Economy

Nigeria to borrow US$4.34bn from domestic market

Nigeria borrowing marketThe Nigerian government will borrow US$4.34bn from the domestic market to part-finance the budget deficit

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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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