Latest breaking news and updates from across Africa.
LATEST NEWS
Afrobeats superstar Davido has taken a significant step towards promoting sustainable transportation in Africa by partnering with electric vehicle company Spiro. “What we launched in Abidjan was more than a product; it was a movement towards a greener Africa,” Davido shared on Instagram, highlighting the significance of the collaboration. Davido made this statement during the […]
AFRICA
Monrovia, Liberia – March 20, 2025 Liberian businesses and policymakers have been encouraged to leverage Intra-African trade opportunities to drive economic growth and industrialization. This call was made at the IATF 2025 Stakeholder & Business Engagement Session held on March 20, 2025, at the Royal Grand Hotel in Monrovia. The event was organized by Oakwood […]
AFRICA
21 March 2025 – Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) invites African publishers of trade books to apply for the second edition of the CANEX Book Factory Prize for Publishing in Africa. The initiative, developed in partnership with Narrative Landscape Press Limited, underscores the commitment of Afreximbank through the CANEX Book Factory […]
AFRICA
Jumia, Africa’s homegrown e-commerce giant, is preparing for a major expansion in 2024, despite fierce competition from Chinese retail disruptors like Temu and Shein. The company, which has long been seen as the “Amazon of Africa,” is betting on strategic growth, deeper localization, and improved cost efficiency to maintain its dominance. However, with Chinese platforms bringing their low-cost, high-volume business […]
AFRICA
Monrovia, Liberia – February 20, 2025 Oakwood Green Africa, in collaboration with the Intra-Africa Trade Fair (IATF) Secretariat of the African Export-Import Bank (Afreximbank) and in partnership with the Ministry of Commerce & Industry, Ministry of Finance & Development Planning, and the National Investment Commission, announce the 2025 IATF Stakeholder & Business Engagement Session, scheduled […]
AFRICA
Cairo, Egypt, 28 January 2025 – Afreximbank, in collaboration with African Union Commission and AfCFTA Secretariat, is excited to launch its new initiative the “African Research and Innovation Hub @IATF”, during the 4th Intra-African Trade Fair (IATF2025). The key objective is to boost academic research output and increase collaboration between academia, industry, and policy makers across Africa […]
BUSINESS
Afreximbank Academy to Host Training Programme on AfCFTA Benefits Date: 10 July 2024 The African Export-Import Bank (Afreximbank) is set to launch a capacity development program to empower African corporates to leverage the African Continental Free Trade Area (AfCFTA). The initiative, led by the Afreximbank Academy (AFRACAD) in collaboration with the AfCFTA Secretariat, will equip […]
LATEST NEWS
The African Export-Import Bank (Afreximbank) has successfully signed a USD 94 million syndicated senior debt facility agreement to finance the Takoradi Floating Dock project in Ghana. This landmark agreement marks a significant step in enhancing Ghana’s maritime infrastructure, ensuring the country can meet the growing demands of its shipping industry. Project Overview The Takoradi Floating […]