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International Trade Centre
Source: International Trade Centre |

Avocado sector platform in Uganda to propel growth and unlock global market opportunities

Public and private stakeholders in Uganda have validated a three-year roadmap to strengthen the avocado sector that will improve productivity, value addition, and export readiness

Key public and private sector stakeholders convened in Kampala to validate the national avocado sector roadmap and action plan for the next three years.  The milestone marks the culmination of a series of collaborative efforts led by the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), with support from the…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector

This agreement underscores ITFC’s dedication to expanding trade finance accessibility for SMEs fueling Uzbekistan’s economic progress

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, has signed a US$ 20 million Line of Trade Finance Agreement with Asakabank to bolster trade finance solutions for SMEs and private sector clients in Uzbekistan.   Structured under Murabaha, this facility…

Islamic Development Bank Group (IsDB Group)

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    • The Algerian Chamber of Commerce and Industry (CACI) and the Islamic Bank Group organize a forum to introduce financing services in preparation for the 2025 Annual Meetings
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Source: Islamic Development Bank Group (IsDB Group) |

The Algerian Chamber of Commerce and Industry (CACI) and the Islamic Bank Group organize a forum to introduce financing services in preparation for the 2025 Annual Meetings

Focus on supporting the private sector and showcasing promising investment opportunities in Algeria

The institutions of the Islamic Development Bank (IsDB) (www.IsDB.org), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC) in collaboration with the Algerian Chamber of Commerce and Industry…

Bureau Veritas

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    • Cyprian Kabbis - Area Chief Executive - Bureau Veritas, Eastern Africa
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Source: Bureau Veritas |

Bureau Veritas Uganda Achieves the Grain and Feed Trade Association (GAFTA) Accreditation, Strengthening Global Trade Credentials in Agricultural Commodities

As a GAFTA-approved superintendent, Bureau Veritas Uganda now meets and upholds the highest standards required by one of the most respected international trade bodies in the grain and feed sector

Bureau Veritas Uganda (www.BureauVeritas.ug) is pleased to announce that it has officially been accredited as an Approved Superintendent by the Grain and Feed Trade Association (GAFTA) following a stringent assessment and audit process concluded in February 2025. This achievement certifies Bureau Veritas Uganda as a trusted service provider for inspections,…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

The Internation Monetary Fund (IMF) to Hold the Inaugural Annual Economic Research Conference on Middle East and North Africa (MENA)

The IMF-MENA Annual Research Conference is another step forward to further strengthen that partnership and engagement with the region and its people

Jihad Azour, Director of the Middle East and Central Asia Department and Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department of the International Monetary Fund (IMF) issued a statement today: “Global shocks are adding to regional factors resulting in exceptionally uncertain economic environment for Middle East and North…

Afreximbank
Source: Afreximbank |

Afreximbank announces specialized African Continental Free Trade Area (AfCFTA) training to empower African businesses

Scheduled to take place in Abuja, Nigeria, from June 30 to July 2, 2025, the training program is designed to provide businesses with practical policy-relevant insights into the AfCFTA’s evolving regulatory and institutional landscape

To enable African businesses to fully capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced a specialized training program designed to equip enterprises with a deep understanding of the agreement’s commercial implications and transformative potential. Scheduled to take place…

Afreximbank
Source: Afreximbank |

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

This programme seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area (AfCFTA) agreement

To address Africa's persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products…

Ministry of Foreign Affairs of Finland
Source: Ministry of Foreign Affairs of Finland |

Minister for Foreign Trade and Development Ville Tavio to lead trade mission to Morocco

Finland’s Minister for Foreign Trade and Development Ville Tavio will visit Morocco with a business delegation on 28–30 April 2025

In Morocco’s capital Rabat, Minister Ville Tavio will meet Minister of Industry and Trade Ryad Mezzour, Minister of Foreign Affairs Nasser Bourita, Minister of Digital Transition and Administration Reform Amal El Fallah Seghrouchni, Minister of Energy Transition and Sustainable Development Leila Benali, and Minister of Economy and Finance Faouzi Lekjaa. The discussions will focus on bilateral and trade…

Republic of South Africa: Department of International Relations and Cooperation
Source: Republic of South Africa: Department of International Relations and Cooperation |

South Africa: Minister Lamola welcomes Tanzania’s lifting of import ban on South African agricultural products

This resolution follows constructive diplomatic engagement between Minister Lamola and his counterpart, underscoring the enduring strength of bilateral relations

Minister of International Relations and Cooperation, Mr Ronald Lamola, has warmly welcomed Tanzania’s decision to lift its import ban on South African agricultural products. This resolution follows constructive diplomatic engagement between Minister Lamola and his counterpart, underscoring the enduring strength of bilateral relations. The Ministers agreed to facilitate the resolution…

The Republic of Uganda - Ministry of Foreign Affairs
Source: The Republic of Uganda - Ministry of Foreign Affairs |

Uganda Pearl of Africatrade Expo Opens in Malaysia

Uganda permits 100% foreign ownership in most sectors, guarantees repatriation of profits, and offers tax holidays, customs exemptions, and infrastructure support for priority areas

The Pearl of Africa Business Forum and Expo has opened in Kuala Lumpur, Malaysia, with Uganda set on securing trade and investment potential of around USD 5 billion over the next five years. A high powered delegation led by the Finance Minister Hon. Matia Kasaija, comprises Energy Minister Hon. Ruth…