Source: Hapag-Lloyd |

Hapag-Lloyd invests in growing East African market

Kenya as a driver of growth in the East Africa region Serving nearly 900 export and import customers Hapag-Lloyd with weekly service to and from Mombasa Hapag-Lloyd (www.Hapag-Lloyd.com) is continuing to focus on the growing market in East Africa. With annual growth rates of approximately six percent, the region tops the…

African Trade Insurance Agency (ATI)
Source: African Trade Insurance Agency (ATI) |

On India’s Independence Day, increasing India-Africa trade ties remains a priority reflecting a shared history and a common vision for the future of both regions

Indian Prime Minister Narendra Modi noted that the current India-Africa partnership includes implementation of 180 lines of credit worth USD11billion in over 40 Africa countries and USD600 million in grant assistance

Today marks India’s 71st Independence day when in 1947 Britain’s Parliament passed the India Independence Act freeing the country to determine its own future. The ties between Africa and India were strengthened even more after independence as African countries and India both emerged from colonial rule with a determination to…

Source: International Road Transport Organisation (IRU) |

India steps-up trade ambitions with launch of global customs transit system – TIR

India implements TIR today, activating regional connectivity and advancing the country’s global trade prospects

As India celebrates its Independence Day, the launch of the multimodal and digital TIR (www.UNECE.org/tir/welcome.html) customs transit system looks set to revolutionise the country’s trade and transit potential. The implementation of TIR in India echoes the impressive developmental progress of the nation, with this latest milestone taking regional connectivity to…

Source: Cable News Network (CNN) |

Watch out Trump, China is taking Africa from under your nose

By David A. Andelman

Look out Donald Trump, while you're not watching, China is quietly stealing a continent from you. And India may not be far behind. Currently, the battle for supremacy on the African continent is being fought out between the leaders of Asia's two superpowers -- China and India -- and, for…

Source: United Nations Economic Commission for Africa (ECA) |

The United Nations Economic Commission for Africa (ECA) promotes use of disruptive technology to enhance financial inclusion in Africa

On Friday 3 August 2018, ECA Executive Secretary, Vera Songwe, led Ant Financial’s CEO, Eric Jing, and IFC’s VP and Treasurer, Jingdong Hua, to a meeting with President Mulatu Teshome of Ethiopia

The United Nations Economic Commission for Africa (ECA) is collaborating with the International Financial Corporation (IFC) and Ant Financial (Ant) to promote digital financial inclusion in Africa, through investment and technical capacity building. On Friday 3 August 2018, ECA Executive Secretary, Vera Songwe, led Ant Financial’s CEO, Eric Jing, and…

World Rugby
Source: World Rugby |

India, China, USA and Brazil top drivers of growth within rugby’s 800 million-strong following

Africa is among the fastest-growing fan-bases with 32.7 million, following South America with 38.2, North America with 52.8 and Asia with 112.5.

Global fanbase increase of 24 per cent since 2013 Major global markets showing strong growth Asia, North America, South America and Africa growing rapidly Short-form content effective in attractive new fans Average fan age decreasing and female fan-share increasing Rugby has nearly 800 million followers globally, while more than 338…

Source: Republic of South Africa: Department of Government Communication and Information |

Statement by the Minister of International Relations and Cooperation, Ms Lindiwe Sisulu, on the occasion of the monthly media briefing, OR Tambo Building, Pretoria, 02 August 2018

Good afternoon to you all, ladies and gentlemen of the media, I would like to recognise specifically our Acting Director-General, Amb Nkosi, my advisors present here today and all DIRCO senior managers. The last time we met in this setting, we made an undertaking that we will convene more of…

Source: United Nations Office at Geneva (UNOG) |

New Permanent Representative of Kenya presents Credentials to the Director-General of the United Nations Office at Geneva

Prior to his appointment to Geneva, Mr. Mailu had been serving as Cabinet Secretary for Health at the Ministry of Health of Kenya since 2015

Cleopa Kilonzo Mailu, the new Permanent Representative of Kenya to the United Nations Office at Geneva, today presented his credentials to Michael Møller, the Director-General of the United Nations Office at Geneva. Prior to his appointment to Geneva, Mr. Mailu had been serving as Cabinet Secretary for Health at the…

Source: African Development Bank Group (AfDB) |

The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office

He has led numerous development initiatives in diverse country settings, ranging from fragile states like Afghanistan and Somalia

The African Development Bank Group (https://www.AfDB.org/en/) is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office with effect from 1st September 2018. Dr Kapoor, a citizen of India, has been the Director for Strategy and Operational Policies since February 2012, when he joined the African Development Bank. He has an established track record of effectively…

Foreign Policy
Source: Foreign Policy |

Will Djibouti Become Latest Country to Fall Into China’s Debt Trap?

The African country houses a key U.S. military base, making it a particular concern for Washington

Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year: It has borrowed more money from China than it can pay back. In both countries, the money went to infrastructure projects under…