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Afreximbank Signs Facility Agreement to Boost Intra-African Trade and Investment

The African Export-Import Bank (Afreximbank) has signed a facility agreement lending 170 million dollars to an Egypt-based conglomerate, Orascom Investment Holding (OIH), to assist the company expand its pan-African activities. According to Prof. Benedict Oramah, Afreximbank’s President, in a statement signed by the bank’s Head of Media, Mr Obi Emekekwue, on Friday in Abuja said […]

African Energy Chamber and the Oil Industry Congratulates Equatorial Guinea’s Government on Setting Up One-Stop Shop

The African Energy Chamber  welcomes the improvement of Equatorial Guinea’s business environment via the establishment of a one-stop shop for setting up businesses in the country. “The implementation of Equatorial Guinea’s one-stop shop allows companies to set up a business in Equatorial Guinea in only one week, putting the country at par with global standards, […]

What Angola can learn from Nigeria by creating opportunities for marginal oil production

The Nigerian experience with marginal oil field development had measurable success, with 24 licenses awarded to 31 companies, some as sole operators and others as joint-ventures. With production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot its oil industry and propel economic development. However, those […]

African countries should emulate China’s investment in technology: Manchishi

Zambia and other African countries should emulate China for investing in technology, innovation and research, an expert said on Friday. Stephen Manchishi, a bio-scientist, said China’s investment in technology, innovation and research has helped to lift millions of its citizens out of poverty. The expert, who is also Next Einstein Forum ambassador, said China’s long history of […]

Chamber to focus on promoting Qatari products in Africa

In respect to the successful staging of ‘Made in Qatar’ in Oman last year, Qatar Chamber is studying plans to hold the exhibition in Africa and emerging countries, as well as other markets abroad to promote locally-manufactured products, a chamber official has said. Qatar Chamber board member Mohamed Ahmed Mohamed Ali al-Obaidli told the media the […]

Trends in Africa’s impact investment sector

A multitude of reports show that Africa is emerging as the hotbed of impact investing. Social impact investing is crowned as an attractive approach to international development hinged on the promise of long-term sustainability. This approach provides exciting opportunities to render Africa’s dreams into reality. Impact investing has transformed how philanthropy is activated by embracing collective […]

First China-Africa economic, trade expo set for June

China will hold the first China-Africa Economic and Trade Expo in Changsha, the capital city of Hunan Province from June 18-20. The fair, with an estimated display space of 50,000 square meters, will showcase economic and trade opportunities in China and Africa, the organizers said here Thursday. A signing ceremony for major economic and trade […]

Rwanda emerging as a key tech and investment hub in Africa

As South Africa, Kenya and Nigeria dominate the African tech ecosystem, Rwanda is slowly, yet assuredly, emerging as a key tech and investment hub with its ease of doing business. Partech Ventures’ 2017 report revealed that South Africa, Kenya and Nigeria accounted for 76% of total funding in 2017 and was the top three tech […]

The event Xperience Africa’ conference set for maiden edition this January

Registration has begun for the maiden edition of THE EVENT XPERIENCE AFRICA (TEXA) – a conference designed to bring together event professionals from around Nigeria and Africa which is set to begin in a few days. With the theme BE MORE…DO MORE…INSPIRING NEW FRONTIERS, the conference aims to discuss industry issues, growth opportunities and global trends in the […]

Japan, Rwanda to cooperate for Africa conference

Japanese Prime Minister Shinzo Abe and Rwandan President Paul Kagame have agreed that their countries will work together to ensure the success of an upcoming conference on African development. Following the summit meeting, Mr. Takayuki Miyashita, Ambassador of Japan to the Republic of Rwanda, and Hon. Dr. Richard Sezibera, Minister of Foreign Affairs and International […]

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