Kenya, South Africa apparel manufacturers to become super vendors
After marking its presence in 15 countries, ThreadSol is all set to explore the African apparel industry to transform manufacturers to super vendors.
Africa’s development partners price landmark $1 billion impact securitisation
The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a $1 billion synthetic securitization corresponding to a…
Blue economy fuels Africa’s economic growth
The UN Economic Commission for Africa (ECA) expressed its full support and commitment to assist Africa utilize its untapped blue economy potential, which can fuel the economic growth of the continent.
Mauritius urges African ministers to work for inclusive development
By Omer Redi– Mauritius, the most diversified economy in the continent, urges foreign ministers from different African countries to unite and work together as one and bring inclusive development to African people.
Ethiopia, Eritrea to establish joint special economic zones
As part of advancing regional economic integration, the leaders of Ethiopia and Eritrea signed an agreement to establish joint special economic zones.
Bill & Melinda Gates Foundation launches report on global poverty
The Bill & Melinda Gates Foundation today launched its second annual Goalkeepers Data Report, pointing to demographic trends that could stall unprecedented progress in reducing global poverty.
Over 30 people die in robbery, demonstration in Ethiopia
Five people have died on the streets of Addis Ababa on Monday during a demonstration, which followed the killings of over 25 people and robbery over the weekend in the neighboring Burayu…
Chad to finalize industrialization, economic diversification plan
The Government of Chad says it is finalizing work on the country’s Master Plan for Industrialization and Economic Diversification within the next six months.
Kenya to deepen African trade
Building up to the Inaugural Intra-African Trade Fair (IATF) the Export Promotion Council of Kenya (EPC) and the African Export – Import Bank (Afreximbank) discussed strategies to deepen Kenya – Africa trade.
U.S. provides $900 million to Africa, Asia, Latin America projects
The Overseas Private Investment Corporation (OPIC) of the United States government on Thursday approved $895 million in financing and political risk insurance across seven projects that will advance development in Africa, Asia…
Eco-labels drive developing countries’ trade
Eco-labels and Voluntary Sustainability Standards that uphold the sustainability of products from developing countries can be the key to unlocking new markets, according to a new United Nations report.
Africa Development Bank releases diagnose, fragility assessment tool
The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into account their capacities and pressures they may be under.
Abidjan to host electronic, video game festival
Representatives from ten countries are expected to gather in Abidjan for the electronic and video game festival of Abidjan (FEJA), the biggest eSport and video game event powered by Paradise Game.
A blueprint for Africa’s future cities
Firmly established as Africa’s most progressive business orientated jurisdiction, Mauritius’ forward-thinking and nimble policies have resulted in the island nation riding the wave to the centre of investment and development in Africa.