The Onitsha River Port in Anambra State came alive earlier this month as it received its first barge for the 2025 operating season. The barge, named MV ZUPITOR/MV RB ALASKA, …
Trade & Investment,
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EconomyInfrastructureMaritimeTrade & Investment,TransportationTransportation & Logisitics
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BusinessEconomyInfrastructureMaritimeTrade & Investment,
Aisha Maina Secures $40m Afreximbank Deal for Deep-Water Port Linking Africa and Caribbean
Nigerian businesswoman and entrepreneur, Mrs Aisha Maina, has secured a $40 million investment backed by the African Export-Import Bank (Afreximbank) to develop a deep-water port in Basseterre, St Kitts & …
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ClimateEconomyGovernanceInternational RelationsPoliticsTrade & Investment,
Brazil to Fight US Tariffs at WTO – Lula
President of Brazil, Luiz Inácio Lula da Silva, has said his country will not fold its hands while the United States imposes what he called unfair tariffs on Brazilian goods. …
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AgricultureEconomyFinance & ServicesPoliciesRural DevelopmentTrade & Investment,
Ghana Hikes Cocoa Price to $5,040 Per Tonne for 2025/2026 Season
The Government of Ghana has approved a major increase in the producer price of cocoa, raising it from US$3,100 to US$5,040 per tonne for the upcoming 2025/2026 season. This is …
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AfricaEconomyInfrastructureTANZANIATrade & Investment,Transportation & Logisitics
Tanzania Opens Kwala Dry Port to Ease Cargo Congestion
Tanzania has officially launched operations at the new Kwala dry port located in Pwani Region, in a bold move aimed at easing heavy congestion at the Dar es Salaam seaport …
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AgricultureBusiness InsightsTrade & Investment,
Family Bank Gets $20m from UK Investor to Boost SME Trade Loans
Family Bank of Kenya has received a major financial boost of $20 million (approximately Sh2.6 billion) from British International Investment (BII), a UK-based development finance institution. The funding is aimed …
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BusinessEconomyInfrastructureManufacturingTrade & Investment,
Dangote Cement Posts N520.5bn Profit in H1 2025
Dangote Cement Plc, Africa’s largest cement producer, has recorded a massive N520.5 billion profit after tax for the first half of 2025, according to its unaudited financial results released to …
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Business and EconomyEconomyEmerging MarketsGlobal NewsTrade & Investment,U.S
US Tariffs, Economic Signals Shake Global Markets
Global financial markets started the new week in a cautious mood as investors prepare for a series of important economic reports from the United States and the rollout of new …