The Japanese authorities have approved a loan of around 2 million US dollars for electrification in southern Angola, the president of the Japanese International Cooperation Agency, Tanaka Akihiko, said last week in Luanda. Tanaka Akihiko disclosed the information at the end of an audience granted to him by the Angolan Head of State João Lourenço …
Japan announces US$2M funding for electrification in Angola Read More »
East Africa’s economic outlook according to a recent survey is expected to be positive. This recent survey re-iterates the projections from a few sources, including the African Development Bank and the International Monetary Fund, both of which project growth in the East African region. The survey of CEOs reflects confidence in the subcontinent’s resiliency. Most …
The volume of intra-West African trade increased to 10 billion dollars Read More »
Dr. Rania El-Mashat, Minister of international cooperation and Governor of Egypt at the European bank for reconstruction and development, received representatives of the bank’s Board of directors, where the meeting witnessed a review of the results of the 6-day visit. The minister witnessed intensive meetings, visits and consultations of the board of directors with representatives …
Egypt cooperates with “European bank” to support investment Read More »
The United Arab Emirates and Kenya have concluded a comprehensive economic partnership agreement (CEPA), UAE Minister of Foreign Trade Thani Al Zeyoudi said last week. Kenya, East Africa’s largest economy, was one of the first African countries with which the UAE launched bilateral trade deal talks in 2022 as part of a strategy to diversify …
Kenya and UAE seal comprehensive economic partnership deal Read More »
Yemi Cardoso, governor of the apex bank, who took office in September 2023, announced these development following his chairing of the Monetary Policy Committee (MPC) meeting which ended on Tuesday. Since taking office, Cardoso has hinted at a shift toward orthodox policies, marking a departure from his predecessor Godwin Emefiele, whose tenure stifled capital inflows …
Nigeria’s central bank raises interest rate to 22.75% to tame inflation Read More »
In recent years, Angola has carried out profound reforms in the economic and social sector, through the signing of multiple agreements with various state institutions and bodies. Recently, the European Parliament approved the AFIS (Agreement for Facilitation of Sustainable Investment in Angola), negotiations ended in 2022 and the agreement was signed on November 17th 2023. …
EU parliament approves Angola sustainable investment Read More »
DURBAN: Africas, Reuters South Africa’s Cyril Ramaphosa stated that if the African National Congress (ANC) wins convincingly in the elections, it will build on the triumphs of the previous three decades and seek to address the country’s difficulties of high unemployment, crime, and poverty. At the unveiling of his party’s election manifesto in Durban, a …
South Africa’s ruling ANC promised a ‘better life’ Read More »
The Republic of Angola and the Republic of Côte d’Ivoire are aiming to boost bilateral agricultural relations in the short term, with emphasis on the value chains of cocoa and coffee production, which are mainly grown in the northern provinces of Angola. To this end, a delegation from the Ministry of Agriculture and Forestry, led …
Angola and Ivory Coast share experiences on cocoa and coffee production Read More »
Kenya and the United Arab Emirates (UAE) just inked a new deal. The UAE’s Minister of Foreign Trade Thani Al Zeyoudioth recently disclosed that both countries have signed a comprehensive economic partnership agreement (Cepa). The deal would help Kenya distribute its products across the Asian market, including the Middle Eastern section. A report by …
Kenya and the UAE forge comprehensive economic partnership agreement Read More »
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