Strategic investment in Africa’s ports accelerates growth
Africa needs to take advantage of the economic potential of its ports and shipping sector if it is…
Trade
UN agency applauds Africa free trade area deal signing
The United Nations Economic Commission for Africa (UNECA) applauds the signing of the African Continental Free Trade Area…
Ethiopia secures $1.6 billion additional revenue capturing fake invoices
By Andualem Sisay Gessesse – China and the United Arab Emirates (UAE) are the major sources of fake…
African Export-Import Bank finds partner to finance intra-Africa trade
African Export-Import Bank (Afreximbank) signed a $100-Million agreement and a EUR 50-Million Murabaha agreement with a partner aiming…
Africa’s trade balance deteriorates
Africa’s trade balance has been deteriorating over the past five years from a surplus of $24 billion in…
International trade fair highlights Djibouti’s role in regional trade
With the aim of strengthening the role of Djibouti in the regional trade, the 110 years old Chamber…
Djibouti cut port service fee for Ethiopia
By Andualem Sisay Gessesse – Djibouti, December 6, 2017 – The new Duraleh Multi-purpose Port of Djibouti, which…
African Development Bank calls for improved air connectivity
The African Development Bank (AfDB) has called for bold actions to improve connectivity, market access, and cost reduction…
UK to double trade support for Ethiopia
The UK has doubled the amount of export finance it is making available to support UK-Ethiopia bilateral trade,…
RENEW invests in logistics, e-commerce in Ethiopia
Members of RENEW’s Impact Angel Network (IAN) are set to invest in the burgeoning logistics and e-commerce industries…
Trade liberalization should go with enhanced production, UN agency says
Trade liberalization without enhanced production is a recipe for disaster, Economic Commission for Africa (ECA) Southern Africa regional…
Africa advised to avoid grants, aid
African countries should lay far less emphasis on grants and aid in order to pull themselves out of…
Afreximbank Develops African Trade Centers
The African Export-Import Bank (Afreximbank) has embarked on a concept to transform its buildings into iconic business complexes…
African trade bank provides 50 million Euro to Loukil Group of Tunisia
The African Export-Import Bank (Afreximbank) has initiated its first–ever intervention in Tunisia with a 50-million Euro Global Trade…
Australia helps developing countries participate in global trade
The government of Australia is contributing over AUD 1.4 million (CHF 1.1 million) to WTO trade-related programmes to…
UN agency, EU heads discuss Economic Partnership Agreements
The heads of United Nations Economic Commission for Africa (UNECA) and European Union (EU) agree to work towards…
Ethiopia Commodity Exchange’s coffee transaction doubles
Ethiopia Commodity Exchange (ECX) traded 33,528 tons of coffee, sesame and white pea beans worth 1.7 Billion birr…
Company introduces tyre protector gel to Ethiopian market
Tyre Protector Ethiopia, a private company, today introduces tubeless tyre protector gel to the market.
Ethiopian Airlines orders two 777 Boeing aircrafts
Ethiopian Airlines and Boeing announced a commitment to purchase two 777 Freighters at the 2017 Paris Air Show,…
Africa becoming center of global trade
Africa is increasingly moving to the center stage of global trade as its total trade tops $1 trillion…
African chambers of commerce discusses cross border trade
The Pan African Chamber of Commerce and Industry (PACCI) and the African Trade Policy Centre (ATPC) discussed ways…
WTO’s Trade Facilitation held inaugural meeting, elect chairperson
At its inaugural meeting WTO’s Committee on Trade Facilitation elected Ambassador Daniel Blockert (Sweden) as its chairperson.
WTO anticipates better global trade in the coming years
Economists at the World Trade Organisation (WTO) anticipate global trade growth to be between 2.1% and 4% while…
Ethiopia set to improve trade logistics efficiency
With the aim of increasing trade logistics efficiency in Ethiopia, the World Bank (WB) on Friday approved a…
African Development Bank finances African Export–Import Bank
The African Development Bank (AfDB) is set to provide $450 million to the African Import – Export Bank…
Morocco’s trade with Africa conjures promising prospects
Trade between Morocco and the rest of the continent has grown steadily in recent years (+ 20%, or…
Experts gather in Addis Ababa to discuss African free trade area
Experts from the Economic Commission for Africa (ECA) recently participated in the 5th meeting of the Continental Free…
African LDCs discuss trade strategies
The Ministry of Trade of Ethiopia and in collaboration with the United Nations Economic Commission for Africa (ECA)…
Mining Indaba discusses illicit financial flows from Africa
The African Minerals Development Centre (AMDC) will host a panel session during the Ministerial Session of Mining Indaba…
Canada’s progressive trade agenda starts in Africa – Opinion
By David Luke and Phil Rourke – OPINION The arrival of President-elect Donald Trump threw the Liberal Government’s…