IGAD Launches its Regional Trade Policy 2022-2026

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  The Intergovernmental Authority on Development (IGAD)  launched the IGAD Regional Trade Policy 2022-2026 in Nairobi on September 15, 2022. Representatives of IGAD Member States from Ministry of Trade and Heads of Chamber of…

PRESS RELEASE: TANZANIA TO HOST MAIDEN AfCFTA WOMEN AND YOUTH IN TRADE CONFERENCE

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The African Continental Free Trade Area (AfCFTA)Secretariat, under the auspices of the United Republic of Tanzania, will be convening the Inaugural AfCFTA Conference on Women and Youth in Trade from 12 – 14 September 2022, in Dar es Salaam. Women…

Central African republic freezes adoption of bitcoin

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The presidency of the CAR announced the country would adopt bitcoin on April 27. The move sparked a backlash from the region’s central bank, the BEAC, which manages the Central African CFA Franc, which is used by six countries: Cameroon, Central…

Afro-Caribbean trade could increase by $1bn in five years

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As delegates approached the inaugural AfriCaribbean Trade and Investment Forum (ACTIF) last week, the question on most people’s minds was: Where is the opportunity between the African continent and the Carribean? By the end of the three-day…

New boost for Arab-Africa trade?

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While there has always been a strong desire to boost Arab-Africa trade, the rhetoric has largely failed to match the delivery. Arab-Africa trade has been static at 17% of the continent’s total trade for the last seven years, with China…

Amazon opens new office in Johannesburg as cloud demand grows

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Tech giant Amazon's cloud computing arm, Amazon Web Services (AWS), has opened a new office in Johannesburg in South Africa. The office aims to support growing customer demand and South Africa's burgeoning cloud market and will provide a…

Sudan: new data reveals a sharp deterioration in food crisis, with nearly 12 million hungry people

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The Food and Agriculture Organization of the United Nations (FAO) warns about a looming food crisis in Sudan driven by the combined impacts of armed conflict, low production of key staple crops and economic turmoil. A multi-partner Integrated…

Zimbabwe National Chamber of Commerce – Change of Leadership Notice

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Zimbabwe National Chamber of Commerce have notified the change in leadership for the 2022-2023 tenure. Mr. Mike Kamungeremu is the new Chamber President taking over the leadership reigns from Dr. Tinashe Manzungu whose two-year term of…

Algeria, Niger & Nigeria move to next step on the Trans-Saharan Gas-Pipeline project

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Algerian, Nigerien and Nigerian Energy Ministers signed on Thursday a memorandum of understanding (MoU) for the construction of a 4,000 gas pipeline across the Sahara Desert that will supply Europe with additional gas, the Algerian news agency…

African Development Bank, African Continental Free Trade Area Secretariat, Sign $11 Million Institutional Support Grant Agreement

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The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package to enhance the Secretariat’s effective implementation. The…