Economy

Blue economy can be a site of economic production, says ECA

Blue economyThe blue economy, the sustainable use of ocean resources for economic growth, in Africa has the potential to be a site of economic production, linking small, medium and big production firms to promote poverty alleviation, equality and better living standards for the people, according to the Economic Commission for Africa (ECA) director for Southern Africa (SRO SA) Said Adejumobi

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KfW and NamPost to support Namibia’s SMEs and households

nam.JPGNamPost and KfW Development Bank have signed an agreement for a concessional loan of US$22.11mn to provide micro-loans to micro, small and medium-sized companies and households in rural and remote areas via NamPost subsidiary PostFin

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Second Intra-African Trade Fair to capitalise on Rwanda’s economic success

cairo sessionThe second Intra-African Trade Fair (IATF2020) will be organised by the African Export-Import Bank (Afreximbank), the African Union and the government of Rwanda in Kigali from 1-7 September 2020

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European Investment Bank expands investment insurance benefits to West Africa

EIB ATIThe European Investment Bank has formally agreed to support the membership expansion of the African Trade Insurance Agency (ATI) with a concessional financing facility to cover the shareholding of three prospective members - Cameroon, Niger and Togo

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‘With right policies, Africa can be world’s next economic hub’

africa highWith the right policies and linkages, Africa has the potential to become an indispensable global economic hub, according to Singapore’s senior minister Tharman Shanmugaratnam

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