Africans visa-free movement discussed on sidelines of AU summit
On the sidelines of the 38th African Union Summit, African leaders discussed obstacles to the continent’s economic integration,…
Trade
China’s XTransfer, Ecobank to support Africa SME’s foreign trade
XTransfer, the world-leading and China’s B2B Cross-Border Trade Payment Platform, and Ecobank Group, the leading private pan-African financial…
Global services trade growth hits new highs
The World Trade Organization (WTO) says the third quarter of 2024 saw services exports rise by 16 percent…
Developing economies face tougher slog, World Bank says
Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century…
Africa advised to accelerate intra-continental trade
Africa – rich in critical minerals – is advised to accelerate intra-continental trade and harness its natural resources…
Global trade reaches new high in 2024
Global trade is set to reach a record $33 trillion in 2024, according to the latest Global Trade…
Ministers discuss LAPSSET Corridor program progress
The UN Economic Commission for Africa (ECA), in collaboration with the government of Kenya, recently hosted the fourth…
WTO invites participants to attend annual public forum
The World Trade Organization has invited participants from across the world to attend the annual WTO Public Form…
Afreximbank to double intra-African trade financing to $40 billion
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) plans to double its financing of intra-African trade from US$20 billion in 2021…
Global goods, commercial services trade reaches $30.4 trillion
BY YANET FANTAYE WOGAYEHU – The value of total goods and commercial services trade in 2023, at US$…
Transport conference set to unlock Sub-Saharan Africa’s potential
The Chartered Institute of Logistics and Transport’s branches in South Africa and Zimbabwe have announced their first-ever collaboration…
Annual Africa-Caribbean trade could reach $1.8 billion by 2028
Trade between Africa and the Caribbean could rise to $1.8 billion per year by 2028 if value addition,…
Global trade trends turned positive in the first quarter- UNCTAD
Global trade trends turned positive in the first quarter of 2024, with the value of trade in goods…
WTO, Afreximbank to leverage Africa’s unique resource endowment
Today, African Export-Import Bank signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify…
Somalian President discusses WTO accession, trade for peace program
The Chair of the Working Party on the Accession of Somalia, Ambassador Nina Tornberg of Sweden, met President…
WTO launches prize for gender equality in trade
The International Prize for Gender Equality in Trade of the World Trade Organization (WTO), launched by the Informal…
UNCTAD set to celebrate 60th anniversary
BY YANET FANTAYE WOGAYEHU – The 60th anniversary of UN Trade and Development (UNCTAD) will center on the…
Dubai World Trade Centre economic output reaches about $5 billion
Dubai World Trade Centre (DWTC), a global leader in the events and exhibitions industry, has once again demonstrated…
Cote d’Ivoire joins Arab-Africa Trade Bridges
The Arab Africa Trade Bridges Program (AATB) General Secretariat announced the Republic of Cote d’Ivoire as a new…
South Africa initiates dispute complaint regarding EU citrus fruit
South Africa has requested WTO dispute consultations with the European Union concerning certain aspects of the regime imposed…
WTO forecasts rebound in global trade
Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was…
USAID launches Africa trade desk
Today, Deputy Administrator Isobel Coleman announced the launch of the Africa Trade Desk, a signature trade platform from…
CGTN’s GSV: Asia’s vision for collaboration, global responsibility
“The center of gravity of global economic development is shifting to Asia. With the rapid rise of Southeast…
Africa Global Logistics officiates AGL Lobito Terminal operation
Africa Global Logistics (AGL), one of the logistics and port operators in Africa, officially launched the activities of…
International trade set to recover in 2024
After facing declines over several quarters, international trade is poised for a rebound in 2024, according to the…
UNCTAD announces first ever global supply chain forum
In a world facing unprecedented challenges, the Global Supply Chain Forum (GSCF) 2024 is set to provide a…
DP World expands freight forwarding in Sub-Saharan Africa
As part of its rapidly expanding end-to-end portfolio in sub-Saharan Africa, DP World now proudly operates 18 freight…
Enhancing logistics services in Ethiopia and beyond
As the world celebrates today’s international women’s day, March 8, New Business Ethiopia has conducted exclusive interview with…
MSC showcases innovative solutions for fresh produce industry
At the recent Fruit Logistica conference in Berlin, which took place recently, MSC, a world leader in container…
WTO 13th Ministerial Conference concludes in in Abu Dhabi
World Trade Organization (WTO) members concluded the 13th Ministerial Conference (MC13) in Abu Dhabi today with the adoption…