African Energy Chamber
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    • iGas, Companhia Mocambiçana de Gasoduto (CMG) Acquire Republic of Mozambique Pipeline Company (ROMPCO) Pipeline Interest, Advancing Long-Term Gas Trade in Southern Africa (Image Source: iGas)
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Source: African Energy Chamber |

iGas, Companhia Mocambiçana de Gasoduto (CMG) Acquire Republic of Mozambique Pipeline Company (ROMPCO) Pipeline Interest, Advancing Long-Term Gas Trade in Southern Africa

The acquisition will see South Africa’s iGas and Mozambique’s CMG hold 40% equity shares in the pipeline

As South Africa enters stage six load shedding, integrated energy and chemical company, Sasol, has announced that South African gas development company, iGas and Mozambique’s Companhia Mocambiçana de Gasoduto (CMG) have exercised their pre-emptive rights to acquire a combined 30% equity interest in the Republic of Mozambique Pipeline Company (ROMPCO)…

Source: U.S. Agency for International Development (USAID) |

Administrator Samantha Power Meets with President Hakainde Hichilema, Youth Leaders and Cabinet Ministers in Lusaka, and Visits Good Nature Agro Company

USAID Announces Robust Targets to Advance President Biden’s PREPARE Climate Initiative

On the second day of her visit to Zambia, Administrator Power visited Good Nature Agro Company (GNA), one of Zambia's largest legume seed suppliers and exporters. The Administrator toured GNA’s seed warehouse and spoke with staff and food security experts about how private-sector partnerships support Zambia’s agriculture sector and help…

Energy Capital & Power
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    • H.E. Gabriel Mbaga Obiang Lima, Minister of Hydrocarbons of the Republic of Equatorial Guinea at the 2021 Angola Oil and Gas Summit
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Source: Energy Capital & Power |

Gabriel Mbaga Obiang Lima to Drive Gas Monetization, Just Transition Dialogue at MSGBC Oil, Gas & Power 2022

Confirming his attendance and participation at the region’s official energy conference, the Minister of Mines and Hydrocarbons of Equatorial Guinea will be coming to Dakar this September to drive discussions on natural gas and its role in Africa’s just transition

With the MSGBC gas rush consolidating the role that natural gas will play in Africa’s energy future, Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) is proud to announce the attendance of Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, at the region’s official energy conference, MSGBC Oil,…

International Trade Centre
Source: International Trade Centre |

Guinea Eases Cross-border Trade

The ITC-trained officers will assist small-scale traders, in particular women and youth, to manage cross-border trade operations across Guinea, Sierra Leone, and Liberia

As part of the United Nations Multi-Partner Migration Trust Fund (MPTF), the International Trade Centre (ITC) inaugurated in May 2022 the very first Trade Information and Border Assistance Office in Guéckédou, Guinea at the border with Sierra Leone and Liberia (see related news on the overall initiative of the Trust Fund in…

Source: Ecobank |

Ecobank named Best Trade Finance Bank in West Africa

Global Trade Review’s judges took account of Ecobank’s full suite of trade products, services, impact and performance across Structured Trade and Commodities Finance, Supply Chain Financing and digital trade channels

Ecobank (www.Ecobank.com), the leading Pan-African Banking Group, has been named ‘Best Trade Finance Bank in West Africa’ at the prestigious Global Trade Review’s Leaders in Trade awards. The award comes as recognition of Ecobank’s solutions for domestic and regional supply chain financing across key trade corridors as well as the…

Source: Food and Agriculture Organization (FAO) |

UN report: Reducing trade costs can help drive sustainable development

FAO’s State of Agricultural Commodity Markets examines ways to enhance the contribution of trade to food security, resilience and environmental goals

A robust and well-integrated global agrifood system can help all countries withstand unprecedented challenges, as evidenced during the COVID-19 pandemic in early 2020 when global agrifood markets proved to be remarkably resilient. “We are committed to working together”, wrote QU Dongyu, Director-General of the Food and Agriculture Organization of the…

African Development Bank Group (AfDB)
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    • The support of the African Development Bank to ECOWAS will improve access to energy in the 15 countries of the West African region.
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Source: African Development Bank Group (AfDB) |

ECOWAS: African Development Fund Approves $2 Million Technical Grant to Boost Electricity Reforms

The grant from the African Development Fund will go to the ECOWAS Regional Electricity Regulatory Authority

The Board of Directors of the African Development Fund (https://bit.ly/3HXs6GI) on 24 June approved a technical assistance grant of $2 million to fund research that will contribute to electricity reforms in the Economic Community of West African States (ECOWAS). The grant from the African Development Fund — the concessional window…

Source: Economic Community of West African States (ECOWAS) |

ECOWAS Regional Experts Meet on The Draft ECOWAS Common Schedule of Specific Commitments on Trade in Services for the African Continental Free Trade Area (AfCFTA)

The Regional meeting was preceded by a 3-day ECOWAS Commission Internal Technical Working Group (TWG) meeting on Trade in Services

The Eight (8th) Regional Meeting on the Trade in Services Protocol under the African Continental Free Trade Area (AfCFTA), was held virtually on 17th June 2022. The Regional meeting was preceded by a 3-day ECOWAS Commission Internal Technical Working Group (TWG) meeting on Trade in Services to consider the AfCFTA verification reports for…

Nomanini
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    • First retailer in Tanzania, Mr Felix, taking out a stock advance to pay for a supplier payment via StockNow (1)
    • First retailer in Tanzania, Mr Felix, taking out a stock advance to pay for a supplier payment via StockNow (2)
    • First retailer in Tanzania, Mr Felix, taking out a stock advance to pay for a supplier payment via StockNow (3)
    • First retailer in Tanzania, Mr Felix, taking out a stock advance to pay for a supplier payment via StockNow (4)
    • Nestlé stockist selling Nestlé products to retailers
    • Nestlé stockist selling products to retailers
    • Nestlé team and Nomanini team
    • Onboarding specialists in field conducting KYC review
    • Retailer going through the StockNow App
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Source: Nomanini |

Nomanini launches StockNow, a digital retailer solution, to bring affordable working capital to Africa’s informal retail markets

StockNow, an easy-to-use app for retailers developed by Nomanini, makes it possible for informal micro and small retailers to purchase stock digitally

Nomanini (https://Nomanini.com), a fast-growing fintech platform in Africa, has today announced the launch of a new supply chain finance solution called StockNow that connects FMCGs and financial service providers to serve Africa’s informal retailers at scale. StockNow, an easy-to-use app for retailers developed by Nomanini, makes it possible for informal micro…

Source: Embassy of the Republic of Belarus to the Arab Republic of Egypt |

On a Video Conference on Cooperation in the Sphere of Food Trade

More than 60 Belarusian and Egyptian authorities, organizations, enterprises and companies took part at the video conference

On June 21st, 2022 a video conference on the issues of development of Belarusian-Egyptian cooperation in the sphere of food trade was held. The event was organized by the National Center for Marketing and the Association of Egyptian Businessmen with the assistance of the Embassy of the Republic of Belarus…