Source: African Union (AU) |

African Leaders for Nutrition (ALN) Initiative Embedding Nutrition within the Covid-19 Response and Recovery

COVID-19 Position Paper

Background The coronavirus (COVID-19) pandemic has created a major global health and economic shock with unprecedent impacts on people’s health, nutrition and livelihoods. As a result of the pandemic, Africa is likely to experience negative economic growth primarily as a result of the sharp decline in productivity, jobs and revenues.…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

AFREXIMBANK and International Islamic Trade Finance Corporation (ITFC) Partner with ARSO to Facilitate Intra-African Trade in Pharmaceuticals and Medical Devices, under the Umbrella of the AATB Program

The new initiative aims to harmonise African standards for pharmaceuticals and medical devices thereby enhancing intra-African trade, reducing substandard counterfeit products, and building resilient regional health systems

The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), have partnered with the African Organisation for Standardisation (ARSO), to launch a new Arab-Africa Trade Bridges Program (AATB) initiative called the Harmonisation of Standards for Pharmaceutical and Medical Devices in Africa, aimed at promoting the quality…

African Energy Chamber
Source: African Energy Chamber |

Senegalese President Macky Sall is right about African Debt Relief - and the G20 shouldn’t stop there (By NJ Ayuk)

The Senegalese leader urged members of the G20 group of countries to continue helping African nations balance their obligations to creditors with their obligations to their own citizens in the face of a deadly pandemic

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). “Flatten the curve.” Do you remember that phrase? It was on everyone’s lips back in the spring, when the novel coronavirus (COVID-19) pandemic began rampaging across the world in earnest. At the time, the idea was that the best way to…

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

Coronavirus - Africa: New ECA report calls on governments to harmonize trade & cross-border policies

The report recommends that African nations should cooperate and harmonize COVID-19 border regulations to reduce delays

The Economic Commission for Africa (ECA) on Thursday launched a new COVID-19 cross-border trade report urging governments on the continent to adopt and harmonize policies that will help continent strike an appropriate balance between curbing the spread of the virus and facilitating emergency and essential trade. Titled Facilitating cross-border trade through…

Source: Pan-African Private Sector Trade and Investment Committee (PAFTRAC) |

Pan-African Private Sector Trade and Investment Committee (PAFTRAC) challenges WTO to hear Africa’s voice

Agriculture subsidies and non-tariff barriers highlighted as a specific hindrance to development

Communiqué sets out a road map for WTO reform; Communiqué calls for development to be at the centre of WTO reform; Agriculture subsidies and non-tariff barriers highlighted as a specific hindrance to development. Following a meeting convened by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) and hosted by…

African Energy Chamber
Source: African Energy Chamber |

U.S. Export-Import Bank’s Sub-Saharan Africa Advisory Committee Shows Strong US Commitment to Africa

The Committee is composed of pro-investment and pro-business advisors who understand Africa and will be instrumental in growing the US-African cooperation

The latest appointment by the U.S. Export-Import Bank of its Sub-Saharan Advisory Committee for 2020 and 2021 confirms the renewed and increased appetite of US financial institutions for the continent. The Committee is composed of pro-investment and pro-business advisors who understand Africa and will be instrumental in growing the US-African…

Source: Pan-African Private Sector Trade and Investment Committee (PAFTRAC) |

African Private Sector upbeat about the future but demands fairer and more transparent Global Trading System

Over 70% of CEOs believe intra-africa trade will increase over the next 12 months

A survey of 200 CEOs was commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC), and conducted by African Business magazine in partnership with the Afreximbank. It revealed that: - African CEOs explicitly called for a fairer system governing global trade that will support developing countries - 37%…

Source: World Trade Organization (WTO) |

Coronavirus - Africa: Members to debate how Aid for Trade can address COVID-19 impact on developing countries

At the meeting, WTO members agreed to extend the period for implementing the current Aid for Trade work programme

An informal meeting of the Committee on Trade and Development dedicated to the Aid for Trade initiative will be held on 14 September to discuss how to take account of the trade and development challenges arising from the COVID-19 pandemic. WTO members will discuss how the WTO-led initiative can help…

Canon Central and North Africa (CCNA)
Source: Canon Central and North Africa (CCNA) |

New Canon cinema camera to be announced on Canon Vision – its virtual trade show platform launching 24th September

Visitors to Canon Vision will be able to learn more about the camera and explore Canon’s full range of Pro AV products and solutions

Canon (www.Canon.com) today announces it will reveal details of a new cinema camera on Canon Vision – a platform launching at 14:00 CEST on Thursday 24th September 2020, which reproduces the trade show environment virtually. Ideal for broadcasters, cinematographers, independent filmmakers, videographers and more, visitors to Canon Vision will be…

International Islamic Trade Finance Corporation (ITFC)
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    • Eng. Hani Salem Sonbol, CEO ITFC and Mr. Shojiro Mizoguchi, the Managing Director & CEO, Mizuho Bank (Malaysia)
    • Mr. Shojiro Mizoguchi, the Managing Director & CEO, Mizuho Bank(Malaysia), Eng. Hani Salem Sonbol, CEO ITFC, Mr. Hidekatsu Take, MEO Mizuho Ltd, Mr. Tsutomu Yamamoto EO Mizuho Ldt
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation and Mizuho Bank Malaysia Sign US$100 million Trade Financing Deal

This Line of financing for ITFC is the first with a Japanese bank and in line with its strategy of developing partnerships with banks around the world to help extend trade financing to member countries of the Organisation of Islamic Cooperation (OIC)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, signed a US$100 million Murabaha-structured line of trade finance with Mizuho Bank in Malaysia, a subsidiary of Mizuho Bank Japan. This financing will help ITFC extend its support to the member countries under its…