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Republic of South Africa: Department of International Relations and Cooperation
Source: Republic of South Africa: Department of International Relations and Cooperation |

Minister Lamola welcomes Botswana’s commitment to fostering closer ties and facilitating trade with South Africa

Botswana is a significant trade partner for South Africa, accounting for approximately 15% of our country’s total vegetable exports as of 2021

On 18 December 2024, Minister Ronald Lamola received correspondence from his counterpart in Botswana, Dr Phenyo Butale, informing him of the new administration’s decision to gradually lift the ban on vegetable imports from South Africa. This letter follows a congratulatory message sent by Minister Lamola to Dr Butale on his…

Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

Afreximbank and Ecobank partner to simplify trade and compliance for African businesses

The Ecobank Single Market Trade Hub connects registered businesses across Africa on a single platform, helping them benefit from opportunities in the unified market of 1.4 billion people created by the African Continental Free Trade Agreement (AfCFTA)

African Export-Import Bank (Afreximbank) and Ecobank Group (www.Ecobank.com) have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s Single Market Trade Hub and Afreximbank’s MANSA Digital Repository Platform. With the collaboration, African businesses will benefit from seamless shared services across the two…

United Nations Economic Commission for Africa (ECA)
Source: United Nations Economic Commission for Africa (ECA) |

Burkina Faso benefits from the 3rd phase of the technical assistance project

The project aims to strengthen national institutional capacities to measure the added value of regional services value chains, assess the impact of services sector development on international trade, and facilitate the development of public policy frameworks

The Economic Commission for Africa (ECA), through its Market Institutions Section (MIS), supports member countries in promoting trade in services and integrating the services sector into regional and global value chains. A new technical assistance project is being implemented to unlock and stimulate the potential of financial services trade in…

Webb Fontaine

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    • Arnaud Bouraima, Deputy Chief Commercial Officer, Webb Fontaine Group
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Source: Webb Fontaine |

The future of customs: how technology and partnerships are paving the way for global trade (By Arnaud Bouraima)

Modern customs operations are complex and highly demanding, with millions in revenues depending on a smooth flow of goods through points of entry

By Arnaud Bouraima, Deputy Chief Commercial Officer, Webb Fontaine Group (www.WebbFontaine.com) The World Customs Organization (WCO) Technology Conference in Rio de Janeiro took place last November, but its energy and excitement remain vivid. It was clear that the global customs community recognizes the urgent need for transformation. Delegates from around the…

Afreximbank
Source: Afreximbank |

Afreximbank signs landmark hydropower project in Democratic Republic of Congo (DRC)

Aligning with Afreximbank’s climate finance strategy, the project marks Afreximbank’s first private-sector renewable energy initiative in the DRC

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) signed a project preparation facility financing agreement for its private-sector renewable energy project in the Democratic Republic of Congo (DRC), marking a major step in expanding green infrastructure across the Central African region. Partnering with Kipay Investments SAS (Kipay), the Bank will finance the technical…

Afreximbank
Source: Afreximbank |

Afreximbank participates in Bank of Industry Nigeria’s syndicated facility of up to EUR 2-billion

The Bank disbursed its participation amount of EUR 175 million in September 2024 in two tranches of EUR 115 million in Tranche A and EUR 60 million under Tranche B

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) recently joined a consortium of financial institutions in London to sign a landmark syndicated term loan facility for Bank of Industry (BOI) Nigeria of up to EUR 2 billion. Afreximbank, acted as one of the Initial Mandated Lead Arrangers, Bookrunner and Facility Agent. The Bank…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank Group to extend facilities worth $200 million and ZAR 3.6 billion to Standard Bank Group to increase trade in Africa and support Small and Medium-sized Enterprises (SMEs)

The partnership will bolster Standard Bank Group’s capital, increase support for small and medium-sized enterprises (SMEs) in South Africa and expand trade across the African continent

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in Africa. The first is a $200 million trade finance risk participation agreement (RPA) for Standard Bank of South Africa Limited; the second is a…

EU-Africa Chamber of Commerce (EUACC)

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    • Sonia Toro, Executive Director of the EU-Africa Chamber of Commerce and Dr. Kaladji Fadiga, Director General of Agence Côte d’Ivoire Export (1)
    • Sonia Toro, Executive Director of the EU-Africa Chamber of Commerce and Dr. Kaladji Fadiga, Director General of Agence Côte d’Ivoire Export (2)
    • The European Union-Africa Chamber of Commerce and Agence Côte d’Ivoire Export sign a partnership for tangible results in support of Ivorian exports
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Source: EU-Africa Chamber of Commerce (EUACC) |

The European Union-Africa Chamber of Commerce and Agence Côte d’Ivoire Export sign a partnership for tangible results in support of Ivorian exports

The European Union-Africa Chamber of Commerce (EUACC) and Agence Côte d’Ivoire Export have signed a strategic partnership agreement focused on concrete and measurable actions to accelerate the development of Ivorian exports

This significant agreement, officially signed on December 9, 2024, reflects a shared commitment to strengthening international trade, financing, and the competitiveness of Ivorian businesses in European and global markets. A Multifaceted Partnership In accordance with Article 1 of the agreement, this collaboration is structured around four main pillars: Access to…

BRICS Competition Law and Policy Centre
Source: BRICS Competition Law and Policy Centre |

BRICS antitrust authorities turned against Covantis

BRICS Competitive Agencies are set to develop a new approach on food markets regulation; One of the largest global blockchain platforms on commodities, Covantis, may be the first to fall under restrictions

At the 3rd BRICS + (Brazil, Russia, India, China, South Africa, Egypt, Iran, Arab Emirates, Ethiopia + partners) Digital Competition Forum, the BRICS Competition Law and Policy Centre (www.BRICSCompetition.org) presented a new methodological approach to analyzing and regulating food markets that takes into account their accelerating digitalization. Specific tools that…

U.S. Embassy & Consulates in South Africa
Source: U.S. Embassy & Consulates in South Africa |

Atlanta Mayor Andre Dickens Strengthens United States (U.S.)-South Africa Ties During Groundbreaking Official Visit

The visit followed the launch of Atlanta Phambili in March 2024 with a trade and investment roadshow hosted in Atlanta, featuring senior South African business executives and government officials

Atlanta Mayor Andre Dickens concluded a landmark official visit to South Africa, accompanied by a delegation of 35 Atlantan political, business, and community leaders.  The December 4-11 visit marked a significant milestone in Atlanta Phambili—a subnational diplomacy initiative centered on deepening U.S.-South Africa partnership through the City of Atlanta– and reaffirmed…