HARARE, ZIMBABWE — Zimbabwe and Zambia have signed a landmark Memorandum of Understanding (MoU) to develop a new cross-border pipeline for the transportation of refined petroleum products, marking a key …
Trade and Commerce
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DevelopmentEnergyInfrastructureSouthern AfricaTrade and CommerceTransportation & LogisiticsZAMBIA
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EconomyInternational RelationsPoliciesTrade and Commerce
US Warns Zimbabwe May Miss Tariff Relief Deadline Amid Trade Talks Delays
HARARE, ZIMBABWE — Hopes for Zimbabwe to secure lower tariffs on its exports to the United States could be dashed due to time constraints, despite a temporary suspension granted by …
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BusinessDevelopmentEconomyEnergyInfrastructureINVESTMENTPoliciesTrade and Commerce
Zimbabwe to Ban Export of Lithium Concentrate by 2027
HARARE, ZIMBABWE – The government of Zimbabwe has announced that it will stop all exports of lithium concentrate starting January 2027. This is part of its broader plan to boost …
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Banking, Finance & InvestmentDevelopmentEconomyInfrastructureINVESTMENTTrade and Commerce
Afreximbank Facilitates $32 Billion in Ethiopian Trade Payments in 2024
The African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform. …
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BusinessEconomyINVESTMENTPoliciesSouth AfricaTrade and Commerce
South African Business Confidence Improves Slightly in May Amid Strong Rand and Commodity Rally
Business confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry …
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Business and EconomyEconomyTrade and CommerceZIMBABWE
OK Zimbabwe Faces Deep Trouble as Food Lovers Market in Borrowdale, Set to Shut Down.
The planned closure of Food Lovers Market branches in Borrowdale and Avondale in Harare is raising fresh concerns over the future of OK Zimbabwe, the country’s largest retail group. The …
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DevelopmentEnergyINVESTMENTNigeriaTrade and Commerce
Nigeria-Vietnam Chamber Partners Vietnamese Firm to Promote Renewable Energy Solutions
The Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI) has announced a strategic collaboration with a Vietnamese Joint Stock Company focused on delivering sustainable renewable energy technologies, in a move aimed …
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BusinessInfrastructureINVESTMENTNigeriaTrade and Commerce
Nigerdock Welcomes Transocean Coatings FZE to Snake Island Integrated Free Zone
Nigerdock, the developers of Snake Island Integrated Free Zone (SIIFZ) in Lagos, have officially announced the establishment of Transocean Coatings FZE, a new affiliate of Transocean Coatings Nigeria Limited. The …
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ASIABusinessEconomyGlobal NewsNigeriaTrade and CommerceWestern Africa
CMA CGM to Begin $1,200 Peak Season Surcharge on Nigerian and West African
Global shipping company, CMA CGM, has announced that from June 15, 2025, it will begin charging a $1,200 Peak Season Surcharge (PSS) per twenty-foot equivalent unit (TEU) on all cargoes …
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AfricaEconomyLabourMarketsTrade and Commerce
Global Growth Slows to Lowest in 17 Years, Africa Faces Risks Amid Trade Tensions and Uncertainty.
The World Bank has reduced growth forecasts for nearly 70 percent of the world’s economies due to rising trade tensions and policy uncertainty. In its latest Global Economic Prospects report, …