• Afreximbank Launches Trade Payment Services

    African Export-Import Bank (Afreximbank) yesterday announced the commercial launch of the Afreximbank Trade Payment Services (AfPAY), an intervention created to make it easier for specific African financial institutions and their clients to settle international trade…
  • Partners of Africa’s CGP restate readiness

    The six partners of the Africa Co-Guarantee Platform (CGP) have reaffirmed vows to better leverage guarantee and insurance products, resulting in increased trade and investment across Africa, amid growing urgency for instruments to de-risk investment…
  • Jumia partners with Zipline on drone delivery

    Leading e-commerce company in Africa, Jumia has teamed up with international rapid delivery company Zipline to provide on-demand drone delivery services to the continent's expanding e-commerce competitors. This rollout follows a logistics service pilot phase…
  • Naira Under Pressure While MPC sets Rate

    On the black market, the naira plunged to another record low, averaging N722/$1 on Tuesday morning compared to N713/$1 in the previous trading session. According to the estimation and pricing of some black market FX…
  • TDB to support Seychelles’ economy

    Various sectors of the economy of Seychelles will be experiencing a transformation in the coming years as the Eastern and Southern Africa Trade Development Bank (TDB) commits to sponsoring multiple projects and development initiatives. Admassu Tadasse,…