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Cairo to host Afreximbank African trade center

Cairo to host Afreximbank African trade center

September 5, 2023

African Export-Import Bank has signed a formal agreement for the acquisition of land for the New Administrative Capital African Trade Centre (NAC-ATC), which will house the Bank’s headquarters, along with other trade-supporting…

Opportunities for African OPEC members

Opportunities for African OPEC members

September 1, 2023

By NJ Ayuk – In this article the writer argues that delayed organization of the Petroleum Exporting Countries (OPEC) cuts mean opportunity for African members. Quota-related decisions made at OPEC’s 35th meeting…

itel unveils S23+ smartphone in Ethiopia

itel unveils S23+ smartphone in Ethiopia

September 1, 2023

itel, one of the global consumer electronic products boasting excellent user experience, has officially announced the imminent arrival of its flagship curved screen smartphone, the itel S23+.

IFAD, Stanbic Bank to cut money transfer costs to Uganda

IFAD, Stanbic Bank to cut money transfer costs to Uganda

September 1, 2023

The UN’s International Fund for Agricultural Development (IFAD) and Stanbic Bank Uganda (SBU) today announced a partnership that will cut the cost incurred by Ugandan migrant workers sending money home in half…

Botswana growth to slow to 3.8 percent in 2023

Botswana growth to slow to 3.8 percent in 2023

August 31, 2023

The International Monetary Fund (IMF) says Botswana’s economic growth is expected to slow to 3.8 percent in 2023 from 5.8 percent in 2022 “due to the projected decline in diamond production and…

PhosAgro signs new collective bargaining agreements

PhosAgro signs new collective bargaining agreements

August 31, 2023

The Board of Directors of PJSC PhosAgro, one of the world’s leading producers of phosphate-based fertilizers, welcomed, at its meeting today, the signing of new collective bargaining agreements at all Group enterprises.

IMF report unveils Africa greatest climate change casualties

August 30, 2023

By Jihad Azour, Abebe Aemro Selassie – Climate change poses grave threats to countries across Africa—but especially fragile and conflict-affected states. As the continent’s leaders converge on Kenya for next week’s African…