Global e-commerce sales grew 13% in 2017, hitting an estimated $29 trillion, according to the latest numbers released today by the UN Conference on Trade and Development (UNCTAD).
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening regional integration, the country’s Prime Minister, Mostafa Madbouly said during a meeting in Cairo with a Bank delegation.
Following the recent decision of Ethiopian Government to liberalization its logistics sector, Bolloré Africa Logistics and CMA/CGM Group of France venture with two local logistics companies.
President Muse Bihi Abdi Somaliland and Ethiopia officials from Somali region laid a cornerstone for the construction of a highway that links Berbera Port with Ethiopia’s border tow Togochale.
The 2019 African Economic Outlook by the African Development Bank (AfDB) suggests five trade policy actions that can bring Africa’s total gains to 4.5% of its GDP, or $134 billion … Read More
Ethiopian Airlines gets gold prize as the top performing cargo transportation airline at the Customers Annual Meeting organized by Guangzhou Bayiun International Airport on 30th January 2019.
The Council of Minister of Ethiopia today approves the African Continental Free Trade Agreement (AfCFTA), which envisages creating the largest common market in the world.
Ethiopia earned export revenue of $1.21 billion in six months of the current Ethiopian fiscal year (July, 8, 2018 to January 7, 2019).
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the government company which has been in shipping business for over 54 years, says it has been deprived from transporting Ethiopia’s major … Read More
Africa gets $32.6 billion deals for power, manufacturing, oil and gas, financial services, logistics projects at the Intra-African Trade Fair (IATF) concluded in Cairo.
Mauritius has been ranked the most prepared country in Africa for shopping online, according to UNCTAD’s Business-to-Consumer (B2C) E-commerce Index for 2018.
A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord, but … Read More
The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s operations in Malawi, Mozambique and Zimbabwe.
With the aim of promoting Djibouti as investment and tourist destination, the second international Djibouti trade fair opens on Monday attracting some 310 exhibitors from different countries.
The government of Ethiopia needs to harmonize it financial rules and regulations with the rest of African countries in order to unlock intra-Africa trade potential, a UN offcial said.
African countries seeking to reduce the cost, time and complexity of interregional and international trade in goods will gather tomorrow for the First African Forum for National Trade Facilitation Committees … Read More
The signing of the African Continental Free Trade Agreement (AfCFTA) in March 2018 in Kigali set the stage for the integration of the African continent into a single market.
By Andualem Sisay Gessesse – Kigali, Rwanda – It has been eight months since 44 African countries subscribed to advance free movement of people and goods within the continent by … Read More