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 …

According to the report, the China-Africa relationship ramped up over the past decade with trade growing at around 20 percent per annum. This means no other country matches this level …

Over 100 African fashion designers and exhibitors will feature at the 7th edition of Africa Fashion Week between Aug.11, 2017 and Aug.12, 2017 at the Grand hall of the Freemasons …

Morocco’s Banque Centrale Populaire is currently in negotiations with the Bank of Kigali on the possibility of acquiring a stake in the local bank. Bank of Kigali’s Chief Executive Officer …