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Africa business news

3 key conversations from the US-Africa business summit

3 key conversations from the US-Africa business summit

June 20, 2017

African ministers and business people joined their American counterparts in Washington, D.C., last week at the U.S.-Africa Business Summit, to discuss greater economic engagement, despite lingering uncertainty over the United …

3 key conversations from the US-Africa business summit Read More
Ethiopia: We Should Assess All Possibilities At Home to Stop Exporting Raw Materials

Ethiopia: We Should Assess All Possibilities At Home to Stop Exporting Raw Materials

June 20, 2017

What is chemical engineering all about? In broad terms, chemical engineering is one of the branches of engineering which involve in converting raw materials into valuable products in most efficient, …

Ethiopia: We Should Assess All Possibilities At Home to Stop Exporting Raw Materials Read More
COMESA calls for continental free trade

COMESA calls for continental free trade

June 20, 2017

THE Common Market for Eastern and Southern Africa (COMESA) has urged the American business community to support the push for the continental free trade area (CFTA) in order to benefit …

COMESA calls for continental free trade Read More
Private equity looks to east Africa for investment opportunities

Private equity looks to east Africa for investment opportunities

June 20, 2017

Buyout groups investing in Africa are turning east and shunning the oil-rich western part of the continent as they grapple with the effect of low commodity prices on private equity’s …

Private equity looks to east Africa for investment opportunities Read More
AfDB to work with banks to increase national savings

AfDB to work with banks to increase national savings

June 20, 2017

THE African Development Bank (AfDB) and the Governors of Central Banks in Africa have resolved to strengthen cooperation on a range of issues to curb illegal financial outflows, bolster measures …

AfDB to work with banks to increase national savings Read More
AfDB and Export Trading Group (Etg) Sign U.S.$ 100 Million Non-Sovereign Guarantee Corporate Loan

AfDB and Export Trading Group (Etg) Sign U.S.$ 100 Million Non-Sovereign Guarantee Corporate Loan

June 19, 2017

The African Development Bank (AfDB) Group and Export Trading Group (ETG) marked a significant milestone on May 30 with the signing of a US$ 100 million loan to finance part …

AfDB and Export Trading Group (Etg) Sign U.S.$ 100 Million Non-Sovereign Guarantee Corporate Loan Read More
China Southern eyes Africa, South America expansion

China Southern eyes Africa, South America expansion

June 19, 2017

China Southern Airlines (CZ, Guangzhou) is planning to expand into South America and Africa over the next five years the carrier’s Senior Vice President (Marketing) Wu Guoxiang has told the …

China Southern eyes Africa, South America expansion Read More
Bollore pitches for revamp of Gambia’s main port: sources

Bollore pitches for revamp of Gambia’s main port: sources

June 16, 2017

France’s Bollore Group has submitted an offer to develop Gambia’s main port as part of a deal worth hundreds of millions of dollars, three sources familiar with the matter said, …

Bollore pitches for revamp of Gambia’s main port: sources Read More
Ethiopian to inaugurate its new State of the Art Cargo Terminal-II

Ethiopian to inaugurate its new State of the Art Cargo Terminal-II

June 16, 2017

Africa’s largest cargo operator, Ethiopian Airlines, has inaugurated its state of the art Cargo Terminal-II during the Second ICAO Global Air Cargo Development Forum which will be hosted by Ethiopian …

Ethiopian to inaugurate its new State of the Art Cargo Terminal-II Read More
Afreximbank embarking on a bold 5-year plan, says chief economist

Afreximbank embarking on a bold 5-year plan, says chief economist

June 14, 2017

The bank may be called an export-import bank but it sees itself as much more than a trade finance bank or a traditional exim bank such as those in mature …

Afreximbank embarking on a bold 5-year plan, says chief economist Read More

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