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Afreximbank

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    • The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, H.E. Wamkele Mene (fifth left) poses with Afreximbank’s Group Chief Economist & Managing Director, Research, Dr. Yemi Kale (fifth right) and other dignitaries during the Ghana IATF2025 Business Roadshow in Accra
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Source: Afreximbank |

Ghana Accelerates Efforts to Boost Intra-African Trade

The Ghana IATF2025 Business Roadshow brought together government officials, the trade community, including businesses and investors, and executives from the African Export-Import Bank (Afreximbank)

Ghana is fast-tracking the implementation of the African Continental Free Trade Area (AfCFTA) to unlock new opportunities for Ghanaian businesses across Africa by moving beyond commodity-based trade towards value addition for its traditional exports such as gold, oil and cocoa.  Speaking during the Ghana Intra-African Trade Fair (IATF) 2025 Business…

African Union (AU)
Source: African Union (AU) |

African Union Commission (AUC) Chairperson received the letters of credence from H.E. Dr. Mohamed Khaled, newly appointed Ambassador of the People’s Democratic Republic of Algeria

The Chairperson commended Algeria’s steadfast commitment to the AU & its instrumental role in advancing continental priorities

This morning, H.E. @ymahmoudali, Chairperson of the AU Commission, received the letters of credence from H.E. Dr. Mohamed Khaled, newly appointed Ambassador of the People’s Democratic Republic of Algeria to the Federal Democratic Republic of Ethiopia & Permanent Representative to the African Union. The Chairperson commended Algeria’s steadfast commitment to…

Afreximbank
Source: Afreximbank |

Kenya pledges to accelerate efforts to boost intra-African trade

The Kenya IATF2025 Business Roadshow attracted over 200 members of Kenya’s business community, including buyers, creatives, automotive sector players, policymakers and investors

Kenya is working towards fast-tracking implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across the continent. Speaking during the Kenya IATF2025 Business Roadshow event, Kenya’s Cabinet Secretary, Ministry of Investments, Trade and Industry, Hon. Lee Kinyanjui said the government is positioning…

Islamic Development Bank Group (IsDB Group)

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    • Engaging Startups and Innovation at the Islamic Development Bank (IsDB) Group 2025 Annual Meetings in Algeria
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Source: Islamic Development Bank Group (IsDB Group) |

Engaging Startups and Innovation at the Islamic Development Bank (IsDB) Group 2025 Annual Meetings in Algeria

The competition was preceded by a multi-day bootcamp that equipped participants with essential skills and mentorship

The Islamic Development Bank (IsDB) Group’s 2025 Annual Meetings (www.IsDB.org) reaffirmed the strategic importance of startups and youth-led innovation in driving inclusive and sustainable development. Through a series of high-impact engagements, The Islamic Development Bank Group emphasized how entrepreneurial ecosystems can address pressing global challenges while unlocking new pathways for…

The World Bank Group
Source: The World Bank Group |

Algeria: Boosting productivity to achieve sustainable and diversified growth

The Spring 2025 World Bank Economic Update highlights Algeria’s robust economic growth and decreasing inflation in 2024, while emphasizing the need to boost productivity in key sectors to achieve more sustainable and diversified growth, thereby mitigating external risks

Algeria’s economy maintained its momentum in 2024 with non-hydrocarbon GDP expanding by 4.8 percent, driven by strong public investment and robust household consumption. Inflation eased significantly to 4.0 percent in 2024, partly due to the strong performance of the agricultural sector despite limited rainfall, supporting a slowdown in food prices,…

Islamic Development Bank Institute (IsDBI)
Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute Engages Global Stakeholders to Advance Islamic Finance during Group Annual Meetings in Algiers

The IsDBI’s agenda focused on advancing partnerships, capacity development, and knowledge-driven solutions in Islamic finance

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) has reinforced its leadership in Islamic finance by engaging with key stakeholders in a series of high-level bilateral meetings during the 2025 IsDB Group Annual Meetings in Algiers, Algeria. These strategic engagements underscore IsDBI’s commitment to fostering collaboration, innovation, and sustainable development across…

African Energy Chamber

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    • Sonatrach Chief Executive Officer (CEO) to Spotlight Algeria’s Energy Investment Boom at Africa Energy Week (AEW) 2025
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Source: African Energy Chamber |

Sonatrach Chief Executive Officer (CEO) to Spotlight Algeria’s Energy Investment Boom at Africa Energy Week (AEW) 2025

Sonatrach CEO Rachid Hachichi will speak at the NOC-IOC Forum at African Energy Week 2025: Invest in African Energies, highlighting Algeria’s expanding investment opportunities across hydrocarbons, LNG and green hydrogen under its ambitious energy growth strategy

Africa Energy Week (AEW) 2025: Invest in African Energies is proud to announce the participation of Rachid Hachichi, CEO of Sonatrach, as a speaker during the high-level NOC-IOC Forum. Representing one of Africa’s most strategic national oil companies and a key player in global energy markets, Hachichi will provide critical…

African Energy Chamber

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    • Algeria Shares Update on 2024/2025 Bid Rounds Ahead of African Energy Week (AEW) 2025 (1)
    • Algeria Shares Update on 2024/2025 Bid Rounds Ahead of African Energy Week (AEW) 2025 (2)
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Source: African Energy Chamber |

Algeria Shares Update on 2024/2025 Bid Rounds Ahead of African Energy Week (AEW) 2025

The country’s upstream regulator shared insights into the its 2024 and 2025 bid rounds in a webinar hosted in partnership with the African Energy Chamber and Wood Mackenzie

Algeria will host its bid opening ceremony for its 2024 Bid Round on June 17, 2025, the country’s upstream regulator the National Agency for the Valorization of Hydrocarbon Resources in Algeria (ALNAFT) announced. Opened in November 2024, the bid round featured six onshore blocks and has piqued the interest of…

Islamic Development Bank Group (IsDB Group)

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    • Key Outcomes from Islamic Development Bank Group (IsDB)’s 13th Private Sector Forum in Algiers
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Source: Islamic Development Bank Group (IsDB Group) |

Key Outcomes from Islamic Development Bank Group (IsDB)’s 13th Private Sector Forum in Algiers

The discussions focused on prevailing opportunities and challenges facing the business sector and highlighted the Group’s suite of financing instruments, including lines of financing, private sector financing, trade development support, investment insurance, and export credit facilities, among others

The Islamic Development Bank Group (IsDBG) (www.IsDB.org) affiliated institutions organized the 13th Private Sector Forum from May 20 to 22, 2025, at Abdelatif Rahal International Conference Center in Algiers (People's Democratic Republic of Algeria). The forum was convened on the sidelines of the Group's annual meetings, under the high patronage…

Islamic Development Bank Institute (IsDBI)
Source: Islamic Development Bank Institute (IsDBI) |

First Islamic Development Bank Institute (IsDBI) Artificial Intelligence (AI) Hackathon Showcases Innovation in Islamic Finance

The Hackathon focused on developing AI-powered solutions that make these standards easier to implement, more accessible, and globally aligned

The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) has announced the winners of the first-of-its-kind Artificial Intelligence (AI) Hackathon in Islamic Finance, organized to showcase the potential of AI-powered tools to support the progress of the global Islamic financial industry. The awards were announced and presented to the winners during the…