Africa’s Creative and Cultural Industry (CCI) has emerged as a growth industry and will play a critical role in the process of the continent’s renaissance. Experts say the CCI has power to catalyze intra-Africa trade, create millions of job opportunities for the continent’s young population and in return promote the emergence of national and regional

Cairo, 18 June 2022 – Africa’s trade grew significantly as the world gradually recovered from the COVID-19 pandemic, Professor Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), said in Cairo. Launching the African Trade Report along with H.E. Mr Lai Mohammed, Minister of Information, Culture and Tourism of

Afreximbank’s Managing Director of the Intra-Africa Trade Initiative, Mrs. Kanayo Awani, has urged every stakeholder in the continent to get involved in the actualization of the aspirations of the African Continental Free Trade Agreement (AfCFTA), lest it remains an elusive dream.  Speaking at the Egypt-Africa Business Roundtable themed “promoting Egypt-Africa trade within the AfCFTA” on

Straight talking Bolanle Austen-Peters, Founder of Terra Kulture and BAP Productions, questioned the resolve of African decision makers to empower the youth stating: ‘If we cannot provide the means for the youth to achieve the dreams of the AfCFTA, what are we really telling them about these agreements we sign designed to benefit them?” She

The African Continental Free Trade Agreement (AfCFTA) is a millennial and inter-generational project, undertaken at a time of major technological shifts. It is the instrument for Africa’s economic transformation in a changing world. Harnessing the power and creativity of Africa’s youth to accelerate the transformation of African economies is one of the most important development

Access to finance for Africa’s MSMEs should be a priority to enable them to play their role as primary drivers of the continent’s future economic development and employment creation, Jean-Louis Ekra, Former President of the African Export-Import Bank (Afreximbank), said.  In a lead presentation ahead of a panel discussion on the role of DFIs and

The majority of the fastest growing cities and urban set ups in the world today are in Africa. The administrative and commercial hubs for such setups are under sub sovereign governments’ authority. Mrs. Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative, hailed the sub sovereigns as an ideal vehicle for infrastructural development, given their

Cairo, 17 June 2022 – The next edition of the Creative Africa Nexus (CANEX) Weekend will be held in Abidjan, Cote d’Ivoire taking place 25-27th November 2022, said Professor Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), who described the creative industry as a bankable market. Addressing participants

Cairo, 17 June 2022 – African Export-Import Bank (Afreximbank) today in Cairo launched a market study on the franchising sector in Africa, showing a relatively weak sector with huge opportunities on the continent. The study, conducted under the Create and Connect pillars of Afreximbank’s Intra-African Trade Strategy, shows that the franchising sector is not well-developed

Delivering the AAM2022 opening day keynote address yesterday, Prof. Spence, the 2001 Nobel Laureate in Economics and the William R Berkeley Professor of Economics and Business at the Stern School of Business at New York University, said that, in a post Covid-19 environment and in the face of the Ukraine crisis, the global economy was