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Erdogan seeks to boost ties at Turkey-Africa summit

Turkey is aiming to deepen economic and military ties on Africa, President Recep Tayyip Erdogan said in remarks at a major summit of African heads in Istanbul, and called for a seat representing the continent at the UN Security Council. Heads of state from 16 African nations, along with more …

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iProduce Africa to improve SMEs export capabilities in Nigeria

Islamic Development Bank sponsored iProduce Africa, an agribusiness center is striving to boost the operations and export capabilities of Small and Medium Enterprises (SMEs) in Nigeria. iProduce Africa also seeks to take advantage of the government’s Zero-Oil Plan to build a blueprint for a strategic non-oil export-led economic diversification agenda. …

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Buhari discusses investment, trade with Afreximbank, AfCFTA chiefs

President Muhammadu Buhari has assured that the Nigerian government will continue to support efforts to broaden the economy through multilateral financing. Buhari spoke at a parley with Prof. Benedict Oramah, President, African Export-Import Bank (Afreximbank) and Wamkele Mene, Secretary-General, African Continental Free Trade Area (AfCFTA) Secretariat. They met on Sunday …

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Africa: Intra-African Trade Fair 2021 Poised to Boost Commerce Across Africa

The Intra-African Trade Fair (IATF2021) will see Durban host key figures from the world of trade, including entrepreneurs, financiers, governments and regulators, on one platform to deliberate on trade acceleration and investment throughout the African continent. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) …

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OCP Africa Partners With USAID To Boost Nigerian Food Security

Nairametrics, a Nigerian financial information firm, this week reported details about various investments in Nigerian and African businesses through USAID. One of the investments was made to OCP Nigeria Fertilizers, a subsidiary of Morocco’s OCP group. The firm specializes in the production of phosphate-based fertilizers. The $1.4 million investment in the firm was …

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Agenda 2063: the African Development Bank contributes to validation of the African Union’s second Biennial Continental Report

An African Development Bank delegation led by Abdul Kamara, Deputy Director General of the East Africa Region, is taking part in a validation workshop for the African Union’s (UA) second Biennial Continental Report on Agenda 2063, held from 20 September to 6 October in the Zimbabwean capital Harare. The aim of …

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