A large number of empty shipping containers now sit idle at Nigeria’s busiest ports, exposing deep problems in the country’s non-oil export trade. Findings from source revealed that ports in …
Trade and Commerce
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AgricultureManufacturingTrade and CommerceTransportation & Logisitics
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EconomyEnergyManufacturingPoliciesTrade and Commerce
Tinubu Push for End to Raw Exports as Nigeria Eyes Industrial Growth
Nigeria, Africa’s largest economy and most populous country, continues to export a large share of its mineral and agricultural resources in raw form despite having the potential to transform its …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTInfrastructureInternational RelationsKenyaTrade and Commerce
Equity Bank to Open UAE Office, Becomes First Kenyan Bank to Expand to the Middle East
Shareholders of Equity Group Holdings Plc have approved the bank’s plans to open a Representative Office in the United Arab Emirates (UAE), marking the first time a Kenyan lender will …
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Eastern AfricaEconomyFinance & ServicesINVESTMENTKenyaTrade and CommerceWestern Africa
Kenya’s M&A Deals Drop Sharply But Bigger Transactions Boost Total Value in 2024
Kenya recorded a significant drop in the number of mergers and acquisitions (M&A) deals in 2024, but the total value of those deals went up sharply, showing a shift in …
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AfricaAFRICA NEWSAgricultureBusiness and EconomyEastern AfricaEconomyMarketsNewsTrade and CommerceUGANDA
Uganda’s Coffee Exports Surge in May with Over 790,000 Bags Shipped
Uganda’s coffee exports surged in May 2025, buoyed by a successful main harvest in the Masaka and south-western regions, according to the latest report from the Uganda Coffee Development Authority …
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BusinessEconomyPoliciesTrade and Commerce
Stakeholders Push for Non-Oil Trade to Boost Nigeria’s Intra-African
Stakeholders in Nigeria’s trade sector are banking on the growth of non-oil exports to revitalise the country’s intra-African trade, despite a notable decline in export earnings to the continent. According …
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BusinessEconomyGOVERNMENTNigeriaPoliciesTrade and Commerce
Shettima Urges Private Sector to Support Economic Reforms
Vice President Kashim Shettima has called on the organised private sector in Nigeria to actively support the Federal Government’s ongoing policy reforms aimed at stabilising the economy, creating jobs, and …
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AfricaBanking, Finance & InvestmentDevelopmentEconomyFinance & ServicesPoliciesTrade and Commerce
Afreximbank flags fresh threats to Africa’s growth
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
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Digital EconomyEconomyFinance & ServicesInfrastructureINVESTMENTTrade and Commerce
AfCFTA Targets $712 Billion Digital Trade Market
Africa is preparing to enter a new phase of digital transformation through the African Continental Free Trade Area (AfCFTA), aiming to access a digital trade market worth $712 billion by …
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BusinessEconomyGOVERNMENTInternational RelationsINVESTMENTTrade and Commerce
Tinubu Targets China Market as Nigeria Eyes Net Export Status Within 5 Years
President Bola Ahmed Tinubu has said that Nigeria is now in a strategic position to become a net exporter to China within the next five years, following China’s recent decision …