Tag: intra-African trade

Nigeria’s PAPSS cross-border payments collapse 53% in H1 2025 as trade settlements slow

Business Damilola Bayonle -
Nigeria’s cross-border payment activity on the Pan-African Payment and Settlement System (PAPSS) fell sharply in the first half of...

Investiture of Dr. George Elombi, President of Afreximbank: AFRICA24 English Becomes Afreximbank TV

Business Damilola Bayonle -
CAIRO, Egypt, October 16, 2025 - The Investiture of Dr. George Elombi, President of Afreximbank, scheduled for October 24...

Afreximbank Trade Facilitation Programme: Afreximbank Allocates US$100 Million Line of Credit to NBS Bank Malawi

Business Damilola Bayonle -
ALGIERS, Algeria, October 1, 2025 – The African Export-Import Bank (Afreximbank) has announced a landmark move to strengthen Malawi’s...

Zimbabwe to Host IATF Headquarters as Trade Fair Transitions into Independent African Institution

Business Damilola Bayonle -
ALGIERS, Algeria / HARARE, Zimbabwe, September 26, 2025 - A historic milestone was announced at the Intra-African Trade Fair...

Afreximbank ITC Partnership Renewed to Boost Intra-African Trade and SME Competitiveness

Business Damilola Bayonle -
ALGIERS, Algeria, September 25, 2025 - The African Export-Import Bank (Afreximbank) and the International Trade Centre (ITC) have renewed...

Big boost ahead as OPSN backs IATF 2027 for Nigeria’s Trade

Business Damilola Bayonle -
Nigeria’s private sector leaders have hailed the country’s successful bid to host the Intra-African Trade Fair (IATF) 2027 in...

AfCFTA: FG Empowers 3m Nigerian Exporters

Business Damilola Bayonle -
In a bold move to expand Nigeria’s footprint in the African and global export market, the Federal Government has...

Nigeria, South Africa Forge Stronger Trade Ties

Business Damilola Bayonle -
Nigeria and South Africa, Africa’s two largest economies, are forging deeper trade and investment ties in a strategic push...

NEPAD, ABR Join Forces to Advance AfCFTA Goals

Business Damilola Bayonle -
The NEPAD Business Group Nigeria (NBGN) has renewed its commitment to driving Africa’s economic integration by partnering with the...

AfCFTA Fund Backs Telecel with $10m Boost

Business Damilola Bayonle -
In a groundbreaking move that signals the operational rollout of the African Continental Free Trade Area (AfCFTA) Adjustment Fund,...

Afreximbank: Poor Market Intelligence Hindering Africa’s Trade Growth

Business Damilola Bayonle -
The African Export-Import Bank (Afreximbank) has identified the lack of market intelligence, fragmented infrastructure, and colonial trade legacies as...

Obasanjo: Bad Leadership Hindering Africa’s Progress

Business Damilola Bayonle -
Former President Olusegun Obasanjo has raised alarm over the state of governance across Africa’s most prominent and populous countries,...