Features

The future of trade finance in sub-Saharan Africa amidst hard currency challenges

International Trade is conducted in the currencies of major economic powers, largely the US dollar, European Union Euro,…

EIB, CRDB Bank provide €540 million to support businesses in Tanzania

New investment by companies across Tanzania will benefit from EUR 540 million (TSh 1.3 trillion) of new financing…

Ghana: GOIL Plc records ¢123.8m profit in 2022; declares ¢0.056 dividend for shareholders

Oil Marketing Company, GOIL PLC improved its performance in 2022 by registering a profit of ¢123.89 million. This…

Ghana: Afreximbank launches Insurance subsidiary to support intra-African trade

The African Export-Import Bank (Afreximbank) has launched its wholly owned insurance management services subsidiary, AFREXInsure in Accra, with…

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Afreximbank urges export trading companies to drive African small and medium enterprises

The African Export-Import Bank has called on African countries to prioritize the development of public and private export…

Kenya to build nuclear power plan

Kenya aims to commence construction of its inaugural nuclear power plant in 2027, part of the country’s efforts…