Category: ECONOMY

Championing   Regional Transit Guarantee Scheme in ECOWAS….Afreximbank Urges Nigeria

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has urged Nigeria to champion the implementation of an effective regional transit guarantee scheme under the new transit regulation endorsed by the Economic Community of West African States (ECOWAS). Delivering a keynote address at the inaugural session of the Customs Partnership for African Cooperation in Trade (Customs PACT) held in Abuja, Nigeria, from 17 to 19 November, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank, highlighted the challenges imposed by the current interstate road transit regime in the region. Key among…

Zambia targets energy investment with Africa’s richest man

Zambia is positioning itself for a landmark energy sector investment following high-level discussions between President Hakainde Hichilema and Africa’s wealthiest entrepreneur, Aliko Dangote, at State House in Lusaka on Wednesday, November 12. Zambia is courting Africa’s richest man, Aliko Dangote, to expand his conglomerate’s operations into its energy sector. The talks focus on industrial growth, job creation, and economic diversification under Lusaka’s reform programme. Dangote’s $19 billion Lagos refinery and pan-African presence signal potential transformative impact for Zambia. President Hichilema praised Dangote’s leadership and pledged a stable, investor-friendly environment for…

Offering the Inaugural “Global Perspectives: Africa Summit in London,a High-Level Dialogue…CNN Invites APO Group Founder 

APO Group (www.APO-opa.com), the leading pan-African communications and news distribution consultancy, is honoured to confirm that its Founder and Chairman, Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com), has been invited to participate in the inaugural Global Perspectives: Africa’s Role in a Changing World summit — an invitation-only gathering of global leaders and influencers hosted by CNN International on 3 November 2025 in London, UK say an official statement issued in London,Wednesday. Launched in July 2025, the statement said,Global Perspectives is CNN’s new events franchise designed to bring its journalism and editorial insight to live…

EIB and European Commission support Palestine’s economic resilience with €400 million facility for local businesses

  Financing is part of the European Commission’s Multiannual and Comprehensive Programme for Palestinian Recovery and Resilience, aiming to boost economic stability and job creation. EIB facility to strengthen Palestinian local micro, small, and medium-sized enterprises by improving access to affordable financing. Partnership with the Palestine Monetary Authority and local financial intermediaries to channel resources to private sector. After the approval of the European Investment Bank (EIB)’s Board in July, today, the EIB and the European Commission have announced at the UN General Assembly in New York the signature of a €400 million financing facility with the…

AIM Congress Announces 15th Editin for 2026

Dubai, United Arab Emirates, 6th October 2025: The Organizing Committee of AIM Congress, the world’s leading investment platform, has officially announced the launch of its 15th edition under the theme: Reshaping Global Prosperity: Unlocking New Investment Pathways Towards a Sustainable and Inclusive Future. AIM Congress will be held from 13 to 15 April 2026 in Dubai World Trade Centre (DWTC), Dubai, United Arab Emirates. AIM Congress, recognized globally as a premier event dedicated to steering sustainable investment trends, will address strategies to navigate major economic transformations. The event aims to…

IFIC 2025 Communiqué

IFIC 2025 Communiqué Issued at the Close of the 4th Islamic Finance International Conference (IFIC 2025) Theme: Non-Interest Finance as a Catalyst for Inclusive and Sustainable Development Venue: Accra International Conference Centre (AICC), Accra – Ghana Date: 27th September 2025. We, the participants of the 4th Islamic Finance International Conference (IFIC 2025), convened in Accra, Ghana, under the distinguished patronage of the National Chief Imam, His Eminence Sheikh Dr. Osmanu Nuhu Sharubutu, chaired by the President of the Ghana Catholic Bishops’ Conference, Most Rev. Matthew K. Gyamfi (represented by Dr.…

About Ghana’s Adoption of Non-Interest Financing

 Call for Action Echoed…. As 4th Int’l IF Confab ends in Accra By: Mohammed A. Abu The 4th Islamic finance International Conference, organized under the auspices of the Office of the National Chief Imam in collaboration with the Islamic Finance Research Institute of Ghana(IFRIG) ended in the country’s capital, Accra, over the weekend with a call to action. Held under the theme, “Non-Interest Finance as a catalyst for inclusive and Sustainable Development”, the one-day event attracted regulatory institutions, private sector players, diverse religious groups, women groups, professional bodies, investment agencies…

Nominations Open for 2026 IsDB Prize for Impactful Achievement in Islamic Economics (Knowledge Contribution)

The Islamic Development Bank Institute (IsDBI) is pleased to announce opening of nominations for the IsDB Prize for Impactful Achievement in Islamic Economics for the year 1447H (2026). This cycle of the Prize is in the Knowledge Contribution category, aimed to recognize, reward, and encourage significant knowledge contributions in areas related to Islamic economics that have the potential to solve major economic and financial challenges of IsDB Member Countries. Individuals and institutions are invited to nominate other individuals and institutions whose contributions to knowledge are groundbreaking and have a substantial effect on…

Afreximbank renews partnership with African Association of Automotive Manufacturers (AAAM) to promote industrialisation of Africa’s automotive sector

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector says and official statement issued in Algiers,Tuesday. The MoU,it said, was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in Algiers, Algeria by Dr. Gainmore Zanamwe, the Director of Trade Facilitation and Investment Promotion at Afreximbank, and Ms. Martina Biene, President of AAAM. Its key pillars,the statement noted, are regional automotive value…

African Development Bank Group President Sidi Ould Tah pays courtesy visit to President Alassane Ouattara

The president of the African Development Bank Group (www.AfDB.org), Sidi Ould Tah, paid a courtesy visit on Wednesday to the President of Côte d’Ivoire, Alassane Ouattara according to an official statement issued in Abidjan,Saturday. Ould Tah,the statement said, expressed his gratitude to the Ivorian leader for the support he received during his election in May becoming the ninth president of the pan-African multilateral institution. After the meeting,the statement added, Ould Tah accompanied by Côte d’Ivoire’s Minister of Economy, Planning and Development, Nialé Kaba, spoke to the national and international press.…