International Trade Centre
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    • Business support groups poised to drive African integration
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Source: International Trade Centre |

Business support groups poised to drive African integration

According to ITC analysis, only 25% of African small firms have heard about the free trade agreement, making engagement with businesses crucial

Regional and continental business support organizations can help Africa’s private sector benefit from the continent’s free trade area, after a webinar that highlighted progress the Agreement has made. Business support organizations can play a crucial role in the success of the African Continental Free Trade Area (AfCFTA).  The International Trade…

Source: African Development Bank Group (AfDB) |

Kenya: African Development Bank approves $30 million Trade & Small and Medium Enterprises (SME) Finance Facility for Family Bank Limited

The facility is expected to boost intra-Africa trade, promote regional integration and contribute to the reduction of the trade & SME finance gap in the East African nation

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $30 million Trade & SME Finance Facility for Family bank Limited (FBL) in Kenya. The facility is expected to boost intra-Africa trade, promote regional integration and contribute to the reduction of the trade & SME finance…

Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

ICIEC Announces Capacity Building Program for OIC Business Intelligence Center (OBIC) Users: The Role of Credit Information Sharing, and Business Intelligence in Supporting Trade and Investment Decisions

The OBIC will contribute to the development and enhancing the maturity of credit reporting ecosystems in the OIC Member States

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), the insurance arm of the Islamic Development Bank (IsDB) Group, is pleased to organize a Capacity Building Program for the Users of the OIC Business Intelligence Center (OBIC), targeted at Supporting Credit and Investment Decisions. The program…

Source: Embassy of the Republic of Indonesia in Khartoum, Sudan |

Strengthening the Indonesian-Sudan Halal Industry Sector, Indonesian Ambassador to Khartoum Meets Secretary General of the Sudanese Halal Goods and Services Council

Indonesia seeks to take advantage of the demographic bonus as a country with the largest Muslim population in the world

In an effort to strengthen cooperation between the Indonesian sharia economy and the halal industry between I​ndonesia and Sudan, the Indonesian Ambassador to Khartoum, Mr. Sunarko accompanied by PF Ekonomi on Wednesday (15/3) made a visit and meeting with the Secretary General of the Sudanese Halal Goods and Services Council,…

African Energy Chamber
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    • Afreximbank makes Case for Infrastructure Investment at African Refiners & Distribution Association (ARDA) Week 2023
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Source: African Energy Chamber |

Afreximbank makes Case for Infrastructure Investment at African Refiners & Distribution Association (ARDA) Week 2023

Afreximbank’s Global Head and Director, Client Relations, Rene Awambeng delivered a presentation during ARDA Week 2023 where he explored the infrastructure-energy transition nexus in Africa

While the need to transition to a cleaner energy future is a global priority, Africa’s energy poverty challenges require strong and immediate solutions, of which investment in infrastructure to strengthen energy supply and access is predominant. In line with this, Rene Awambeng, Global Head and Director, Client Relations at pan-African…

Source: Ministry of Foreign Affairs of the Kingdom of Thailand |

Ambassador of Thailand to Somalia had a discussion with Director General and Director of Investment, Ministry of Trade of Somalia

Both sides discussed on the foreign investment in fisheries industry in Somalia, and hope that there will be more Thai investors in the region

On 7 February 2023, Ambassador Sasirit Tangulrat had a discussion with Mr. Mohamed Saney Dalmar, Director General and Mr. Abdirizak Hassan Yusuf, Director of Investment , Ministey of Trade of Somalia, to promote and enhance trade and investment relations between Thailand and Somalia. Somalia is the 38th trade partner in…

Source: Parliament of the Republic of Uganda |

Uganda: Enhance Trade Between Developing Countries and the Western World- Tayebwa

Addressing the 146th Assembly of the Inter-Parliamentary Union in Manama, Bahrain, Tayebwa listed bottlenecks that are hampering the growth of some member states

The Deputy Speaker, Thomas Tayebwa has asked the Inter-Parliamentary Union (IPU) member states to remove all non-tariff barriers saying that they are a hindrance to the entry of goods especially from developing countries. Addressing the 146th Assembly of the Inter-Parliamentary Union in Manama, Bahrain, Tayebwa listed bottlenecks that are hampering…

The Canada-Africa Chamber of Business
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    • Annual African Mining Breakfast with MineAfrica
    • VIP Reception
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Source: The Canada-Africa Chamber of Business |

Canada and the Democratic Republic of Congo in prime position for private sector collaboration

To promote Congolese small and medium enterprises (SME), companies of all sizes and sectors are invited to take advantage of the opportunities in the Democratic Republic of the Congo

The ARSP (https://apo-opa.info/3TcpIBA), the Democratic Republic of Congo’s (DRC) Regulatory Authority for Subcontracting in the Private Sector, underscored major opportunities for market-solutions, driven by Canada's private sector, at the Canada-Africa Chamber of Business (www.CanadaAfrica.ca) VIP reception, held during PDAC – the annual convention in Toronto attended by approximately 24,000 mining industry delegates. Prudence…

Source: International Trade Centre |

Harnessing regional trade to grow African fine coffee markets

ITC’s sustainable agribusiness initiative, Alliances for Action, traveled to Kigali with African coffee entrepreneurs from across its programmes to showcase fine Ethiopian coffees

At an expo in Rwanda, ITC's Alliances for Action partners showed how Africa can earn more from its coffee. “We all know that most African coffee producers live below the minimum subsistence income,” said Enselme Gouthon, president of the African and Malagasy Robusta Coffee Agency, “so it’s crucial to find…

African Development Bank Group (AfDB)
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    • Robert Masumbuko, African Development Bank Benin Country Manager, explained that the workshop aimed to help Beninese small and medium textile enterprises enhance their structure
    • Actors in Benin's textile value chain attended the workshop to explore alternative strategies to boost the sector
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Source: African Development Bank Group (AfDB) |

Benin: African Development Bank, government and stakeholders explore strategies to boost the textile sector

The aim was to understand the needs and expectations of the textile manufacturing ecosystem and to incorporate local actors into value chains for mass-production of textiles

The African Development Bank Group's (www.AfDB.org) country office in Benin held a workshop on the challenges facing the country’s textile industry and how to build the capacity of stakeholders to develop value chains. The workshop drew fabric producers, dyers, stylists, designers, embroiderers, seamstresses, consumers, support function professionals, and value chain…