The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
Trade
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BankingEconomyRegional IntegrationTradeTransportation & Logisitics
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The Nigeria Customs Service (NCS) has announced the shortlist of 286,697 candidates who will proceed to the next stage of its ongoing recruitment exercise. The shortlisted applicants are expected to …
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EconomyGovernanceMaritimeNigeriaTrade
Emmanuel Osoba Takes Over Apapa Customs Command, Calls for Stakeholders
The new Customs Area Controller of the Apapa Command of the Nigeria Customs Service, Comptroller Emmanuel Osoba, has said the Command is at a critical stage in its ongoing modernisation …
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AfricaBankingBusiness UpdatesCommoditiesEconomyFinanceInternationalTrade
Egypt’s Foreign Reserves Rise to $49.25 Billion
The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …
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AgricultureDevelopmentFood SecurityINVESTMENTTrade
Zimbabwe Launches $1.4 Billion Agricultural Investment to Boost Key Value Chains
Zimbabwe has unveiled a massive agricultural investment package worth $1.4 billion, a bold step the government says will transform the sector and secure the country’s place in global food markets. …
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BusinessEconomyEnergyGOVERNMENTTrade
IPMAN Urges NNPC to Pay N25bn Outstanding Petroleum Equalisation Funds
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Nigerian National Petroleum Company Limited (NNPC Ltd) to settle outstanding petroleum equalisation funds and clear pending product loading …
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AfricaBusinessEnergyINVESTMENTOil & GasTrade
Africa’s Biggest Energy, Oil and Gas Summit to Hold in Namibia October 2025
The International African Energy, Oil and Gas Summit (IAEOGS) will return to Windhoek, Namibia, from October 6 to 9, 2025, for its fourth edition. The organisers say the summit has …
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GovernanceInternational RelationsRegional EconomyTrade
Volta Investment Summit to Tackle Accra-Centred Investments in Ghana
Ghana’s investment profile in 2024 has revealed a clear imbalance, with the bulk of projects concentrated in the Greater Accra Region. Out of 140 registered projects last year, 115 were …
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BusinessEconomyEnergyOil & GasPoliciesTrade
Dangote Refinery Exports Petrol to US as Marketers Still Depend on Imports
by Joy Radarrby Joy RadarrThe Dangote Petroleum Refinery has exported its first shipment of Premium Motor Spirit (PMS), also known as petrol, to the United States, even as Nigerian fuel marketers continue to rely …
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Uganda Equity Bank in Fort Portal has renewed its promise to empower small and medium-sized enterprises (SMEs), describing them as the backbone of Uganda’s economy and a vital driver of …