Tag: Industrialization

Benin Joins 16 other Countries to Accede to the Establishment Agreement for Afreximbank’s Impact Investment Subsidiary, Fund for Export Development in Africa (FEDA)

The Republic of Benin has become the latest African nation to accede to the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com/). With Benin’s accession to the FEDA Establishment Agreement, the total number of participating African countries has risen to 17, following Nigeria’s accession earlier this month. The accession to the agreement demonstrates Benin’s support for Afreximbank’s efforts to broaden FEDA’s effectiveness by mobilizing its Member States to sign and ratify the FEDA Establishment Agreement and to support the organization’s impact…

Unveiling SEZs role in Africa’s Industrialization

USD2.6 billion Invested,60 million Jobs Created …. As AU-AEZO Symposium ends in Abuja Story: Mohammed Abu The 5th African Union Commission(AUC)Symposium on Special Economic Zones(SEZs) and the 7th Annual Meeting of Africa Economic Zones Organization(AEZO) ended recently in the Nigerian capital of Abuja with an expression of interest by President Bukhari to collaborate with SEZs in Africa to benefit from the AfCfTA. The Nigerian President also commended the AFZO for bringing Free Zone Operators in Africa together through the event which was held under the theme, “African Special Economic Zones:…