African Export-Import Bank (Afreximbank) has announced its collaborative effort with the Grand Africa Initiative (GAIN) through a grant aimed at facilitating the training of 300 young African entrepreneurs this month. A news report from APO Group indicated that the six-week training programme would focus on entrepreneurship and intra-African trade. The GAIN-Afreximbank Masterclass on Entrepreneurship and […]
The Nigerian Customs Service (NCS) has hinted of its plans to launch an electronic platform to streamline applications from importers, exporters and other stakeholders in the economy as part of its current moves to enhance transparency in its auctioning process. The Comptroller-General of NCS, Mr. Adewale Adeniyi, made this disclosure during a press conference on […]
The Deputy Chairperson of the Intra-African Trade Fair (IATF) 2023 Advisory Council and a former President of the African Export-Import Bank (Afreximbank), Jean-Louis Ekra, has said that commitment of African leaders to the implementation of the African Continental Free Trade Area (AfCFTA) agreement can break Africa’s colonial legacy of exporting raw materials and importing finished […]
TradeMark East Africa, one of the world’s leading aid for trade organisations, has today rebranded to TradeMark Africa (TMA) and simultaneously officially launched its West Africa operations. Founded in 2010 in Kenya, today marks TradeMark Africa expansion from its previous core operational area of East Africa and the Horn, to also support countries in West […]
Nigeria and Ghana’s Securities and Exchange Commissions have signed a renewed Memorandum of Understanding (MoU) in their joint efforts to strengthen market integration and create better opportunities for economic prosperity in the two countries and by extension, the West African subregion. Speaking during the signing ceremony in Accra at the weekend, Director General of the […]
Afreximbank, one of Pan-African multilateral financial institutions statutorily mandated to finance and promote intra-and extra-African trade, has disbursed $300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support its acquisition of a majority stake in Union Bank of Nigeria (UBN) plc. A statement issued by the Afreximbank’s Media Contact, Amadou Sall, on […]
The Nigerian Association of Small and Medium Enterprises (NASME) has advocated stronger synergy among stakeholders in the nation’s industrial space to ensure sustainable growth of millions of Micro Small and Medium Enterprises (MSMEs) in Africa. The National President of NASME, Dr Abdulrashid Yerima, who made the call on Tuesday at the virtual meeting organized to […]
The Deputy Secretary General of the United Nations (UN), Dr. Amina Mohammed, has said that Nigeria has a lot to gain from successful implementation of the African Continental Free Trade Area (AfCFTA) in view of the pact’s potential to improve the quality of goods and services and increase the nation’s competitiveness both in national and […]
The Chartered Institute of Bankers of Nigeria (CIBN) has charged banks and employees in the banking system to leverage more on technology to develop and deliver real time products and services to their increasingly growing and innovation-sensitive customers globally The President/Chairman of Council of the professional body, Dr. Bayo Olugbemi, gave the charge at the […]
The Centre for the Study of Economies of Africa (CSEA), a leading economic research organization, has listed some steps for government to take in order to translate the humongous tax incentives provided in the Finance Act 2020 for businesses to national economic benefits. Researchers at the Centre, in the just published Nigeria Economic Update 1 […]