Boosting African intra-regional trade and economic co-operation is key to the continents long-term success as it creates the catalyst for greater employment opportunities, according to UNCTAD secretary general Mukhisa Kituyi
Finance
Caterpillar invests US$1bn in business, education and training across Africa
Caterpillar chairman and CEO Doug Oberhelman have announced that the firm its independent dealers and the Caterpillar Foundation plan to invest more than US$1bn in countries across Africa over the next five years
OPIC opens its first East Africa office
The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, has announced the opening of its first-ever East Africa office, located in Nairobi, Kenya, with Suresh Samuel as managing director
Africa initiative for governance launches public sector scholarships
The Africa Initiative for Governance (AIG) issued a call for applications for its 2017 scholarships for a Masters degree in public policy at the Blavatnik School of Government, at the University of Oxford
Ecobank awarded two prizes for trade finance and treasury services
Pan-African group Ecobank has won the awards for Best Trade Finance Services in Africa and Best Treasury Services in Africa in this year’s Treasury Services Awards, organised by financial trade magazine EMEA Finance