Archive for the ‘Africa’ Category

Africa, Digital Trade, News

June 3, 2026

The Africa Bitcoin Reserve (ABR) Protocol has been unveiled as a groundbreaking sovereign digital infrastructure designed to address long-standing structural gaps within Africa's financial landscape. Built on a transparent, programmable, and Africa-owned blockchain, the ABR aims to empower central banks across the continent to manage reserves with cryptographic verifiability. A key objective of the protocol [...]

Africa, News, Trade Finance

May 29, 2026

The African Development Bank (AfDB) has taken a significant step to boost trade for small and medium-sized enterprises (SMEs) in Zambia, approving a $20 million Trade Finance Guarantee facility for Access Bank Zambia. This strategic initiative is projected to facilitate up to $240 million in trade volumes over a five-year period, directly benefiting Zambian SMEs. […]

Africa, News, Trade Finance

May 28, 2026

In a significant boost to African trade, the Mauritius Commercial Bank (MCB) has announced a substantial $1 billion trade finance package for the continent, spanning four years. This ambitious program is specifically designed to support letters of credit, guarantees, and various commercial facilities, with the overarching goal of stimulating intra-African trade and strengthening regional corridors. […]

Africa, China, News, Trade

May 13, 2026

Rules of Origin are emerging as a pivotal factor in shaping global trade dynamics, from fostering new economic partnerships to optimizing the efficacy of established mega-pacts. The full implementation of China’s zero-tariff treatment for all 53 African countries with diplomatic ties, announced on May 6, 2026, is poised to significantly boost trade and investment cooperation […]

A global recalibration of supply chains is fueling a surge of foreign direct investment into Latin America and Africa, as nations and corporations race to secure resources vital for the green energy transition. According to a report from OMFIF, Latin America and the Caribbean (LAC) are becoming crucial destinations for foreign capital, holding the world’s […]

Africa, News, Trade Agreements

February 26, 2026

African leaders are intensifying efforts to bolster the continent’s economic sovereignty through two major initiatives aimed at overcoming trade barriers and financing critical infrastructure. On February 14, 2026, African Heads of State and Government officially launched the Africa Infrastructure Financing Facility (AIFF), a new platform designed to fast-track the financing of cross-border infrastructure projects essential […]

Africa, News, Trade and Investments

February 25, 2026

Foreign direct investment is flowing into Africa’s industrial and natural resource sectors, highlighted by a landmark US$8 billion commitment to South Africa and resilient investment in mining across the continent, even as overall FDI to the region saw a decline in 2025.   In a significant boost for one of the continent’s largest economies, the […]

Africa, Energy Trade, News

February 12, 2026

A global rush to secure leadership in the green energy transition is unlocking tens of billions of dollars in foreign direct investment, reshaping economies and supply chains from Africa to Latin America. Recent announcements reveal a surge in capital flows into large-scale hydrogen, solar, and critical minerals projects as nations position themselves for a decarbonized […]

Africa, News, Trade

February 12, 2026

The African Development Bank Group (AfDB) and Banque Internationale Arabe de Tunisie (BIAT) have signed a $50 million Trade Finance Guarantee Facility to bolster Tunisia’s private sector, the AfDB announced on February 7, 2026. The agreement is designed to strengthen the import and export activities of local businesses by enhancing their access to trade finance […]

Africa, Foreign Direct Investment, News

February 10, 2026

A wave of foreign direct investment is targeting Africa’s foundational economic sectors, with significant capital flowing into technology infrastructure and agriculture to address critical needs for digital transformation and food security. Dubai-based Maser Group announced a $1.6 billion investment over the next two years in African data centers and farmlands, Energy Monitor reported on February […]

Africa, International Trade, News

December 17, 2024

Efforts to boost trade and connectivity with African nations are gaining momentum, focusing on fostering mutually beneficial agreements and enhancing infrastructure links across the region. Recent discussions among key economic leaders have emphasized the importance of balanced trade agreements and regional collaboration to support economic growth.   New trade initiatives aim to create equitable agreements […]

Africa, International Trade, News

July 29, 2024

The International Trade Council reports that Ghana’s trade surplus grew significantly in the first half of 2024, driven primarily by a substantial rise in gold export revenue. This increase helped mitigate the effects of a decline in cocoa income.   Ghana’s trade surplus increased by 12.5% from the previous year, reaching $1.8 billion. Total exports […]

Africa, International Trade, News

July 26, 2024

The International Trade Council reports that Nigeria has seen substantial growth in its fuel imports from Malta, totaling $2.25 billion over the past nine years. This significant trade activity highlights the strengthening economic ties and robust trade relations between Nigeria and Malta.   According to Trade Map data, Nigeria’s imports of petroleum oils obtained from […]

Africa, International Trade, News

July 10, 2024

Nigeria has maintained its position as the fourth-largest contributor to intra-Africa trade in 2023, according to the Africa Trade Report 2024. The report indicates a slight decline in Nigeria’s intra-Africa trade volume, totaling $8 billion compared to $8.2 billion the previous year. Despite this decrease, Nigeria continues to account for a significant share of 4.2% […]

Pretoria, South Africa — The 42nd annual Southern African Transport Conference and Exhibition is slated for 8-11 July 2024 at the CSIR International Convention Centre (ICC) in Pretoria. This year’s theme, “Upskilling and Reskilling the Transport Industry for Current and Future Challenges,” aims to highlight the critical need for innovation and collaboration within the sector. […]