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IPO-Eastern Africa Network

Where Creative Minds Congregate for Community Development!

Category: Business

African Export-Import Bank (Afreximbank) has ratified a series of initiatives designed to support Kenya's industrialisation and export-led development agenda.

All Africa Trade Development Bank to Support Industrialisation in Kenya

By Abdi Ali Published March 6, 2025 African Export-Import Bank (Afreximbank) has signed a series of agreements designed to support Kenya’s industrialisation and export-led development agenda. Afreximbank is expected to finance the development and operation of industrial parks (IPs) and special economic zones (SEZs) to bolster the Kenya’s industrialisation and export manufacturing. RELATED: Countdown to…

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"Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world. The evolving nature of financial crime, particularly in the digital environment, requires strong partnerships between law enforcement and financial institutions. Interpol's closer relationship with the African Development Bank Group will help law enforcement agencies and financial institutions across Africa tackle increasingly sophisticated financial crime threats," notes Valdecy Urquiza, Interpol's Secretary General.

African Development Bank and Interpol Partners to Combat Financial Crime and Corruption

By Abdi Ali Published February 21, 2025 African Development Bank has signed an agreement with International Criminal Police Organization (Interpol) in their joint effort to fight corruption and financial crime across Africa. RELATED: Illicit Financial Flows and Inadequate Energy Hinder Africa’s Industrialisation The partnership, that is expected to enhance collaboration between the Bank’s Office of…

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Hosted by the Government of Algeria under the theme 'Gateway to New Opportunities', IATF2025 aims to tap into opportunities from the single market of the African Continental Free Trade Area (AfCFTA) of more than 1.4 billion people and a GDP of more than US$3.5 trillion. The fair is held biennially by the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat.

Countdown to the 4th Intra-African Trade Fair in Algeria Begins

By Abdi Ali Published December 13, 2024 More than 35000 visitors from more than 140 countries across the world are expected to converge in the Algerian city of Algiers September 4 – 10, 2025 for Intra-African Trade Fair 2025 (IATF2025). During the week-long fair, more than 2000 exhibitors, including businesses from the African continent and…

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African countries have to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns by 2050 when its urban population is expected to triple.

Africa Needs More Investment for Urban Development

By African Development Bank Published December 6, 2024 African countries have to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns by 2050 when its urban population is expected to triple. This was the conclusion shared by experts at a…

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The Ethiopia-Kenya electricity highway is much more than a simple infrastructure project; it embodies a vision of the future in which green energy becomes the driver of stronger regional cooperation and sustainable development. Thanks to this connection, East African countries can share their energy resources efficiently, while responding to the growing needs of their populations and industries.

Ethiopia-Kenya Electricity Highway Shapes Regional Connectivity

By African Development Bank Published November 1, 2024 The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. It is more than a piece of infrastructure, it is an economic and environmental entity, connecting not just power grids…

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Jean Chrysostome Ngabitsinze, Rwanda's Minister for Trade and Industry says, "We are honoured to host the Trade Development Forum, symbolising our commitment to Rwanda's and Africa's economic development. We strive to realise the vision of a seamlessly integrated Africa under the leadership of our President, who has relentlessly championed the process, initiation and formation of the African Continental Free Trade Area (AfCFTA). Initiatives like the Rwanda Electronic Single Window and Kigali dry port, are a testament to trade solutions that can overcome geographical challenges and enhance our trade capabilities."

Rwanda to Host Landmark Trade Development Forum

By Khalifa Hemed Published August 18, 2024 A trade-development summit bringing together Heads of State, Government Officials, Development Partners, Multilateral Organisations and the Private Sector from 14 countries shall be held in the Rwandan capital, Kigali, December 2-3, 2024. The initiative of the Government of Rwanda and TradeMark Africa, the two-day event, held on the…

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