Deputy United States trade representative C.J. Mahoney and African Union Commission commissioner for trade and industry Albert Muchanga have signed a joint statement concerning trade between the USA and the African Union at the opening ceremony of the 2019 African Growth and Opportunity Act (AGOA) Forum
Finance
Billions poised for Africa’s real estate sector
The growth and opportunity displayed by a diverse spread of International funds, DFIs, banks, PE firms, institutional investors and others is evidence that despite apparent indifference to African opportunities in SA boardrooms, the continent’s real estate sector has evolved
African bank foils sophisticated cyberattack, North Korea implicated
The UK cybersecurity specialist Barac has unveiled details of how, in May 2019, it identified a sophisticated cyberattack targeting a major African-headquartered financial institution
Towards an AfroChampions fund to finance the AfCFTA
The AfroChampions Initiative has launched a private sector investment framework to secure financing for the African Continental Free Trade Area (AfCFTA)
Nigeria attracts US$15.15bn investment in H1 2019, says NIPC report
A total of US$15.15bn of investments were announced in Nigeria from the investors in 20 countries in the H1 2019, according to a report from Nigerian Investment Promotion Commission (NIPC)