Economy

IATF2020 Postponed due to COVID-19

capetownThe African Export-Import Bank (Afreximbank), the African Union (AU) and the government of Rwanda have decided to postpone the second Intra-African Trade Fair (IATF2020) by one year due to COVID-19 pandemic. 

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Africa50 donates US$800,000 to help African countries fight COVID-19

Africa50 roadAfrica50, the pan-African infrastructure investment platform, has announced its COVID-19 relief support initiative, which aims to support the continent’s fight against the pandemic

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Business leaders urge ministers to respect AfCFTA deadline of 1 July

AfCFTC letterThe AU ministerial meeting from 5-6 May is discussing the trade response to COVID-19 and the state of the African Continental Free Trade Agreement (AfCFTA)

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Rural electrification can unlock US$4bn for Ethiopian economy

Ethiopia ATR 27 AprilRural electricity is set to unlock the potential of Ethiopia's economy, according to a report by Rocky Mountain Institute

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Nigeria's inflation inches up in March 2020

bola inflationNigeria’s inflation rate rose to 12.26 per cent in March 2020 from 12.20 per cent in February and 12.3 per cent and January 2020, maintaining a consistent rise for eight months

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