AfCFTA

EQS-News: TradeMark Africa Launches in West Africa

Retrieved on: 
Thursday, February 2, 2023

Accra, Ghana, January 30, 2023: TradeMark East Africa, one of the world’s leading Aid for Trade organisation, has today rebranded to TradeMark Africa (TMA) ( www.TradeMarkAfrica.com ) and simultaneously officially launched its West Africa operations.

Key Points: 
  • Accra, Ghana, January 30, 2023: TradeMark East Africa, one of the world’s leading Aid for Trade organisation, has today rebranded to TradeMark Africa (TMA) ( www.TradeMarkAfrica.com ) and simultaneously officially launched its West Africa operations.
  • Founded in 2010 in Kenya, today marks TradeMark Africa expansion from its previous core operational area of East Africa and the Horn, to also support countries in West and Southern Africa.
  • TradeMark Africa now has a presence in fourteen countries in sub-Saharan Africa (SSA): Kenya, Uganda, Tanzania, Rwanda, Burundi, the Democratic Republic of Congo (DRC), South Sudan, Ethiopia, Somaliland, Djibouti, Malawi, Zambia, Mozambique, and Ghana.
  • As part of the pivot to West Africa, TradeMark Africa will support the Secretariat of the African Continental Free Trade Area (AfCFTA), based in Accra, Ghana, to realise its vision of integrating the $3.4 trillion African market.

EQS-News: South Africa supports calls for global co-operation to boost trade and address economic challenges and climate change

Retrieved on: 
Thursday, February 2, 2023

JOHANNESBURG, SOUTH AFRICA – African Media Agency - 30 January 2023 - The 53rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, concluded on Friday, 20 January 2023.

Key Points: 
  • JOHANNESBURG, SOUTH AFRICA – African Media Agency - 30 January 2023 - The 53rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, concluded on Friday, 20 January 2023.
  • World leaders and corporate executives expressed hope that the looming recession facing the global economy could be avoided if countries collaborated to boost global trade and investment.
  • “Given that South Africa is the most industrialised and sophisticated economy in Africa, it is well positioned to take advantage of opportunities presented by AfCFTA.
  • The coalition aims to tackle climate change by promoting trade and investment that encourages adoption of goods, services, and technologies that mitigate climate change in both developed and developing countries.

Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean

Retrieved on: 
Monday, December 26, 2022

CAIRO, Dec. 26, 2022 /PRNewswire/ -- The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community (CARICOM) that have ratified the Partnership Agreement with Afreximbank to tap into the Bank's various financial instruments.

Key Points: 
  • CAIRO, Dec. 26, 2022 /PRNewswire/ -- The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community (CARICOM) that have ratified the Partnership Agreement with Afreximbank to tap into the Bank's various financial instruments.
  • Upon accession to the agreement, CARICOM member countries become Participating States in Afreximbank, conferring on the Bank the same privileges and immunities that it enjoys in the African Participating States that acceded to its Establishment Agreement.
  • Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, commented: "This approval by our Board of Directors of US$1.5 billion in funding is another giant step in the historic reconnection we are successfully forging between Africa and the Caribbean.
  • Afreximbank is now all set to operate in the CARICOM member countries which we are pleased to welcome as Participating States in the Bank.

Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean

Retrieved on: 
Monday, December 26, 2022

CAIRO, Dec. 26, 2022 /PRNewswire/ -- The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community (CARICOM) that have ratified the Partnership Agreement with Afreximbank to tap into the Bank's various financial instruments.

Key Points: 
  • CAIRO, Dec. 26, 2022 /PRNewswire/ -- The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community (CARICOM) that have ratified the Partnership Agreement with Afreximbank to tap into the Bank's various financial instruments.
  • Upon accession to the agreement, CARICOM member countries become Participating States in Afreximbank, conferring on the Bank the same privileges and immunities that it enjoys in the African Participating States that acceded to its Establishment Agreement.
  • Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, commented: "This approval by our Board of Directors of US$1.5 billion in funding is another giant step in the historic reconnection we are successfully forging between Africa and the Caribbean.
  • Afreximbank is now all set to operate in the CARICOM member countries which we are pleased to welcome as Participating States in the Bank.

Euronet Worldwide Partners with AeTrade Group to Build Landmark Real-Time Cross-Border Payments Solution for the African Continent

Retrieved on: 
Wednesday, November 9, 2022

This project, where our Ren payments technology will serve as the real-time payments switch across the African continent, provides one of the biggest milestones in this journey.

Key Points: 
  • This project, where our Ren payments technology will serve as the real-time payments switch across the African continent, provides one of the biggest milestones in this journey.
  • AeTrade then selected Euronet and its Ren payments technologies to build and deliver the pan-African payments switch.
  • Ren is an end-to-end payments platform from Euronet that breaks architectural paradigms to keep pace with global payment trends.
  • With corporate headquarters inLeawood, Kansas, USA, and 66 worldwide offices,Euronetserves clients in approximately 200 countries and territories.

ACTIF 2022 opens new trade and investment path between the Caribbean and Africa 

Retrieved on: 
Friday, September 16, 2022

The forum opened a new chapter for the relations between the Caribbean and Africa.

Key Points: 
  • The forum opened a new chapter for the relations between the Caribbean and Africa.
  • Held under the theme, 'One People, One Destiny, Uniting and Reimagining Our Future', the forum set in motion various initiatives to further deepen and build new trade and investment relationships between Africa and the Caribbean.
  • The Prime Minister of Barbados - Mia Amor Mottley, expressed pleasure at being selected as the host country for ACTIF 2022.
  • Promotion of trade and investment between Africa and the Caribbean as the forum served as the platform for market identification, building business partnerships, exchange of trade and market information, and co-investments.

Trust Stamp to attend the Commonwealth Business Forum in Rwanda

Retrieved on: 
Thursday, June 16, 2022

Kigali, Rwanda, June 16, 2022 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), an AI-powered trust and identity services company used globally across multiple sectors,announces that CEO Gareth Genner willjoin a trade delegation organized by TradeMalta to attend the Commonwealth Business Forum coinciding with the Commonwealth Heads of Government Meeting (CHOGM).

Key Points: 
  • Kigali, Rwanda, June 16, 2022 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), an AI-powered trust and identity services company used globally across multiple sectors,announces that CEO Gareth Genner willjoin a trade delegation organized by TradeMalta to attend the Commonwealth Business Forum coinciding with the Commonwealth Heads of Government Meeting (CHOGM).
  • CHOGM will take place in Rwanda from June 20, 2022, to June 25, 2022 with the theme of Delivering a Common Future: Connecting, Innovating, Transforming.'
  • The Commonwealth Business Forum brings together the Commonwealths most senior business leaders alongside Heads of Government and Ministers for three days of discussions, networking, and deal-making.
  • Trust Stamp established its Rwandan subsidiary in 2021, which currently employs 16 people out of its Kigali office.

Sierra Leone Maritime Administration Partners with Windward to Enhance Screening Processes to Maintain a High Quality Vessel Registry

Retrieved on: 
Wednesday, May 25, 2022

LONDON, May 25, 2022 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI company, announced today that it has partnered with the Sierra Leone Maritime Administration (SLMARAD), an open registry which operates and governs the Sierra Leone flag registry. SLMARAD will use Windward's AI-powered platform to screen all existing and incoming vessels in its registry, allowing the administration to maintain a high quality of registrants and ensure the safety of life at sea and protection of the marine environment.

Key Points: 
  • LONDON, May 25, 2022 /PRNewswire/ -- Windward (LSE: WNWD),the leading Maritime AI company, announced today that it has partnered with the Sierra Leone Maritime Administration (SLMARAD), an open registry which operates and governs the Sierra Leone flag registry.
  • Any vessel with over 100 gross tonnage needs to register under a flag, which grants the vessel the physical and legal protection of that flag/flag state.
  • "We are thrilled to be partnering with Windward, the leading Maritime AI solution in the industry," said Marianna Fournari, General Manager of SLMARAD.
  • "We are excited to work with the Sierra Leone flag registry to improve its screening processes and reputation in the global trade community," said Ami Daniel, Co-Founder and CEO of Windward.

World Trade Centers Association's 2022 General Assembly "Exploring New Horizons" Attracts Nearly 600 Participants from More Than 60 Countries

Retrieved on: 
Thursday, April 28, 2022

NEW YORK, April 28, 2022 /PRNewswire/ -- The World Trade Centers Association® (WTCA®), an international trade organization connecting over 300 World Trade Center® (WTC®) locations in nearly 100 countries, gathered nearly 600 participants from more than 60 countries at its 2022 General Assembly (GA), which was held virtually from April 18-22. Attendees participated in two days of livestream sessions featuring prominent keynote speakers discussing business opportunities in Africa and a full week of Artificial Intelligence (AI)-powered B2B matchmaking opportunities across all time zones. Focused on the theme, "Exploring New Horizons," the GA demonstrated the strength of the WTCA network, and offered attendees the opportunity to learn from leading experts and to connect with each other virtually.

Key Points: 
  • NEW YORK, April 28, 2022 /PRNewswire/ -- The World Trade Centers Association (WTCA) , an international trade organization connecting over 300 World Trade Center (WTC) locations in nearly 100 countries, gathered nearly 600 participants from more than 60 countries at its 2022 General Assembly (GA), which was held virtually from April 18-22.
  • "During this year's event, we explored the wide range of industries and sectors in Africa, and the qualities that makes the continent an investment destination.
  • "Our global network of World Trade Center businesses is critical to drive opportunities throughout the continent because each represents hundreds, sometimes thousands, of SMEs.
  • The World Trade Centers Association (WTCA) is a network of more than 300 highly connected, mutually supporting businesses and organizations in 92 countries.

World Trade Centers Association's 2022 General Assembly "Exploring New Horizons" Attracts Nearly 600 Participants from More Than 60 Countries

Retrieved on: 
Thursday, April 28, 2022

NEW YORK, April 28, 2022 /PRNewswire/ -- The World Trade Centers Association® (WTCA®), an international trade organization connecting over 300 World Trade Center® (WTC®) locations in nearly 100 countries, gathered nearly 600 participants from more than 60 countries at its 2022 General Assembly (GA), which was held virtually from April 18-22. Attendees participated in two days of livestream sessions featuring prominent keynote speakers discussing business opportunities in Africa and a full week of Artificial Intelligence (AI)-powered B2B matchmaking opportunities across all time zones. Focused on the theme, "Exploring New Horizons," the GA demonstrated the strength of the WTCA network, and offered attendees the opportunity to learn from leading experts and to connect with each other virtually.

Key Points: 
  • NEW YORK, April 28, 2022 /PRNewswire/ -- The World Trade Centers Association (WTCA) , an international trade organization connecting over 300 World Trade Center (WTC) locations in nearly 100 countries, gathered nearly 600 participants from more than 60 countries at its 2022 General Assembly (GA), which was held virtually from April 18-22.
  • "During this year's event, we explored the wide range of industries and sectors in Africa, and the qualities that makes the continent an investment destination.
  • "Our global network of World Trade Center businesses is critical to drive opportunities throughout the continent because each represents hundreds, sometimes thousands, of SMEs.
  • The World Trade Centers Association (WTCA) is a network of more than 300 highly connected, mutually supporting businesses and organizations in 92 countries.