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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
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Press Release: New Report Shows Global Exports from African Businesses Increase by 50%, Spearheaded by Women
Global African Commerce is a quantitative resource for the African e-commerce landscape, shedding light on the unique barriers and opportunities faced by entrepreneurs on the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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US to Remove Uganda and Three Other African Countries from Agoa Trade Deal
Agoa gives eligible sub-Saharan African countries duty-free access to the US for more than 1,800 products.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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A $200 Billion Opportunity: What Payment Data Shows About the Rise of Africa’s Digital Economy
Africa’s digital economy is growing rapidly, and according to Agosta Liko at Pesapal, businesses, financial institutions and governments could add US $200 billion to the continent’s GDP in the next six years by supporting that growth. He shares payment data that highlights how, and where, digital transactions are happening in Africa — both online and in person — and explores what that means for the digital economy’s growth prospects in the region.
- Categories
- Finance, Technology
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