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US Launches Africa Trade Desk, Targets $300 Million Deals in 18 Months
The Africa Trade Desk is part of a broader strategy to boost trade between the US and African countries with the looming expiry of the AGOA trade initiative.
- Categories
- Investing
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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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