Browsing: Africa

Maersk’s new Express service slashes maritime transit times between Italy and Tunisia to just 2 days and 7 hours, enabling faster movement of goods between Europe and North Africa.

At Davos, Ngozi Okonjo-Iweala, the WTO chief pointed to value addition, supply-chain diversification, and scale-up opportunities in textiles, digital trade, and services.

MAX raises $24m in equity and debt to expand EVs, battery swapping and clean energy infrastructure across West and Central Africa.

Agreement with Terminal Investment Limited and Maha Capital Partners targets higher capacity, new jobs, and an Africa–Europe–Middle East logistics role.

Tanzania’s external trade performance has shown notable strength, led by sharp increases in gold export receipts and supported by rising services receipts.

Africa’s largest fintech company, Flutterwave, has acquired open banking infrastructure startup Mono in an all-stock deal reportedly valued between $25 million and $40 million.

Intra-African trade has climbed to about Sh28.8 trillion (around $220.3 billion), signaling growing momentum in regional commerce. But experts warn that the African Continental Free Trade Area (AfCFTA) is still falling short of its intended on-the-ground impact, with implementation delays and persistent frictions limiting how fast deeper integration can move.

How Kenya’s exit from COMESA sugar safeguards opens the domestic market and shifts focus to competitiveness and integration.

DHL Express invests €300m in Africa, to expand air connectivity, strengthen logistics & support faster, more reliable trade flows.

The African Development Bank Group and Nedbank Group sign a landmark financing deal combining affordable housing finance with trade finance support to accelerate inclusive growth.