Africa Business Connect Association (ABCA)

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Africa braces for food price inflation as Russia-Ukraine war continues

With many African countries highly dependent on imports of Russian and Ukrainian wheat, how will the war impact on the continent’s food security? In late February, when Africans living in Ukraine hurried their way to safety as Russian jets and infantry began their assault on Ukraine, African governments and institutions began scrambling to contain the …

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Rwanda aims to forge vaccine production hub in BioNTech deal

Having successfully vaccinated a significant proportion of its own population, Rwanda now aims to become a vaccine manufacturing hub through a deal with BioNTech  Rwanda’s health sector has been praised for its adaptability in the face of the Covid-19 pandemic, including the efficient rollout of vaccines and virus-suppression measures. By mid-February, nearly 7m Rwandans had …

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How will the Russia-Ukraine war affect Africa?

African countries are poised to feel the pain of rising fuel and wheat prices, but trade and investment disruption will be more muted, say, analysts. Eight days into Russia’s full-scale invasion of Ukraine, the fallout of the war and unprecedented sanctions on Moscow are shaking global supply chains and financial markets. With Russia, a major …

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Africa particularly vulnerable to impact of Ukraine war, says IMF’s Georgieva

At this difficult moment, the International Monetary Fund stands ready to help African countries address the repercussions of the war in Ukraine, says Kristalina Georgieva. Africa is particularly vulnerable to the impact of the Ukraine war but the International Monetary Fund (IMF) stands ready to help African countries address its repercussions, said IMF managing director …

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High profile speaker programme announced for MACH 2022

A program of high-profile speakers from across the manufacturing technologies spectrum has been announced for MACH 2022. The speakers have been selected to offer valuable insight into the latest developments across this important sector and to provide intuitive market intelligence to the thousands of people expected to visit the UK’s national manufacturing show. Aside from …

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IATF 2021: Building Bridges for a Successful AfCFTA

Trade, technology and tourism were all on the agenda as policymakers discussed how Africa can bounce back from the Covid-19 pandemic and the resulting economic crisis With over 10,000 registered participants from 59 countries, the Intra-African Trade Fair (IATF) in Durban was the biggest pan-African business event to take place since the pandemic began. The …

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Cairo, 19 April 2021: – African Export-Import Bank (Afreximbank),

Cairo, 19 April 2021: – African Export-Import Bank (Afreximbank), in collaboration with the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB) and Making Finance Work for Africa Partnership (MFW4A) released on 15 April 2021 the African Trade Finance Survey Report which provides a better understanding of the trade finance landscape across Africa …

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IATF2020 to Showcase AfCFTA Opportunities, Boost Intra-African Trade

IATF2020 to Showcase AfCFTA Opportunities, Boost Intra-African Trade Cairo, 10 Feb. 2020 – Registration has opened for the second Intra-African Trade Fair (IATF2020) scheduled to take place in Kigali from 1 to 7 September 2020. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union and hosted by the Government of Rwanda, IATF2020 …

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