A rolling reform process that started in Doha, and continued in Istanbul, is reshaping the Universal Postal Union for the 21st Century. The reform initiative reaches a crucial point in … Read More
The International Trade Centre’s (ITC) Supporting Indian Trade and Investment for Africa (SITA) project has implemented several initiatives over the past months including Rwanda’s first dried chilli export to India.
Heads of major companies from the United States that are on official tour in Addis Ababa said they will help and accelerate Ethiopia’s accession to the World Trade Organization (WTO).
The United States Secretary of Commerce Wilbur Ross is set to lead a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) on a fact-finding mission to … Read More
By Andualem Sisay Gessesse – A panel discussion held in Geneva, Switzerland, on Thursday morning discuss about the benefits of the African continental free trade for least developed countries.
Boosting intra-Africa trade is the most effective way to bring economic growth and development to the continent, says African Union Commission Deputy Chairperson, Ambassador Kwesi Quartey.
During the official opening of the 51st African Conference of Ministers responsible for economy development on Monday, Dr. Abiyi Ahmed, the Prime Minister of Ethiopia, said his country will ratify … Read More
By Omer Redi – The governments of Rwanda and Niger have joined Kenya and Ghana in ratifying the African Continental Free Trade Area AfCFTA Protocol.
Mogadishu is set to host a government-led conference to stop the illegal trade, and unsustainable production and use of charcoal in Somalia.
Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of … Read More
The United Nations Economic Commission for Africa (UNECA) applauds the signing of the African Continental Free Trade Area (CFTA) in Kigali, Rwanda.
By Andualem Sisay Gessesse – China and the United Arab Emirates (UAE) are the major sources of fake invoices importers in Ethiopia are using, says Ethiopian Revenue and Customs Authority … Read More
African Export-Import Bank (Afreximbank) signed a $100-Million agreement and a EUR 50-Million Murabaha agreement with a partner aiming to facilitate and finance exports amongst African countries and between Africa and … Read More
Africa’s trade balance has been deteriorating over the past five years from a surplus of $24 billion in 2012 to a deficit of $154.9 billion.
With the aim of strengthening the role of Djibouti in the regional trade, the 110 years old Chamber of Commerce of Djibouti hosted ‘Djibouti the gateway to Africa’, its first … Read More
By Andualem Sisay Gessesse – Djibouti, December 6, 2017 – The new Duraleh Multi-purpose Port of Djibouti, which began operation six months ago today announced up to 45% discount for freight forwarders who process … Read More
The African Development Bank (AfDB) has called for bold actions to improve connectivity, market access, and cost reduction in Africa’s aviation sector.
The UK has doubled the amount of export finance it is making available to support UK-Ethiopia bilateral trade, the British International Trade Secretary, Dr Liam Fox has announced.
Members of RENEW’s Impact Angel Network (IAN) are set to invest in the burgeoning logistics and e-commerce industries in Ethiopia.
Trade liberalization without enhanced production is a recipe for disaster, Economic Commission for Africa (ECA) Southern Africa regional director Said Adejumobi has observed.
African countries should lay far less emphasis on grants and aid in order to pull themselves out of poverty, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said … Read More
The African Export-Import Bank (Afreximbank) has embarked on a concept to transform its buildings into iconic business complexes with integrated one-stop trade services shop, the President, Dr. Benedict Oramah, announced in … Read More
The African Export-Import Bank (Afreximbank) has initiated its first–ever intervention in Tunisia with a 50-million Euro Global Trade Facility in favor of Loukil Group of Tunisia.
The government of Australia is contributing over AUD 1.4 million (CHF 1.1 million) to WTO trade-related programmes to help developing countries and in particular least-developed countries (LDCs) participate in multilateral … Read More