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CANEX WKND 2024 Kicks Off in Algiers: A Celebration of African Creativity and Cultural Industries

Algiers, October 2024 – The CANEX WKND 2024 has officially commenced in Algiers, bringing together key players from Africa’s Creative and Cultural Industries (CCIs) for a dynamic four-day event. With a focus on empowering Africa’s creative economy, the event is set to feature vibrant discussions, exciting performances, and significant business networking opportunities, all under the […]

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Afreximbank to Double Intra-African Trade Financing to $40 Billion by 2026

Afreximbank has announced its ambitious goal to double its financing for intra-African trade to $40 billion by 2026. This initiative is part of the bank’s broader strategy to enhance economic integration across the continent by increasing support for trade activities among African nations. The plan was unveiled by Afreximbank’s President, Prof. Benedict Oramah, during the […]

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African Development Bank to Boost Clean Cooking Investments Across Africa

The African Development Bank (AfDB) has committed to enhancing its investments in clean cooking initiatives across Africa. This strategic move aims to tackle the health and environmental challenges posed by traditional cooking methods. By promoting clean cooking technologies, the AfDB seeks to reduce indoor air pollution and deforestation, thereby improving the quality of life for […]

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Afreximbank Announces Second Edition of CANEX Shorts Film Competition

Cairo, 9 July 2024 – The African Export-Import Bank (Afreximbank), through its Creative Africa Nexus (CANEX) programme, is excited to announce the second edition of CANEX Shorts, a dynamic short film competition aimed at celebrating the talents of young African creatives. CANEX Shorts is designed to recognize and honor young filmmakers. Winners will have their […]

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Afreximbank Academy to Host Training Programme on AfCFTA Benefits

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 […]

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Building a Future: The Role of Education in African Trade Development – Highlights from the African Trade Report 2024

The African Trade Report 2024, published by the African Export-Import Bank (Afreximbank), highlights the integral role of education in the continent’s trade development. The report provides a comprehensive analysis of how educational improvements can drive economic growth, enhance trade efficiency, and support the implementation of the African Continental Free Trade Area (AfCFTA). It underscores the […]

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Leveraging Technology for Trade Efficiency in Africa – Highlights from the African Trade Report 2024

The 2024 African Trade Report highlights the role of technology in enhancing trade efficiency and economic integration in Africa. The report discusses the implementation of the Pan-African Payments and Settlement System (PAPSS), which facilitates seamless transactions across the continent, reducing trade barriers and fostering economic growth. Additionally, the report emphasizes the potential of digital platforms […]

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African Youth Must Play a Central Role in Building the Continent – Gabriel Edgal

Bahamas, June 14, 2024 Africa’s youth must take an active role in shaping the continent’s future, urged Mr. Gabriel Edgal, Chairman and Group CEO of Oakwood Green Africa. Speaking during the 31st Afreximbank Annual Meetings 2024 (AAM2024) in the Bahamas, Mr. Edgal highlighted the critical need for young Africans to be involved in decision-making processes […]

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The Climate Implications of AfCFTA Implementation

The 2024 African Trade Report, published by the African Export-Import Bank (Afreximbank), delves into the climate implications of the African Continental Free Trade Area (AfCFTA). The report underscores the significant threats climate change poses to African economies, highlighting that abrupt decarbonisation could erode African GDP by 1% and merchandise exports by 14.6%. The AfCFTA, by […]

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Afreximbank, FEDA, and Viola Davis’ JVL Media Partner to Elevate African Film and Publishing

A landmark partnership has been announced between Afreximbank, the Fund for Export Development in Africa (FEDA), and JVL Media. This collaboration, solidified through a Memorandum of Intent signed by the renowned actress Viola Davis, aims to advance the publishing industry and develop Africa’s film value chain. The initiative, part of the Creative Africa Nexus Programme, […]

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