The U.S.-Africa trade summit in December hosted by Vice President Joe Biden offers Black political and business leaders the chance to seize the occasion and forge new alliances between the United States and the continent. In the midterm elections, black voters exercised their political influence in coalitions in states including Georgia, North Carolina, Michigan, and...
Herbert Krapa, a DEPUTY Minister of Trade and Industry, stated that the nation was prepared for the African Continental Free Trade Area (AfCFTA) agreement to be fully operationalized. He claimed that the Ghana Revenue Authority’s (GRA) customs division was prepared and qualified to offer certificates of origin that met all standards for a smooth start...
BMW, a luxury automaker, recently revealed plans to build a car factory in Africa. In December 2022, the automaker opened its most recent facility, which cost $150 million, in Giza, Egypt. Global Auto Group, the official importer of BMW, BMW i, and MINI vehicles in Egypt, made this announcement as part of their intentions to...
Following a sold-out event the year before, the Africa Tech Summit’s organizers have announced that more than 1000 investors, industry titans, and other influential people will attend the February 2023 event. The summit will take place in the Sarit Expo Centre in Nairobi, Kenya on February 15 and 16. It is promoted as the premier...
For many families all around the world, remittances from Kenyans in the diaspora are a crucial source of income. In this field of payments, time is of the essence, and every dollar matters. According to the World Bank, low- and middle-income nations get the majority of these inflows, accounting for $605 billion of the $773...
A sophisticated logistics system is urgently needed to reinforce and support the rising transport infrastructure on the continent, where it is predicted that there will be more than half a billion e-commerce consumers over the next three years. The pandemic accelerated the development of the global e-commerce business and gave rise to several phenomena that...
This month, senior Chinese, Russian, and American officials are rushing to visit African countries to express their commitment to the region, which is now seeing the greatest population growth. Several of President Joe Biden’s top staffers have recently visited Africa as he gets ready for his trip there later this year. There, they must strike...
The African Development Bank Group will invest $10 billion over the next five years to support Africa’s initiatives to eradicate hunger and establish itself as the world’s largest producer of food. Dr. Akinwumi Adesina, president of the Bank Group, made the announcement on Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of Dakar,...
AviationGhana insiders have disclosed the types of aircraft that Ghana Airlines, the country’s new flag carrier, will use when it begins operations. According to sources close to the airline, ATR aircraft would be used for both domestic and regional flights. The four models of ATR aircraft produced by the Franco-Italian manufacturer are the ATR 42-600,...
The absence of a unified currency in the West African sub-region has hampered viable exports, according to Dr. Sidie Mohamed Tunis, Speaker of the Economic Communities of West African States (ECOWAS) Parliament. Speaking yesterday in Bissau, Guinea-Bissau, at the start of the fifth legislative with the topic “ECOWAS Common Currency and the Inter Bank Payment...
