The theme was ‘The Consolidation of International Correspondent Banking Relationships in Africa.’ (Image source: Ahmad Ardity/Pixabay)
The African Development Bank (AfDB), Making Finance Work for Africa (MFW4A) and the German Cooperation (BMZ/GIZ) held a two-day international workshop in Frankfurt, Germany, to improve participants’ understanding of trade financing in Africa
Benedict Oramah (centre) presents the launch of the The African Trade Report 2019. (Image source: Afreximbank)
Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, according to a report by the African Export-Import Bank (Afreximbank)
Gabriel Aduda, permanent secretary in the office of the secretary to the government of Nigeria, at the 2019 Annual Meetings. (Image source: Afreximbank)
Russia’s investment in Africa had increased over the years to reach US$20bn in 2018, said Sergey Lavrov, minister of foreign affairs of the Russian Federation, during the 2019 Annual Meetings of the African Export-Import Bank (Afreximbank)
There is a growing need for more diversified sources of funding for Africa’s economic growth. (Image source: JonoErasmus/Adobe Stock)
EXX Africa CEO Dr Robert Besseling has highlighted some of the major economic trends that are driving change across the continent from South Africa to Algeria
The AfDB is optimistic that Nigeria will soon conclude consultations, ratify and join the AfCFTA. (Image source: Jason Goh/Pixabay)
AfDB has strongly condemned the story by Sahara Reporters on 16 June 2019 that quoted Abdu Mukhtar, director of industrial and trade development of the AfDB, to have allegedly said that the Nigerian government does not understand African Continental Free Trade Agreement (AfCFTA)
