Ghana and the United Kingdom (UK) have reached a consensus on a new trade agreement to provide duty free and quota free access, as well as preferential tariff reductions for both countries.
The consensus was reached after a video conference between Ghana’s Minister of Trade and Industry Alan Kyerematen, and...
The African Continental Free Trade Area (AfCFTA), which came into effect in January, could be a game changer in helping to lift the continent out of poverty and onto the path of long-term prosperity. The AfCFTA has the potential to accelerate and alter the composition of foreign direct investment...
African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate mining and leading fertilizer company which will support OCP Group’s expansion plans across Africa.
Prof. Benedict Oramah, President of Afreximbank, observed...
Leading discussions at the United Nations Security Council on challenges posed by increasing terrorism cum extremism and mechanism to eradicate the scourge across Africa, Mozambican President Filipe Jacinto Nyusi unreservedly shared his country's unique experiences, progressive approach and success story with the gathering in New York.
President Filipe Nyusi, who...
Cleopatra Ogharadukun, having spent most of her career in the financial services sector, reached a point where she longed for a fresh and meaningful endeavour.
"I knew I wanted to shift towards a role that creates social impact," she shares with thebftonline.com. About a year ago, she ventured into the...
Rwanda and Ghana have resolved to tighten bilateral relations with a broad, varied economic agenda at the core.
This week, the Minister of Foreign Affairs and International Cooperation of the Republic of Rwanda, Dr. Vincent Biruta travelled from Rwanda to Ghana to take part in a series of events that...
The World Bank plans to invest over US$5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to Djibouti.
World Bank Group President David Malpass announced the investment at the...
The African Export-Import Bank (Afreximbank) has signed an MoU with the United Arab Emirates (UAE) Trade Centre to promote the TRADAR Club solution in the market.
The Cooperation Agreement was signed between Afreximbank and the UAE Trade Centre on the side-lines of the Intra-African Trade Fair (IATF2023) Press Conference and...
Many African Countries such as Sudan, Ethiopia, Senegal, Zimbabwe, Egypt, Tunisia, Mali, Mozambique, Morocco, Mauritania, Niger, Eritrea, Algeria, Sudan, Benin, Rwanda, Chad, Kenya and Libya have been counted among thirty (30) countries globally that are facing threats of the effect of climate change.
It is reported that these countries are...