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
Economy
Africa’s output grew by 3.4 per cent in 2018: 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)
Russia puts African investment in 2018 at US$20bn
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)
'Political risks likely to affect African supply chain'
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
AfDB: Nigerian government in talks with private sector on AfCFTA
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)