Tag Archives: Trade

How intra-African trade can grow — AFREXIMBANK VP

With an estimated volume of trade between countries in Africa currently valued at about $1 trillion every year, Executive Vice President, African Export-Import Bank (AFREXIMBANK), Amr Kamel, says there were prospects for growth if identified barriers were removed.

Mr Kamel who is in charge of Business Development and Corporate Banking, was speaking on Friday at the opening of the AFREXIMBANK Annual Customer Due Diligence and Corporate Governance (ACDICOG) Forum in Casablanca, Morocco.

He identified key constraints to intra-African trade to include dearth of strong corporate governance and due diligence practices among operators.

Besides, he said the problem could be attributed to over-estimation of African risks, which tend to be much bigger than the actual.

To ignite intra-African trade and…

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Ramaphosa pushes African free trade agreement, private investment

Fresh from his own investment summit and travelling the world to market South Africa, President Cyril Ramaphosa addressed the Africa Investment …
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Afreximbank tasks financial experts, media on promoting intra-African trade

Mr Amr Kamel, Executive Vice President, Business Development and Corporate Banking in African Export-Import Bank (Afreximbank), has charged …
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CARICOM trade ministers meet next week; officials begin preparatory work

The meeting of trade officials in session on Wednesday morning at the CARICOM Secretariat

GEORGETOWN, Guyana — Caribbean Community (CARICOM) trade officials on Wednesday began preparations for the 47th meeting of the Council for Trade and Economic Development (COTED), which will be held in Georgetown, Guyana, November 15-16. The two-day preparatory meeting is being held at the CARICOM Secretariat.

High on the agenda is the CARICOM Single Market and Economy (CSME) with emphasis being placed on the implementation plan for the CSME and challenges to that plan; making the CSME more effective and the definition of artisans and household domestics.

In remarks as the officials got down to business Wednesday, CARICOM Secretariat’s assistant secretary-general, trade and economic…

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Ramaphosa slams policy uncertainty, praises African Free Trade area at investment forum

There is an urgent need to resolve problems that keep investors away from Africa, and address governance challenges such as policy uncertainty and corruption, President Cyril Ramaphosa said on Thursday. 

“As African leaders, we must demonstrate a firm commitment to act against corruption, both within public institutions and the private sector. We must deal with burdensome red tape, provide policy and regulatory certainty, and strengthen our financial institutions,” he said. 

He was addressing delegates at the opening plenary of the African Development Bank’s Africa Investment Forum at the Sandton Convention Centre. 

Delegates at the three-day investment forum include 20 heads of foreign states and several CEOs of top companies. It is aiming to attract investors, and…

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Largest Cruise Tourism Conference and Trade Show in the Caribbean Opens in San Juan to Increase Mutual Success for …

SAN JUAN, Puerto Rico, Nov. 06, 2018 (GLOBE NEWSWIRE) — Today marked the opening of the FCCA Cruise Conference & Trade Show, the largest and only official cruise tourism conference and trade show in the Caribbean. Taking place until Nov. 9, the event has gathered over 1,000 attendees and the most executives from FCCA Member Lines in the event’s 25-year history, more than 150 total and over 10 presidents and above, for a series of meetings, workshops and exhibiting and networking opportunities to foster understanding, relationships and business.

“There are plenty of reasons for excitement this year, with historic opportunities to build business and relationships with the cruise industry,” said Michele Paige, president, FCCA, when opening the event. “We are…

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