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Bureau members, Zimbabwe, the Democratic Republic of the Congo, Uganda, Liberia, and Morocco, pledged their full commitment to expand outreach and to take and promote concrete actions.

Africa’s finance ministers call for $100 bn to secure their nations due to pandemic

Our Correspondent7 April 2020 5:55 PM IST

Africa’s finance ministers have called for an initial support package of $100 billion in 2020 to cushion their nations from impacts of the pandemic.

The pandemic and the oil-price shock are likely to tip Africa into an economic contraction in 2020, in the absence of a major fiscal stimulus.

Covid-19 will greatly reduce Africa’s GDP growth in 2020: McKinsey

Our Correspondent2 April 2020 4:47 PM IST

As per a McKinsey report, Covid-19’s economic impact finds that Africa’s GDP growth in 2020 could be cut by three to eight percentage points.

In addition to offering its logistics and supply-chain network, Jumia is collaborating with health ministries in several countries to use its website and mobile platforms to share Covid-19 related public service messages.

Covid-19: Jumia offers African governments last mile delivery solution for medical supplies

Our Correspondent26 March 2020 7:46 PM IST

The annual to be held at Portugal will gather over 700 African and European change-makers.

EurAfrican Forum to focus on free trade agreements, climate change

Our Correspondent4 March 2020 5:13 PM IST

TLcom Capital will focus primarily on startups in Nigeria, Kenya, and South Africa but is also eyeing rising markets, such as Ethiopia.

VC firm TLcom Capital closes $71 mn funding; plans investment in 12 startups

Our Correspondent18 Feb 2020 4:49 PM IST

The SA Post Office previously said that it expects e-commerce and financial services to comprise a major portion of its revenue by 2030.

South African Post Office to launch e-commerce platform in March

Our Correspondent18 Feb 2020 4:21 PM IST

Another very important element of the masterplan is to stimulate local demand to supplant unfair trade imports.

South Africa introduces poultry sector masterplan to boost exports

Our Correspondent11 Feb 2020 7:25 PM IST

The consortium, which also includes Bollore Africa Logistics and Nippon Yusen Kaisha, will develop and operate a 600-metre quay and a new 21.2-hectare terminal for the import, export, and transshipment of vehicles.

Toyota Tsusho to build Egyptian vehicle terminal at East Port Said

Our Correspondent6 Jan 2020 6:19 PM IST

The eSW will reduce the 44 days hectic long paperwork process for importers and exporters to 13 days and eventually to 3 days.

After eWTP, Ethiopia unveils customs processing platform for traders

Our Correspondent6 Jan 2020 4:52 PM IST

The company targets the low-income population in remote areas through small shopkeepers who serve as order and delivery points.

E-commerce platform Copia raises $26 mn Series B funding led by LGT Lightstone

Our Correspondent3 Dec 2019 7:04 PM IST

Ambassador Erastus Mwencha, TMEA board chair; and ambassador Albert Muchanga, commissioner for trade and industry, AU.

AU, TradeMark East Africa join hands to boost intra-African trade

Our Correspondent30 Nov 2019 10:31 PM IST

Black Friday originated in the US and has fast become known as the start of the famous sales weekend following Thanksgiving Day, with brands offering unprecedented deals and discounts to shoppers.

DHL Africa eShop opens Black Friday sale on internationals brands

Our Correspondent27 Nov 2019 8:57 PM IST