Tag: intra-African trade
Despite the huge growth in smartphone adoption and increasing demand for digital banking, majority of countries here on the continent remain heavily dependent on cash. Suzan Kereere, Visa’s Head of Global Merchant Client Group joins CBNC Africa for more.
African leaders launch free-trade zone, what you need to know about this potential economic “game changer”
African leaders met on Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.
African Export-Import Bank has been providing finance to African focused trade initiatives for 26 years. They now have 13.5 billion dollars in assets under management and are looking to build intra-African trade. Director and Global Head of Trade finance Gwen Mwaba spoke to CNBC Africa's Kopano Gumbi about the banks strategy and their plans to bring their trade seminar to Durban in November.
On the side-lines of the on-going Intra-Africa Trade Forum in Egypt, CNBC Africa’s Christy Cole caught up with Olukayode Pitan, Managing Director of the Bank of Industry and he spoke on the strategies to managing statistical discrepancies in intra-African Trade.
The Tony Elumelu Foundation has championed and made real investment in African entrepreneurs across the continent. Speaking to CNBC Africa at today's Intra-African Trade Fair in Cairo, founder Tony Elumelu highlighted the importance of cross-continental collaboration.
Intra-African trade has remained at 16 per cent over the last six years with just a few countries contributing to this percentage. Amr Kamel, Executive Vice President, Business Development and Corporate Banking, at Afreximbank believes that the forum will help steer conversations towards unlocking the bottlenecks that hinder trade in the continent.
The Nigerian Ports Authority scored a mixed performance in its first quarter report as there was a 2.3 per cent decline in number of vessels which arrived at the port. Obiora Madu, Chief Executive Officer of Multimix group joins CNBC Africa to discuss the key drivers of this performance.
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