30-10-2014 23:52:00 | by: Administrator | hits: 29182847 | Tags:

[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
19-05-2022 | 12:14:00
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
DFC financing up to $1 billion for Gavi COVID-19 vaccine and ancillary supply purchase and delivery
19-05-2022 | 11:57:00
DFC and Gavi have partnered to create the COVAX Rapid Financing Facility, which will provide up to $1 billion to accelerate COVID-19 vaccine and ancillary supply purchase and delivery on behalf of developing countries participating in the COVAX Advance Market Commitment (COVAX AMC).
Ethiopia’s financial sector set for transformation with launch of FSD Ethiopia
19-05-2022 | 11:07:03
FSD Ethiopia was officially launched with funding from UKAid and the Bill & Melinda Gates Foundation, FSD Ethiopia will build on FSD Africa’s initial efforts to strengthen the country’s financial sector.
[Madagascar] BAD approuve une nouvelle stratégie d’intervention pour la période 2022-2026
18-05-2022 | 10:30:45
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé le Document de stratégie-pays pour la période 2022-2026 pour Madagascar, son nouveau cadre d'intervention pour la Grande île.
Orange returns to the Sustainability Bond market with a new €500 millions
16-05-2022 | 10:56:00
Orange successfully launched and priced a Sustainability Bond issue for a total amount of EUR 500 million to finance projects that fully reflect the Group’s ambitions in both the green and social fields.
[Ghana] Le président soutient le BAD pour accélérer le programme de transformation du continent
16-05-2022 | 08:44:00
Le président Akufo-Addo a exprimé son soutien ferme à une reconstitution significative du Fonds africain de développement, le guichet de financement concessionnel du Groupe de la Banque africaine de développement.
IFC partners with PNGX to deepen Papua New Guinea’s capital market
16-05-2022 | 08:09:00
IFC will work with PNGX Markets Limited to deepen the nation's capital market and boost access to long-term financing for companies in Papua New Guinea.
[Column] Mucai Kunyiha: Kenya’s budget must be informed by prevailing economic conditions
13-05-2022 | 14:07:00
At the heart of a nation’s prosperity is prudent public financial management, and this begins with a well-planned and balanced budget. 
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
13-05-2022 | 11:52:00
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
[Nigeria Business Week] Andrea Ayemoba: An economic overview for Q1
05-05-2022 | 13:39:00
As we have seen over time, when one sectors hits a low point, another is seen hitting high notes. Such is the situation as we’ve seen it lately.
[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum
28-04-2022 | 13:22:00
Instant loans, sometimes called digital loans, are gaining speed in the country and the telecom sector took some giant steps forward this week.
Gabon baisse de la TVA à 5 % sur certaines opérations
25-04-2022 | 08:34:00
Les taux de la TVA applicables au Gabon, jusqu’à ce nouvel exercice budgétaire 2022, étaient de 18% et 10%.
Le FMI revoit à la baisse sa prévision de croissance mondiale pour 2022
21-04-2022 | 11:53:00
FMI a revu à la baisse, mardi 19 avril 2022, sa prévision de croissance mondiale pour 2022. Celle-ci devrait s'établir à 3,6% alors qu'en janvier, l'institution prévoyait 4,4% pour l'année.
Norsad Capital rebranded
21-04-2022 | 09:09:00
The revised and refreshed Norsad brand aligns with its objective of powering growth across sub-Saharan Africa by providing tailor-made debt solutions to companies that are financially, socially and environmentally sustainable.
[Morocco] Prime Minister estimates 1.5% GDP growth in 2022
20-04-2022 | 13:22:50
Morocco’s GDP growth is seen averaging between 1.5% and 1.7% in 2022, down from the 3.2% that was predicted in the budget law.
African Development Bank Group to launch new Trust Fund for the circular economy
18-04-2022 | 10:18:40
AfDB has approved the establishment of a €4 million Africa Circular Economy Facility to drive integration of the circular economy into African efforts to achieve nationally defined contribution (NDC) targets.
Le Cameroun se prépare à participer à la mission économique de l'OIF
14-04-2022 | 10:48:00
Le Cameroun se prépare à participer à la mission économique de la Francophonie au Rwanda et au Gabon en juillet 2022.
AGRA signs MoU with USDA to improve food and agricultural systems for farmers
12-04-2022 | 15:46:10
​​​​​​​AGRA signed a Memorandum of Understanding (MOU) with the United States Department of Agriculture (USDA) to enhance the agricultural transformation in Africa to create jobs, boost trade, strengthen resilience, and transform economies.
[Column] Phyllis Wakiaga: Innovation in training key to economic growth
12-04-2022 | 12:56:00
Skills are integral to the continuity of any business, more so in the global economy. Specifically, competitive skills are key to industrializing our nation. T
[Column] Patrick Conroy and Mark Venables: Africa’s energy transition: Finding the right mix to drive economic prosperity
11-04-2022 | 14:32:30
While Africa is rich in renewable energy sources it must also lift nearly half-a-billion people out of poverty according to the United Nations.
Global development finance coalition commits over USD 5.5 billion for MSME financing in Africa
11-04-2022 | 13:17:00
DFIs committed to dedicate at least USD 4 billion of financing to micro, small and medium size entreprises (MSMEs) in Africa, between mid 2020 and end of 2021.
Les femmes dans les affaires
11-04-2022 | 11:52:00
La Facilité Investissements pour l’emploi lance une manifestation d’intérêt en Égypte, au Sénégal et en Tunisie.
[Zimbabwe] African Development Bank notes progress on arrears clearance
07-04-2022 | 13:57:29
African Development Bank officials and representatives of the Zimbabwe government met to discuss the nation’s arrears clearance and ongoing partnership between the southern African nation and the development institution.
Afreximbank launches trade finance for Africa to address the effects of the Ukrainian crisis
07-04-2022 | 10:27:00
Afreximbank launches 4 billion US dollar Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA).
Afreximbank lance un financement du commerce pour l’Afrique face aux effets de la Crise Ukrainienne
07-04-2022 | 10:18:00
Afreximbank lance un programme de financement du commerce de 4 milliards de dollars US pour l’Afrique afin de faire face aux effets de la Crise Ukrainienne (UKAFPA).
L’inclusion financière au cœur de la transformation économique en Afrique
31-03-2022 | 09:40:14
Bâtir des infrastructures solides, fiables et donnant confiance, une clé pour une inclusion financière véritable en Afrique.
Port en eau profonde de Kribi : les recettes douanières collectées ont été multipliées par 10 en 4 ans
31-03-2022 | 08:45:33
Entre 2018 et 2021, le montant total des recettes collectées par le secteur des douanes du Sud II, qui couvre le port en eau profonde de Kribi, s’est élevé à 300 milliards de FCFA.
la BEAC table sur un taux de croissance de 3,1% en 2022 grâce à la manne pétrolière
31-03-2022 | 08:33:15
Le Comité de Politique Monétaire (CPM) de la Banque des États de l’Afrique Centrale (BEAC), institut d’émission des pays de la CEMAC anticipe une embellie de la croissance économique en 2022.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
24-03-2022 | 14:13:00
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
South Africans should expect higher interest rates this week, say economists
22-03-2022 | 11:29:00
The South African Reserve Bank is likely to hike interest rates by a further 25 basis points this week to 4.25% in an attempt to slow inflation, say economists.
IFC, African and European partners launch alliance to support private sector growth in Africa
22-03-2022 | 11:11:00
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners today launched the Alliance for Entrepreneurship in Africa.
High cost of living takes a toll on Kenyans’ happiness, Index
21-03-2022 | 09:00:00
Kenya has dropped its happiness index to position 119th globally compared to the 86th position last year, coming in second place in the East African Region. 
[Nigeria Business Week] Andrea Ayemoba: Government, experts look to non-oil exports for economic recovery
17-03-2022 | 13:28:00
The math is really simple – a rise in fuel prices leads to a rise in price in everything on the market because it costs more to transport it.
[Egypt] Remittances show $1.9bn increase in 2021
15-03-2022 | 10:50:00
The Central Bank of Egypt has said that remittances from Egyptian expatriates increased by about 6.4% or $1.9bn during 2021.
[Nigeria Business Week] Andrea Ayemoba: Experts point toward startup management for local productivity
10-03-2022 | 12:25:00
Nigeria’s crown jewel, oil and gas, has been in a state of mild disrepair for several months now. There’s an ongoing fuel scarcity situation that is intensifying by the day and causing a ripple effect in every aspect of daily life.
Investors predict Africa's internet economy set to boom, survey
01-03-2022 | 11:15:00
Professional investors are forecasting strong growth in the value of Africa’s internet economy with mobile phones central to the expansion, new global research for blockchain-based mobile network operator World Mobile shows.
[Nigeria Business Week] Andrea Ayemoba: Domestic savings, capital formation meet infrastructure demands
24-02-2022 | 12:49:00
The Federal Government is taking huge strides to strengthen the infrastructure and agriculture industries in Nigeria.
[East Africa Business Week] Bob Koigi: Financial institutions bank on tech to bolster offerings
18-02-2022 | 14:42:31
East Africa financial institutions are betting on tech to boost their offerings, grow their customers’ portfolio and stay afloat in a competitive market.
IMF management completes second review of the staff-monitored program with Guinea Bissau
15-02-2022 | 21:55:53
IMF Management has approved the second review of Guinea Bissau’s Staff-Monitored Program (SMP), which supports the government’s program of reforms aimed at supporting macroeconomic stability and debt sustainability, strengthening social policies, and enhancing public governance.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
03-02-2022 | 12:04:00
There’s an ongoing comparison in Nigeria's status quo that is causing some rift – the national statistics and reports are showing a promising and stable economy, but the situation on-ground reflects a different reality.
[Nigeria Business Week] Andrea Ayemoba: 5G becomes national security policy, industries seek sustainability in technology
27-01-2022 | 13:04:00
The one thing the current global pandemic has unilaterally effected in all nations is a rearrangement of priorities, both for people and for governments. Survival elements – food and healthcare – have taken lead position.
Mastercard builds on its diversity commitment by joining pledge to accelerate gender balance in the UAE private sector
19-01-2022 | 09:41:00
As part of its ongoing commitment to advance diversity and gender balance across its own operations, the technology industry, and the wider ecosystem, Mastercard has jointly signed an official pledge to meaningfully advance gender balance in the UAE.
[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
13-01-2022 | 12:18:00
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
Afreximbank et la National Bank of Egypt s’engagent à stimuler les investissements dans le pays
12-01-2022 | 07:59:00
La Banque africaine d’Import-Export (Afreximbank) et la Banque nationale d’Égypte {National Bank of Egyp t– NBE} ont signé un protocole d’accord visant à promouvoir les flux commerciaux et d’investissement en Égypte.
Afreximbank and the National Bank of Egypt commit to drive investments and enhance trade in the country
12-01-2022 | 07:41:02
African Export-Import Bank (Afreximbank) and the National Bank of Egypt (NBE) have signed a Memorandum of Understanding (MOU) to promote trade and investment flows into Egypt.
L'AfDB accorde 70 millions de dollars pour renforcer les infrastructures socio-économiques au Congo
15-12-2021 | 11:19:00
Le Conseil d’administration du Groupe de la Banque africaine de développement a accordé un prêt de 70,04 millions de dollars américains à la République démocratique du Congo.
AfDB ups financial contribution for local content and job creation in Mozambique to $2.5 Million
17-11-2021 | 08:00:00
The African Development Bank Group has approved a grant of $1.5 million to Mozambique to boost the development of local content.
L'Union Africaine s'associe à APO Group pour repositionner l'Afrique à l'Expo 2020 de Dubaï
01-10-2021 | 09:18:00
Pour l'Afrique, c'est l'occasion de montrer au monde son vrai visage, notamment ses innovations, ses opportunités commerciales, son art, sa culture, son patrimoine et sa beauté naturelle
Lenovo announces new climate goals to reduce packaging and improve energy efficiency
01-09-2021 | 11:29:00
Today Lenovo is committing to new goals in the areas of climate change mitigation, circular economy and sustainable materials.
G20 compact with Africa reaffirms commitment to securing Africa’s recovery from Covid-19 pandemic
30-08-2021 | 08:41:00
Participants of a G20 Compact with Africa meeting assessed Africa’s progress in fighting the Covid-19 pandemic.
[Mauritanie] L'AfDB accorde dix millions d’euros à la BCI pour renforcer le rôle des PME dans la relance économique
19-07-2021 | 12:23:00
Le Conseil d'administration de la Banque africaine de développement (AfDB) a approuvé une ligne de crédit de dix millions d’euros à la Banque pour le Commerce et l’Industrie(BCI) de Mauritanie afin de renforcer ses activités de financement du commerce international en faveur des petites et moyennes entreprises dans des secteurs stratégiques.
African businesses prepare for Dubai Expo 2020
14-07-2021 | 12:45:00
As the world prepares for the Dubai Expo 2020, Africa is putting its best foot forward by ensuring its companies are well represented.
The Continental headquarters of the AeTrade group has been awarded to Rwanda
09-07-2021 | 11:53:00
The African Electronic Trade Group (A-eTrade Group) which also includes the African e-Commerce Development International, has accepted the offer of the Government of Rwanda to host the continental headquarters.
AKILIMO digital platform improves potato yields in Rwanda
05-07-2021 | 09:53:00
CIP, RAB, the International Institute of Tropical Agriculture (IITA) and the One Acre Fund have partnered to support and launch a digital platform called AKILIMO that helps farmers and extension workers develop tailored fertilizer recommendations. 
[Column] Victoria Epelle: The retail value chain and its ongoing counterfeit battle
03-06-2021 | 12:47:00
Counterfeit products have a presence across major industries in Nigeria. The impact of having these counterfeit products for manufacturers range from dwindling sales and failed customer loyalty schemes.
Daimler and Nokia sign patent licensing agreement
02-06-2021 | 00:07:00
Daimler and Nokia announced that they have signed a patent licensing agreement under which Nokia licenses mobile telecommunications technology to Daimler and receives payment in return.
Coventry University Group appoints Rwanda’s former education minister to lead its new Africa Hub
01-06-2021 | 23:40:00
Professor Silas Lwakabamba has been appointed to chair Coventry University's new Africa hub, an exciting journey to be part of an institution with great potential to make a difference for the African economies.
[Column] Brian Muguto: Is informal retail the real driver of Africa’s e-commerce future?
27-05-2021 | 09:11:00
In the informal e-commerce marketplace, buyers and sellers leverage social media platforms such as Facebook or WhatsApp. The platforms connect supply and demand but do not necessarily engage directly in the other aspects of online commerce.
[Kenya] Safaricom foundation sets aside kes 100 million for Ndoto Zetu initiative
24-05-2021 | 08:56:00
Safaricom Foundation has set aside KES 100 million for its Ndoto Zetu initiative which calls upon Kenyans to partner with the Foundation which will focus on the implementation of community projects in health, education and economic empowerment
[Egypt] Economy pandemic losses top $23.6b, eyeing 7% growth over next three years
28-04-2021 | 11:32:00
Egyptian economic losses arising from the pandemic have reached 370 billion Egyptian pounds ($23.6 billion).
[Nigeria] Microfinance Banks record 82% boom in lending in 2020
26-04-2021 | 10:15:00
Microfinance Banks in Nigeria recorded an 82% boost in lending rising from N300.2 billion in 2019 to N546.6 billion in 2020.
[Sudan] AfDB Group approves proposal to clear $413m arrears
26-04-2021 | 09:54:00
The Boards of Directors of the African Development Bank Group on Friday approved a proposal for the clearance of about $413 million in arrears on loans owed by Sudan to the institution.
[Burundi] TDB group unlocks funding for women-led small and medium enterprises via its SME program
23-04-2021 | 09:11:11
As part of its SME program, the Trade and Development Fund (TDF) of the Eastern and Southern African Trade and Development Bank (TDB) Group, has issued a 3-year BIF 500 million partial risk guarantee facility in favor of the Women’s Initiative for Self-Empowerment S.A. (WISE) in Burundi.
FAO and the African Union Commission launch a guide to help countries enter Africa's new single market
16-04-2021 | 12:04:37
The Food and Agriculture Organization of the United Nations (FAO) and the African Union Commission's Department of Agriculture, Rural Development, Blue Economy and Sustainable Development (AUC-DARBE) have launched a guide to boosting intra-African agricultural trade under the new African Continental Free Trade Area (AfCFTA) agreement.
[Column] Mokrane Sabri: Focusing on Africa’s growth and potential of the Blue Economy
09-04-2021 | 08:50:00
For years there have been numerous attempts to bring the continent together to create a continent-wide common market — a free trade area where all can benefit, but the attempts have yet to gain serious traction.
[Morocco] Heavy rainfall improves the productivity of agriculture and fruit exports
29-03-2021 | 11:48:12
The heavy rainfall Morocco has experienced in the last three months has had a “very positive impact” on the country’s 2020-21 agricultural season.
Free trade bloc can be a game changer for African people and business
29-03-2021 | 09:45:00
The success of the African Continental Free Trade Area (AfCFTA) hinges on the ability of African firms to understand and capitalize on the trade related opportunities offered by the AfCFTA
Morocco records rise in fruits and vegetable exports to UK post Brexit
24-03-2021 | 08:41:00
Moroccan exports of fruit and vegetables to the United Kingdom have grown exponentially, following the Union’s withdrawal from the EU.
Ghana set to raise $5bn on the international money market
15-03-2021 | 11:23:00
The Ghanaian government will soon carry out a new operation on the international capital market, the Finance Ministry has reported.
[Mali] AfDB grants emergency humanitarian aid of $ 150,000 to support internally displaced people
15-03-2021 | 07:45:51
The Board of Directors of the African Development Bank approved, a donation of 150,000 US dollars to support internally displaced persons (IDPs) in Bamako
Cameroon has signed an economic partnership agreement with the United Kingdom
10-03-2021 | 08:31:10
The trade deal, which will support jobs and build future prosperity, was signed by International Trade Minister Ranil Jayawardena and High Commissioner of Cameroon to the UK, H.E. Albert Fotabong Njoteh in London.
AfDB provides support for climate finance measures in West Africa
22-02-2021 | 07:57:32
The African Development Bank has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets.
[Column] Grace Goodrich: Driving deal making in Mozambique post-COVID-19
18-02-2021 | 07:24:49
While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis.
[Morocco] banned Bitcoin reaches $50K
17-02-2021 | 07:43:00
Cryptocurrency Bitcoin reaches an all-time high as Moroccan traders urge the government to end its longtime crypto ban.
World Bank: Is Morocco’s Budget Deficit ‘Under Control’?
15-02-2021 | 09:40:00
The coronavirus pandemic had a remarkable effect on Morocco’s economy, as with most countries around the world, so how is their economy now?
[Column] Pablo Mitogo: Why are companies in Equatorial Guinea spending money in times of crisis?
11-02-2021 | 07:32:00
The wave of chaos has also reached companies, especially in small economies such as Equatorial Guinea. Many companies have seen their volume of activity decrease drastically, with subsequent cost reductions. The question remains how does a company reduce costs without drowning the company?