The High Commissioner of Zambia to Ghana, Richard Mwanza, has advocated for extensive trade among African countries to help create a single market and deepen economic integration of the continent, to help achieve objectives of the Africa Continental Free Trade Area (AfcFTA).
Mr. Mwanza made this call during a tour...
Nigeria will consider raising $2.5 billion through Eurobonds in the first quarter to refinance a portion of its domestic treasury bill portfolio at lower cost, the head of the Debt Management Office told Reuters last week Thursday.
Patience Oniha said the country will also try to get back into the...
United States officials, at least, are strategically moving to reset multi-dimensional relations with Africa after the last African Leaders’ Summit held in Washington. President Joseph Biden and Vice President Kamala Harris – in well-coordinated working agenda with the White House, the Department of African Affairs, and the U.S. Treasury...
There has been a call for Dubai to avail itself to support the development of Africa’s entrepreneurial eco-system, by helping the continent’s business leaders and entrepreneurs leapfrog developmental challenges.
This was the view of a panel of entrepreneurs who spoke during first day of the 4th Global Business Forum on...
The African Development Bank said on Tuesday it could consider an additional $400 million for Nigeria to support its growth and recovery efforts and was in talks with the government on how to help it reinvigorate Africa’s largest economy.
The bank had been in talks with Nigeria for around a...
Africa and China have had historic relations - from diplomatic relations to economic partnerships - dating back thousands of years. This can be traced way back to the ancient Chinese trade route known as the Silk Road during the 1st century BC to the mid-15th century. This was a...
The United States continues to claim that it is the true fighter for unity of the ‘free world’. But it is important to understand that such attempts are nothing more than a desire to further entrench the US’s leading role on top of ‘new world order’. Unfortunately, this has...
Five African Former Heads of State who attended the 7th African Leadership Forum in Accra last week, with the theme ‘Promoting Intra-African Trade to Unlock Agricultural Potential in Africa’, took time off their busy schedules to plant trees at the Kofi Annan International Peacekeeping Training Centre’s (KAIPTC) ‘Peace Garden’...
Kenya’s currency is expected to trade on the back foot against the U.S. dollar as Uganda’s firms and those of Nigeria, Tanzania and Zambia hold steady.
KENYA
The Kenyan shilling is seen under pressure this week from oil importers and some multinational companies buying dollars to meet their monthly obligations,...
The implementation of the African Continental Free Trade Area (AfCFTA) agreement starts today, January 1, 2021. This is after the agreement was postponed twice in 2020 due to the outbreak of the COVID-19 pandemic.
With its secretariat in Accra Ghana, the AfCFTA will create the largest free trade area in...