Mayor’s Private Sector Conference
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US Checkmates China in Africa by Bolstering Trade Ties
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In order to counter China in Africa, which has made inroads with investments and trade, the US sought to expand its influence by bolstering trade ties in the continent, writes Arianna Skibell in Politico. Biden administration is planning…
African Blocs Discuss Challenges to Realizing Single Currency Territories
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Africa’s main regional economic blocs say monetary unions will raise the value of trade and shield them from fluctuating exchange rates and are pushing to establish single currency territories.
Gathering in Nairobi under the African…
Rich Kenyans sit on Sh922bn in dollars as shilling weakens
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Wealthy Kenyans and firms had piled up a record Sh922 billion in dollars by last November as they sought to preserve the value of their bank deposits amid a depreciating shilling.
This is after they accumulated an extra Sh119.24 billion…
South Africa’s President Cyril Ramaphosa cancels Davos trip
News, News ArticleSouth African President Cyril Ramaphosa has scrapped plans to attend the World Economic Forum (WEF) in Davos because of the energy crisis affecting the country, his spokesman said on Sunday.
South Africa is experiencing record blackouts due…
Implementation of AfCFTA
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As a private Sector initiative started on 20th of January 2021 for the popularization of AfCFTA
The Africa Business Council is inviting you to light the Africa Trade Torch for implementation of AfCFTA
at the same time across our beloved…
Ghana extends Domestic Debt Exchange deadline for 3rd time
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Ghana has for the third time extended the deadline of the debt exchange programme to Jan. 31, Finance Minister Ken Ofori-Atta said on Monday.
The extension is to allow the government to build consensus while they engage with stakeholders’…
How ‘Fast Fashion’ Causes Environmental Havoc
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"Who are you wearing?" is the catchphrase at most red-carpet events. But how often do we take the time to consider the clothing industry's impact on sustainability and human rights? To answer that question, we need to ask: "Where does all…
SMEs key for Sudan’s ability to harness the AfCFTA
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The Economic Commission for Africa office for North Africa and the Sudanese ministry of Trade launched on 18 December in Khartoum a four day, joint workshop on Export Promotion and Access to Finance for the benefit of 50 Sudanese SME owners,…
Nigeria Restricts Cash Withdrawal to $44 a Week Per Individual
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Nigeria has officially restricted massive cash withdrawals from the bank beginning Monday the 9th January in an effort to cool off inflation.
Nigerians will only be allowed to withdraw 44 dollars per week per individual and $11,000 for…
The Pan African Chamber of Commerce and Industry Signed an MoU to Work in Collaboration With Asia African Chamber of Commerce and Industry
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The Pan African Chamber of Commerce and Industry signed Memorandum of Understanding to work in collaboration with Asia African Chamber of Commerce and Industry - Kenya.
PACCI is an independent, non-profit and non-partisan organization…