One of the key mandates of the AfCFTA agreement is the promotion of industrial development through diversification and regional value chain development, agricultural development, and food security. This is imperative…
Curtain comes down at IATF 2021 in Durban- Deals worth US$36 billion recorded so far
Durban, 22 November 2021 – Deals worth $36 billion were recorded as of 21 November 2021 at the second Intra Africa Trade Fair (IATF 2021). IATF 2021 took place from 15…
Zimbabwean Companies Sign Deals worth over $188 Million With Afreximbank at IATF2021
Durban, 19 November 2021 – African Export-Import Bank (Afreximbank) has signed financing agreements with four Zimbabwean entities for a total of US$188,600,000. The deals, concluded during the second Intra-African Trade Fair…
Mark this year down in the history as the start of African trade
It’s been a long time in the making but what an incredibly positive way to usher in 2021, with Africa officially trading under the African Continental Free Trade Area (AfCFTA).…
Afreximbank announces $ 3 million grant for African countries
The African Import-Export Bank (Afreximbank) announced a donation of $ 3 million to support continental efforts to fight the COVID-19 pandemic. The president of Afreximbank, who made the announcement on…
COVID-19: Indian Govt bans export of all ventilators, sanitizers
In its efforts to fight the COVID-19 pandemic, Government has prohibited the export of all ventilators, including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing device.…
Namibia is first African country to export red meat to U.S. food franchises
America, a country of 50 states with a population of 327.2 million people, relies in part on domesticated animals such as cattle, pigs and poultry as sources of meat as…
Huge Export, Trade Opportunities For Africa
Africa can capitalise on international trade wars by stepping up its export capabilities, says NWU trade expert African countries have a lot to gain from a US-China trade war, with…
Morocco’s Attijariwafa bank gets $5 billion from China’s ExIm for Africa export fund
Morocco’s Attijariwafa Bank said on Friday it had agreed with State-owned Export-Import Bank of China (ExIm) to set up a 5 billion dollar fund to promote African exports to China…
EXIM Announces Reciprocal Co-Financing Agreement with Japan’s NEXI
he Export-Import Bank of the United States (EXIM) and Nippon Export and Investment Insurance of Japan (NEXI) announced today that they have completed a reciprocal co-financing agreement. EXIM and NEXI…