Afreximbank
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    • Mrs. Helen Brume, Director, Project & Asset Finance (right) and Mr. Joseph Ilebode, Group Managing Director, JE Energy Limited (left), signing the agreement, witnessed by colleagues from both institutions
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Source: Afreximbank |

Afreximbank signs a $100 million Trade Finance Facility with JE Energy for the execution of Guyana crude oil export contracts

The facility is expected to help ensure that Guyana is able to trade internationally and to benefit from its natural resources while earning much needed foreign currency

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on November 5 in Cape Town, South Africa, signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favour of oil trader JE Energy Limited to support its contract implementation in the Republic of Guyana. Under the terms of the agreement signed on…

Source: East African Community (EAC) |

East African Community (EAC) Heads of State agree to Expedite Establishment of Political Federation

The EAC leaders further agreed on the need to fully operationalise the Customs Union and Common Market protocols to enhance intra-regional trade which is still relatively low

East African Community (EAC) Heads of State have agreed to hasten the establishment of the Political Federation, the fourth and ultimate stage in the EAC integration. The Summit of EAC Heads of State noted that the formation of a Federation had been agreed way back in 1963 by the EAC’s…

Source: Afreximbank |

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

African sub-sovereign governments are essential for realising the goals of the AfCFTA by promoting cross-border industrial clusters and trade partnerships that transcend national boundaries

WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the United Cities and Local Governments of Africa (UCLG Africa). HAVING deliberated on the theme…

African Development Bank Group (AfDB)
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    • The African Development Bank's 2024-2029 Country Strategy Paper for Ghana proposes innovative methods to accelerate agri-industrial transformation and increase support for the private sector
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Source: African Development Bank Group (AfDB) |

Ghana: African Development Bank's 2024-2029 Country Strategy Paper for Ghana prioritises support for industrialisation and sustainable transport infrastructure

As of 31 October 2024, the African Development Bank Group's active portfolio in Ghana comprised 23 projects, featuring total commitments of US$850 million

The main aim of the African Development Bank Group (www.AfDB.org) Country Strategy Paper (CSP) 2024-2029 for Ghana, approved by the Board of Directors on 6 November 2024, is to build a resilient and inclusive economy through private sector-led industrialisation. The CSP has set two priorities: industrialisation through private sector development…

African Development Bank Group (AfDB)
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    • Completion of the road project, supported by the African Development Fund, will boost trade between Senegal and Guinea, as well as with Mali
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Source: African Development Bank Group (AfDB) |

African Development Fund releases $81 million dollars for construction of road linking Guinea and Senegal to promote integration and trade

The loan from the concessional window of the African Development Bank Group consists of $41.47 million for Senegal and $39.46 million for Guinea

The Board of Directors of the African Development Fund (www.AfDB.org) approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and Mali in Guinea with Kédougou and Fongolembi in Senegal. The loan from the concessional window of the African Development…

Exness
Source: Exness |

Exness celebrates personal trading stories with its #BornToTrade User-Generated Campaign (UGC) Campaign

A judging panel will review the top entries per region and select the top three finalists based on their creativity

Exness (www.Exness.com), one of the world’s largest retail brokers, has announced the launch of its new social media initiative, forming part of its ongoing #BornToTrade campaign. This user-generated campaign (UGC) invites traders across Latin America, the Middle East, North Africa, and Sub-Saharan Africa to share their personal trading journeys and…

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

Economic Community of West African States (ECOWAS) launches E-Certificate of Origin to Boost Intra-Regional Trade and Promote Regional Integration in West Africa

With the proliferation of free trade agreements and the attendant provision of tariff preferences to eligible goods, the determination and certification of origin of goods in international trade is very critical

The ECOWAS Commission has launched a digital Certificate of Origin as part of the Community’s deliberate and sustained efforts to boost intra-regional trade and promote regional integration in West Africa. The launch of the historic ECOWAS E-Certificate of Origin in Lagos, Nigeria on Monday, is the first by any regional…

VistaJet
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    • VistaJet Commits to Powering Trade and Investments in East and South Africa (1)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (2)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (3)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (4)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (5)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (6)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (7)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (8)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (9)
    • VistaJet Commits to Powering Trade and Investments in East and South Africa (10)
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Source: VistaJet |

VistaJet Commits to Powering Trade and Investments in East and South Africa

Leading Business Aviation Company Invested in Connecting Global Investments to Regional Opportunities

VistaJet (www.VistaJet.com/), the world's first and only global business aviation company, has reaffirmed its long-standing commitment to connecting the international investor community with markets in East and South Africa. This commitment was highlighted during its VistaJet East and South Africa Static Display Roadshow. Given their status as leading centers for…

Source: International Trade Centre |

Enhanced Access to Finance: Micro, Small and Medium Enterprises (MSME) Financing Gateway launched in Tanzania

The MSME Financing Gateway is a digital platform that will improve access to finance and business development services for MSMEs across Tanzania

In a significant step towards strengthening financial inclusion and economic empowerment, the MSME Financing Gateway was officially launched at a ceremony held in Dar es Salaam. The Tanzania Bankers Association (TBA) in collaboration with the International Trade Centre, (ITC) through the second phase of the European Union (EU) funded, EU-East African Community (EAC) Market…

Afreximbank
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    • H.E. Dr. William Samoei Ruto, President of Kenya (front row, centre) and Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank (4th right, front row) together with leaders of Sub-Sovereign governments from Kenya and other African countries during the 4th AfSNET conference, hosted in Kisumu City, Kenya
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Source: Afreximbank |

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Africa’s Sub-Sovereign governments, comprising states, counties, provinces, municipalities and regional authorities, play a critical role in economic development of African countries

Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how their…