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Card image cap 04 Dec
Iron and steel industry to generate US$5billion in 10 years

The National Export Development Strategy (NEDS) has outlined plans to revive and boost the country’s underutilised iron and steel industry …
Card image cap 03 Dec
Wages downturn caused by COVID-19 – International Labour Organization states in reports.

A new report by the International Labour Organization (ILO) has found that monthly wages fell or grew more slowly in …
Card image cap 25 Nov
African Economic Research Consortium Set to Host a Virtual Plenary Session on COVID-19 Finance, Challenges, and Opportunities in Africa

African Economic Research Consortium (AERC) will host its 53rd Plenary Session on the theme on the “Impact ofCovid-19 Pandemic and Public Finance …
Card image cap 22 Nov
Nigeria Slides Into Worst Recession Since 1987, Second Under President Buhari’s Govt

Figures released by the National Bureau of Statistics on Saturday reveal that Nigeria is officially in a Recession. The nation …
Card image cap 22 Nov
Nigeria is the Fastest Growing Economy in Africa Despite Recession– UK Envoy

The United Kingdom Trade Envoy to Nigeria, Helen Grant, on Saturday said that Nigeria was the fastest growing economy in …
Card image cap 20 Nov
China-Middle East & North Africa (Morocco) International Trade Digital Expo Kicks Off In Beijing

The China-Middle East & North Africa (Morocco) International Trade Digital Expo, hosted by China Council for the Promotion of International …
Card image cap 20 Nov
CEMAC Records Significant Economic Success After Roundtable Discussion On Integration Projects

After two days spent in Paris meeting with representatives of the French Government, heads of community institutions, representatives of international …
Card image cap 18 Nov
Why Online Trading Is Becoming More Attractive In Africa

While the International Monetary Fund acknowledges the damaging recession effects of Covid-19 in Africa the economic outlook for the continent …
Card image cap 17 Nov
Inadequate Investment in Africa May Hinder Meeting UN’s SDG Deadline

A Standard Chartered (SC.com) survey conducted between July and August 2020, amongst a panel of the world’s top 300 investment …
Card image cap 17 Nov
Nigeria’s Inflation Hits 14.23% As Food Prices Increase

The National Bureau of Statistics on Monday November 16, released a data which revealed that Nigeria’s inflation rose to 14.23 percent, 0.52 percent …
Card image cap 12 Nov
Africa Need To Harness Her Natural Resources For Sustainable Development- African Development Bank

Africa should harness its natural resources to accelerate sustainable development, the African Development Bank’s (AfDB.org) Chief Economist and Vice President …
Card image cap 11 Nov
Why BEAC Needs To Reconsider New Forex Regulation to Save Jobs in Gabon, Cameroon, Republic of Congo, Equatorial Guinea, Central African Republic and Chad

On March 1st, 2019, a new Foreign Exchange Currency Regulation was adopted by the members of the Economic and Monetary …
Card image cap 01 Nov
Brazil prosecutors file appeal against BHP, Vale dam compensation deal

SAO PAULO (Reuters) – Brazilian federal prosecutors on Thursday filed a lawsuit contesting a compensation package for victims from a …
Card image cap 31 Oct
Mali: IMF Executive Board extends Immediate Debt Service Relief for another Six Months

Relief on debt service will free up scarce financial resources to continue strengthening the country’s medical care capacity and addressing …
Card image cap 26 Oct
Most EU members backs of Okonjo-Iweala for WTO Top Job – Report

Most EU capitals back former Nigerian finance minister Ngozi Okonjo-Iweala to lead the World Trade Organisation, sources said Monday, but …
Card image cap 21 Oct
Women’s job market participation stagnating at less than 50% for the past 25 years, finds UN report

No country has achieved gender equality, and violence against women and girls remains rampant globally Unpaid domestic and care work …
Card image cap 21 Oct
Now is the Time for Africa to fully develop and harness its Natural Gas Potential

This year in particular has more than ever shown the strong position the Chamber stands to play within Africa’s energy …
Card image cap 19 Oct
Mozambique can realize full benefits of Natural Gas Production

Last month, African Energy Chamber CEO and Executive Chairman NJ Ayuk made a case for Mozambique developing its natural gas …
Card image cap 13 Oct
Kenya tipped to escape recession on economic diversity

As the majority of countries fall into recession this year, Kenya has been tipped to escape contraction this year from …
Card image cap 13 Oct
Brazil’s Economy Faces ‘Exceptionally High’ Risks, IMF Says

(Bloomberg) — The International Monetary Fund said the Brazilian economy faces “exceptionally high and multifaceted” risks as it continues to …
Card image cap 09 Oct
African Development Bank Makes Pitch for Strategic Partnerships

At a webinar held Thursday by the Nordic-African Business Association (NABA), African Development Bank (AfDB.org) Vice President Solomon Quaynor made …
Card image cap 08 Oct
Consortium Calls for Measures to Support Trade Continuity in Sub-Saharan Africa

Bankers, interviewed for the Trade Finance ‘Pulse Check’, unanimously call for an urgent switch in the focus of support towards …
Card image cap 07 Oct
Renewables are Africa’s Path for a Green Recovery

Now is be the best time to move towards green economy. It is time to shift towards a more sustainable …
Card image cap 06 Oct
Jubilee field reaches 300 million barrel mark

Tullow Ghana Limited (TGL), operator of the Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields, has announced a significant milestone …
Card image cap 06 Oct
China Says Brazil’s Business Reputation Hinges on 5G Decision

Brazil’s upcoming decision on whether to allow Huawei Technologies Co. to supply technology to its future 5G network will help …
Card image cap 06 Oct
Investing in Africa – an Interview with John Nevergole

Investment opportunities in Africa are changing rapidly because of COVID-19. Small businesses are trying to stay afloat while investors try …
Card image cap 05 Oct
Brazil says privatizations will help save the environment

Brazil is framing its slow-moving privatization program as a way to protect forests and rivers following international investors’ mounting criticism …
Card image cap 02 Oct
South Africa to Unveil $1.8 Billion Infrastructure Project

The Bloomberg has reported that Cyril Ramaphosa, South Africa’s president, delivers a speech to investors at Bloomberg’s European headquarters in …
Card image cap 02 Oct
Chevron moves to reduce 25% workforce in Nigeria

Lagos — The Chevron Branch of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised an alarm …
Card image cap 01 Oct
Improving the Environment for Energy Companies in Africa – Group

Major topics of discussion were driven by regulations that are practical and sensible for the environment; the enhancement of technology, …
Card image cap 30 Sep
Mozambique President Named “Person of the Year” for 2020

H.E. Filipe Nyusi, President of Mozambique has been selected as Africa Oil & Power’s (AfricaOilandPower.com) “Person of the Year” for …
Card image cap 28 Sep
Brazilian investors seek for investment opportunities in Africa

SouthBridge Group (www.SouthBGroup.com) signed a Collaboration Agreement with The Brazil Africa Institute (https://IBRAF.org) (IBRAF). The Agreement was signed by Professor …
Card image cap 26 Sep
China’s BGI wins 1.5 million coronavirus test kit order from Ethiopia

The BGI factory, the first coronavirus test production facility in Ethiopia that opened earlier this month, is designed to be …
Card image cap 26 Sep
Digitization created more jobs in Ethiopia

The BRIDGES Programme, a five-year initiative to be implemented by First Consult in partnership with the Ethiopian Investment Commission with …
Card image cap 23 Sep
Germany advances as Major Player in Pan-African Trade and Investment

The Germany-Africa Business Forum (GABF), Africa Oil & Power and the African Energy Chamber co-hosted the webinar as part of …
Card image cap 23 Sep
SelectUSA and AIPEX Sign Cooperative Arrangement

SelectUSA, Global Markets, the International Trade Administration, and the United States Department of Commerce and the Angolan Trade and Investment …
Card image cap 22 Sep
Create Air Bridge Between London and New York

A potential air corridor between London and New York could allow Brits to travel to the city without having to …
Card image cap 20 Sep
Trump Agrees To TikTok-Oracle-Walmart Partnership

As a deadline loomed for TikTok to shut down its US operations, President Donald Trump said Saturday he has agreed …
Card image cap 18 Sep
The US Government is Investing in E-commerce Start-ups in Kenya and Uganda

Despite its ongoing struggles with poverty and epidemics, there is good news coming out of Africa these days. The US …
Card image cap 18 Sep
The US Versus Chinese Investment In Africa

The United States recently launched negotiations with Kenya for a free trade agreement. The talks are quite a turnaround. From …
Card image cap 18 Sep
Nigeria’s VP unveil Eko MSMEs Fashion Hub-1 Friday

Nigeria’s Vice President, Prof. Yemi Osinbajo will virtually unveil the Eko MSMEs Fashion Hub-1 on Friday in Ikeja, Lagos.Lagos State …
Card image cap 18 Sep
Ethiopia is demonetizing its economy with new currency

The Ethiopian government has unveiled a set of new bank notes as a part of its efforts to curb cash …
Card image cap 18 Sep
TikTok, WeChat to be banned from US app stores starting Sunday

Starting Sunday, downloads of the massively popular video app TikTok and the messaging app WeChat will be banned in the …
Card image cap 18 Sep
Statistical Service Confirms Ghana’s Economy Is Collapsing – Records

Ghana’s economy, recorded a negative 3.4 percent in growth for the second quarter of this year for the first time …
Card image cap 17 Sep
TAIVOS™ Lab Brings CAMON 16 Premier an Unparalleled Night Shot Experience

TECNO launched its latest CAMON 16 Premier at the event, which boasts an industry-first rear 64MP quad camera and a …
Card image cap 15 Sep
Despite COVID-19 pandemic, Africa still a prime investment destination, participants affirm at African Development Bank (AfDB) webinar for Asian audiences

The webinar noted that the policy recommendations of the African Economic Outlook Supplement could be regarded as important opportunities for …
Card image cap 12 Sep
African Private Sector upbeat about the future but demands fairer and more transparent Global Trading System

Over 70% of CEOs believe intra-africa trade will increase over the next 12 month A survey of 200 CEOs was …
Card image cap 05 Sep
TECNO Mobile Brings the Camera Phone Pioneer CAMON 16 Premier to Its Global GRAND Launch

It is the first time TECNO utilized AR technology to its grand launch in teaser session to bring the audience …

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