Germany-Nigeria trade volume rises 30% to €3 billion
Germany–Nigeria trade relations have entered a renewed phase of growth and cooperation, with total trade volume rising by 30% to reach €3 billion—cementing Nigeria’s position as Germany’s second-largest trading partner in Sub-Saharan Africa. According to Ambassador Annett Gunther, this growth reflects Nigeria’s gradual economic recovery and renewed investor confidence. Over 90 German companies now operate […]
Modern Infrastructure Financing: Bridging Nigeria’s infrastructure gap through innovative and sustainable financing models
Nigeria stands at a pivotal juncture in its development trajectory. As Africa’s most populous nation and largest economy, its growth potential is immense — yet persistently undermined by a severe infrastructure deficit. With infrastructure stock estimated at only 30% of GDP, well below global norms, the nation’s aspirations for prosperity and competitiveness hinge on a […]
Developing countries call for fairer global rules as crises deepen
At the 16th UN Conference on Trade and Development (UNCTAD16) in Geneva, government ministers from the Group of 77 and China (G77) reaffirmed their commitment to collective action in addressing the world’s most pressing economic challenges — including rising debt, weak investment, and digital inequality. The conference, held under the theme “Shaping the Future: Driving Economic Transformation for […]
AfCFTA: Africa loses $5bn annually in foreign exchange transactions
The African Continental Free Trade Area (AfCFTA) Secretariat has disclosed that Africa loses approximately $5 billion annually through foreign exchange (FX) transactions, a challenge that continues to increase the cost of doing business across the continent. This financial drain, according to the Secretariat, poses a serious barrier to Africa’s economic growth and competitiveness, limiting the […]
Martin’s Drift Border Post enhances Regional Trade efficiency
In a significant step toward deepening regional economic integration, the Martin’s Drift border post—linking Botswana and South Africa—was the focus of a comprehensive study The study, carried out from 21 to 23 October 2025 under the leadership of Senior Programme Officer Alcides Monteiro, assessed key operational factors including the implementation of the Coordinated Border […]
Africa’s next chapter will be built, not announced
Africa stands at a pivotal juncture where its long-term aspirations, framed in Agenda 2063 and aligned with the Sustainable Development Goals, must evolve from planning to tangible implementation. The focus has shifted from drafting strategies to executing finance-ready projects that generate jobs, stimulate industry, and enhance public services. At the heart of this transformation is the […]
South African firms encouraged to expand into global markets through UAE partnership
A recent high-level investment briefing in South Africa, hosted by Creative Zone by Encor in partnership with Azanyah Trade Hub and the UAE Embassy in South Africa, outlined clear pathways for South African businesses to expand into the United Arab Emirates (UAE). The event positioned the UAE as a strategic global gateway, highlighting its business-friendly policies such as 100% foreign […]
Nigeria to lead Africa’s supply chain renaissance: Summit gathers powerhouses to rewire trade, integration and innovation
The 2025 Nigeria Supply Chain Leadership Summit (NSCLS) emerges as a pivotal event positioned at the intersection of global disruption, regional integration, and national transformation. Set for November 14, 2025, the summit is not merely a conference but a strategic forum aimed at redefining Nigeria’s and Africa’s role in the evolving global supply chain landscape. […]