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Apple Made $14 Billion Worth of IPhones in India as It Shifts Away From China
The smartphone giant has been cutting its reliance on China as geopolitical tensions fester.
- Categories
- Technology
- Region
- Asia Pacific
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Joint Project with Germany to Modernise Nigeria’s Recycling Sector
Partners from Nigerian civil society, the metal processing industry and the solar industry are working with the Oeko-Institut.
- Categories
- Energy, Environment, WASH
- Region
- Global
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Ethiopian Airlines Opens $55 Million E-Commerce Facility
Ethiopian Airlines is positioning Addis Ababa to be the cross-border e-commerce logistics hub for Africa and beyond.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Rwanda Launches $62.89 Million Project to Boost Smallholders’ Agri-Exports
Additionally, the project targets youth by ensuring access to wage employment and fostering leadership development.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Afdb Grants $7 Million Trade Finance Guarantee to Access Bank DRC to Support SMEs
The African Development Bank will now be able to provide up to a 100% guarantee to confirming banks for the non-payment risk from the confirmation of letters of credit.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- international trade, lending, MSMEs
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India’s Small Exporters Reel as Red Sea Crisis Helps Rivals Nab Business
In India, small exporters - who account for 40% of the country's annual merchandise exports worth some $450 billion - have warned that job losses have started and could soar if the attacks, which began late last year, become prolonged.
- Region
- Sub-Saharan Africa
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ITFC, Asia Alliance Bank Ink $10 Million Deal to Boost Private Sector in Uzbekistan
According to a statement by ITFC, this line of funding will specifically address import and pre-export requirements for private sector clients, including SMEs, in Uzbekistan.
- Categories
- Investing
- Region
- Europe & Eurasia
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Africa’s Biggest Oil Refinery Begins Production in Nigeria with the Aim of Reducing Need for Imports
Some citizens have expressed hope that the new plant would soon help reduce consumer gas prices, which have tripled from a year ago after the government stopped decades long subsidies.
- Categories
- Energy
- Region
- Sub-Saharan Africa