The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that Africa can no longer depend on foreign aid and concessional loans as rising debt costs …
Afreximbank has restated its strong commitment to increasing intra-African trade, supporting industrial growth, and strengthening value-chain development under the African Continental Free Trade Area. The bank said it will continue …
Dangote Industries Limited has announced its sponsorship of the 2025 Abuja International Trade Fair, reaffirming its role as a key player in Nigeria’s industrial growth and Africa’s economic development. The …
The Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA), Mr Oliver Alawuba, has described the Pan-African Payment and Settlement System (PAPSS) as Africa’s strategic response …
United Bank for Africa (UBA) Plc, one of the continent’s biggest financial institutions, has announced that its Artificial Intelligence (AI) chatbot, LEO, is now capable of performing cross-border payment transactions. …
Algeria is stepping up efforts to boost its share of trade with other African countries through the African Continental Free Trade Area (AfCFTA), with new strategies aimed at expanding regional …
The African Export-Import Bank (Afreximbank) has warned that Africa’s failure to trade effectively within itself is due to poor market intelligence, weak connectivity, and the absence of structured trade platforms. …
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 …
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 …
The Ethiopian government has declared strong interest in fully using the African Continental Free Trade Area (AfCFTA) to unlock new economic opportunities and improve the country’s trade performance. This comes …