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Press Release: Cashew Coast Raises €9 Million From AgDevCo to Expand Its Traceable Organic Cashew Processing Business in Cote D’Ivoire
Cashew Coast is a fast-growing cashew nut processing business, which employs 750 people and sources from more than 7,000 smallholder farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: Afreximbank Disburses $40 Million to Support Fidelity Bank’s Acquisition of Union Bank UK
The acquisition is expected to contribute to Africa’s economic growth and development by increasing intra- and extra-African trade finance and trade flows.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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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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