Trade

African Leaders at the Africa Investment Forum (AIF) Market Place in Marrakech, Morocco, have reiterated the importance of accelerating industrial development on the continent. The theme of…

The fifteenth summit of Brazil, Russia, India, China, and South Africa, popularly called BRICS, ended in Johannesburg, South Africa, with new hopes of better opportunities for nations to partner with each other under acceptable terms. As…

The Deputy President of South Africa, Paul Mashatile, has said that the BRICS summit will start discussions on how to reduce dependence on the U.S. dollar. “Today the world takes notice of this bloc because it’s at the…

The acting Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has said the service will re-establish cross-border trade with Cameroon and the southern part of Chad across the North Eastern region borders. Adeniyi said…

The Speaker of Nigeria's House of Representatives, Hon. Abbas Tajudeen, has called for more partnerships with the Republic of South Korea in the areas of trade and technology. He made the call when a delegation from the South Korean…

Russian President Vladimir Putin said the trade turnover between Russia and African countries had increased by almost 35% in the first half of 2023 despite international sanctions and the fallout from the COVID-19 pandemic. Speaking at a…

South African president, Cyril Ramaphosa, met this Thursday with DRC president, Félix Tshisekedi, at the Presidential Palace in Kinshasa. The South African leader is on a two-day visit to the country to discuss security and trade.…

The third China-Africa economic and trade expo on the theme of common development for a shared future concluded on Sunday in Changsha city, with 10.3 billion U.S. dollars’ worth of projects signed. Guided by the spirit of the 8th FOCAC…

Kenya and the European Union signed a trade agreement on Monday at a ceremony in Nairobi, the first major deal since 2016 with an African country where Brussels is seeking to forge closer economic ties and counter Chinese appetite. Kenya…

Nigeria's total merchandise trade improved slightly in Q1, 2023, as a result of a marginal increase in import and export trade, which brought about a positive trade balance, the National Bureau of Statistics (NBS) has said. This is…