Browsing: Business & Trade
The African Development Bank notes sustained sluggishness in South Africa’s economy and adjust growth projections downwards.
The Addis-Djibouti corridor will be upgraded as The Horn of Africa Initiative’s Regional Economic Corridor Project receives USD 730 million to transform key trade route.
The Executive Committee of The Arab-Africa Trade Bridges (AATB) Program has unveiled a USD 1.5 billion Food Security Program, aimed at combating food insecurity in the Arab and African regions amidst the ongoing global crisis.
Trade deficit increases as declining exports and decreased imports impact overall trade balance.
Tanzania has experienced a significant boost in its market base in Iran, with exports to the country increasing by 35% in the 2021/22 fiscal year.
EBRD and Bank of Africa collaborate to strengthen Morocco’s private sector through a €50 million credit line aimed at underserved businesses.
DIC opens its first office in South Africa to enhance bilateral trade and investment opportunities between Dubai and Johannesburg.
InstaShop, an online marketplace, sets sights on Egypt and the traditional trade and HORECA market with acquisition.
DP World launches wholesale e-commerce platform in Morocco to enable cross-border trade through international partners.
Strategic logistics and commercial hubs in the Kafr El-Sheikh governorate will aim to support trade and business and to reduce costs.