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AfCFTA To Grow African Trade By $35bn

AfCFTA To Grow African Trade By $35bn   (AfCFTA), if successfully implemented, would increase intra-African trade by as much as $35 billion or 52 per cent yearly above the baseline by 2022, the Nigerian Shippers’ Council (NSC) said at the weekend. The Council’s Executive Secretary/Chief Executive Officer,...

To Enhance African Trade, Afreximbank Urges Infrastructure Upgrade

To Enhance African Trade, Afreximbank Urges Infrastructure Upgrade   Africa must urgently upgrade its maritime and logistic infrastructure in order to successfully promote the continent’s trade, especially intra-African trade, the African Export-Import Bank (Afreximbank), has said. In an address at the Africa Shipowners Summit in Seychelles recently,...

Afreximbank pledges $400m to promote African trade with Belarus

The sum of $400 million has been pledged by African Export-Import Bank (Afreximbank) to finance and promote trade between African countries and Belarus. A statement by Afreximbank quoted its President, Dr Benedict Oramah, as announcing the pledge when he met with Belarus officials and bankers...