More than 30 companies from 16 different countries have gathered at the HIMOINSA Africa and Middle East Distributors Convention that showcased the latest product innovations and analysed trends in that market
Finance
Second Intra-African Trade Fair to capitalise on Rwanda’s economic success

The event will focus on numerous high-value intra-African trade and investment contracts by showcasing African goods, services and investment opportunities. (Image source: Intra-African Trade Fair)
The 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
AfDB becomes a shareholder in Africa Finance Corporation
The African Development Bank (AfDB), Africa’s highest investment-grade rated (AAA with stable outlook) multinational financial institution, has invested US$50mn in the equity of Africa Finance Corporation (AFC)
European Investment Bank expands investment insurance benefits to West Africa

This represents the first time the European Investment Bank has backed ATI’s membership expansion. (Image source: African Trade Insurance Agency)
The 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
‘With right policies, Africa can be world’s next economic hub’

African leaders must prepare to take advantage of the strong bulging workforce. (Image source: Anja/Pixabay)
With the right policies and linkages, Africa has the potential to become an indispensable global economic hub, according to Singapore’s senior minister Tharman Shanmugaratnam