The United Bank for Africa (UBA) Group has restated its commitment to expanding its pan-African presence as it continues to grow beyond Nigerian borders. This came during the Group’s Half-Year …
AFCFTA
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AfricaBanking, Finance & InvestmentEconomyMarketsTechnology
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BusinessEconomyInfrastructureTrade and CommerceTransportation & Logisitics
High Cost of Road Transport Threatens AfCFTA Goals
The rising cost of transporting goods across West Africa is putting pressure on Nigerian exporters and casting doubt on the feasibility of the African Continental Free Trade Area (AfCFTA) agreement. …
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AfricaEconomyInternational RelationsINVESTMENTPoliticsTrade and Commerce
China Defends BRICS as AU Rallies Behind AfCFTA in Response to Trump’s Tariff Threat
Tensions are rising on the global economic stage as China has come out in defence of the BRICS alliance, saying the group is not seeking confrontation, following threats by former …
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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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Banking, Finance & InvestmentEconomyMarketsNewsNigeriaPoliciesTrade and Commerce
Standard Chartered Urges Africa to Leverage Regional Trade
Standard Chartered Bank Nigeria Limited has called on African countries to take advantage of emerging global trade shifts by strengthening regional value chains and reviewing their exposure to international markets. …
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BusinessDevelopmentEconomyNigeriaPoliciesTrade and Commerce
Buy Made in Nigeria Policy Violates AfCFTA Rules
The Nigeria Employers’ Consultative Association (NECA) has raised a strong alarm against the federal government’s “Buy Made in Nigeria Policy.” The policy, according to NECA, directly violates the protocols of …
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AgricultureEconomyFinance & ServicesKenyaManufacturingTrade and Commerce
Kenya’s Trade Deficit Narrows to Four‑Year Low as Export Gains Grow
Kenya recorded its lowest trade deficit in four years in the first quarter of 2025, helped by rising exports and falling fuel costs. The trade gap between imports and exports …
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AfricaBusinessDevelopmentEconomyINVESTMENTManufacturing
Nigeria Ranks 3rd in Africa’s Top 10 Manufacturing Powerhouses
Nigeria has been ranked third among Africa’s top ten manufacturing countries, according to a recent report by a leading business information platform for entrepreneurs and investors across the continent. The …
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AFRICA NEWSEconomyInfrastructureINVESTMENTNigeriaPolicies
Experts Advocate Strategic Partnerships, Investment to Bridge Africa’s Infrastructure Gap
LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …