LATEST NEWS



REGISTER FOR INTRA-AFRICAN VIRTUAL TRADE FAIR

The Virtual Intra-African Trade Fair is an online platform for buyers and sellers to meet, exchange trade and market information and show case their products and capabilities to new markets. The Virtual Trade Fair (VTF) mimics the inaugural Intra-African Trade Fair (IATF) that took place in Cairo, Egypt in December 2018, and it continues beyond where the physical trade fair concludes.

 

Visitor Experience

IATF Virtual provides Visitors unable to attend the event in person, a   dynamic, convenient and cost-efficient way to visit the IATF, network with exhibitors to identify investment and business opportunities and source products. In real time during the event. And for a sustained period after the event.

Registration is free.

 

Visitor Features:

Participate in the full program of live Speaker simulcasts and watch all missed speaker presentations on demand.

Visit exhibitors at their virtual booths and engage via live text, audio, group and one-on-one chat. Visitors in different time zones can leave a message for exhibitors to contact them.

 

Use an ‘electronic briefcase’ to collect brochures and other exhibitor collateral and share with colleagues via email

 

Networking Lounge - Reach out to relevant business contacts, initiate private conversations and join special interest groups

Access country and trade information from the Resource Center

Engage intra-African trade experts, who will share their expertise on various aspects of trade and export/import finance

Receive relevant news, event and opportunity updates

Get dedicated assistance from the Help Desk.

For enquiries: 

Phone:  +(202) 2456 4100    

Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

MALAWI IMPROVES ON THE DOING BUSINESS REPORT

 Malawi’s ease of doing business score has improved from 59.59 in Doing Business 2019 to 60.9 in Doing Business 2020. Malawi’s overall position has improved from 111 to 109, in the Doing Business Index.

 

World Bank Malawi Country Manager’s position on Doing Business 2020

“Malawi Government is committed to create jobs for young people. Therefore, improving the business environment will be crucial to delivering that commitment. So, it is good news that Malawi has, overall, improved its business regulations and in absolute terms is narrowing the gap with global regulatory best practice,” says Greg Toulmin, Country Manager for Malawi.  “However, there is still much more   Malawi needs to do--and quickly--if this commitment is to be realized in full. We look forward to working with Government to help them deliver it.”

 

What are the ranking trends?

Mauritius (13) is the highest-ranking Sub-Saharan African economy overall. It is also the only economy from this region in the top 20 cohort.

The second highest ranked economy in the region is Rwanda (38).

Mauritius (13) and Rwanda (38) are the only two Sub-Saharan African economies in the top 50 on the ease of doing business ranking. South Sudan (185), Eritrea (189), and Somalia (190) are the lowest ranked economies in the region.

Other large economies in the region and their rankings are Kenya (56), South Africa (84), Ghana (118), Nigeria (131), and the Democratic Republic of Congo (183)

The region’s economies perform best in the area of   getting credit (113). Conversely, the region underperforms in the areas of getting electricity (146), trading across borders (140) and registering property (129). For example, the cost to obtain a permanent electrical connection in Sub-Saharan Africa is 3 times higher than the global average and 52 times higher than in the OECD high-income group. It takes over 200 hours in Côte d'Ivoire and Cameroon to comply with export border procedures for maritime transport, compared with 13 hours in OECD high-income economies. Ports in Sub-Saharan African are the least efficient of any region.

Sub-Saharan Africa remains one of the weakest-performing regions on the ease of doing business ranking with an average score of 51.8, well below the OECD high-income economy average of 78.4 and the global average of 63. Compared with the previous year, Sub-Saharan African economies   increased their average doing business score by 0.9 points.

 

INVITATION TO 2ND INTRA-AFRICAN TRADE FAIR (KIGALI, RWANDA, 1-7 SEPTEMBER 2020)

 

The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the Government of the Republic of Rwanda, will host the second edition of the Intra-African Trade Fair (IATF2020) in Kigali, Rwanda, from 1 to 7 September 2020 under the theme  "Building Bridges for a Successful AfCFTA".


IATF2020 will provide a unique and valuable platform for businesses to access an integrated African market of over 1.2 billion people with a combined GDP of over US$2.5 trillion created under the African Continental Free Trade Area (AfCFTA). The successful launch on 7 July 2019 of the operational phase of the AfCFTA has brought into focus the great potential for trade, investment and socio-economic development across Africa.

The inaugural edition of IATF2018 attracted over 2,500 conference delegates and 1,000 exhibitors from 45 countries resulting in over $32 billion worth of trade and investment deals that were closed at the event. The 2nd edition of IATF is expected to be even bigger and aims to attract 5,000 conference delegates and 1,100 exhibitors, including over 1,000 buyers from over 55 countries who will engage to grow trade and investment on the African continent. More than US$40 Billion in trade and investment deals are being targeted at IATF2020.

Among others, the objectives of the Intra-African Trade Fair include: bringing together continental and global players to showcase and exhibit their goods and services, and to explore business and investment opportunities in the continent; providing a platform to share trade, investment and market information with stakeholders and to discuss and identify solutions to the challenges affecting intra-African trade promotion.  The Trade Fair is an important instrument towards achieving our shared goal of expanding intra-African trade, investment and economic integration for the improvement of the quality of lives of our people. 

The IATF2020 Advisory Council, which oversees the event execution and governance, is led by His Excellency Chief Olusegun Obasanjo, former President of Nigeria, as Chairman and includes Mr. Jean-Louis EKRA, former President of Afreximbank, and Amb. Albert Muchanga, African Union Commissioner for Trade and Industry. Also represented on the Council are the United Nations Economic Commission for Africa through the African Trade Policy Centre; African Development Bank; Pan-African Chamber of Commerce and Industry; World Trade Centre Miami; AfroChampions Initiative; Islamic Development Bank group through the Islamic Trade Finance Corporation; Export Development Agency of Egypt; the Government of the Republic of Rwanda, as the host country; and Reed Exhibitions as the professional trade fair organiser for the event.

With the above in mind, Afreximbank is pleased to invite you to attend and participate in IATF2020 in Kigali, Rwanda, from 1 to 7 September 2020. More details about IATF 2020, including registration and sponsorship

details, can be found at: www.intrafricantradefair.com

You can also direct any additional inquiries to Chardonnay Marchesi -
+27-11-549 8300 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Yours Sincerely,

IATF2020 Organising Committee
AFRICAN EXPORT-IMPORT BANK

She Trades second application phase is NOW OPEN!

The International Trade Centre’s SheTrades initiative aims to connect 3 million women entrepreneurs and women-owned businesses to international markets by 2021.

Under the umbrella of the SheTrades Initiative, SheTrades Invest is dedicated to supporting fruitful relationships between investors and women entrepreneurs in developing markets. In doing so, SheTrades Invest addresses the sixth global action of the SheTrades initiative - unlocking financial services for women-owned businesses. 

SheTrades Invest will:  

- Strengthen the financial and managerial capacity of women entrepreneurs, improve their investment readiness, and connect them to impact investors and financiers

- Build a pipeline for investors of women-owned businesses and SMEs that are benefitting women.

Application Process for Women-owned Small and Medium-sized Enterprises (SMEs) and SMEs Benefitting Women

Conditions to apply:
The enterprise must comply with at least one of the three criteria below:  

1. Be at least 51% owned by woman/women;
2. Be at least 20% owned by woman/women, has at least one woman as CEO/COO/President/Vice President; and has at least 30% of the board of directors composed of women, where a board exists; or
3. Be a SME benefitting women.

 - Your company would preferably be operating in one of the following sectors:

 - Agri-Business 
 - Agriculture
 - Artisanal
 - Beauty   & Wellness
 - Culture
 - Education
 - Energy
 - Environment
 - Financial     Services

 - Health

 - Housing Development
 - IT & BPO
 - Manufacturing 
 - Infrastructure and   Facilities Development

 - Sanitation

 - Textile & Apparel

 - Tourism
 - Transport & Logistics

 - Water

 

 

 

 

 


 


 

 

Benefits for women-owned small and medium-sized enterprises (SMEs) and SMEs benefiting women:
- Access to a range of local, regional and global investors and impact investors

- Access to capacity-building/technical assistance from ITC

- Increased level of competitiveness and a deeper understanding of business practices, trade and investment

APPLY HERE by filling out the survey in your preferred language (*existing applicants should only apply again if their details have changed): 

English: https://www.surveymonkey.com/r/92VJ5S3

French:  https://www.surveymonkey.com/r/D2JJRV7

Spanish: https://www.surveymonkey.com/r/Y76HPBK

 Application Process for Investors

Conditions to apply:

- Financial institutions must be looking to invest particularly in small and medium-sized enterprises (SMEs) owned by women or SMEs benefitting women.

How to apply:

For investors who are interested to join SheTrades Invest and build a pipeline of women entrepreneurs, please send an email to  This e-mail address is being protected from spambots. You need JavaScript enabled to view it    

Benefits for investors and financial institutions:

- Support  the Sustainable Development Goals through a gender-lens investment approach;

Unlock an untapped trillion dollar market with an attractive risk and return profile; and

Build a pipeline with an investment-ready pool of diverse women–owned businesses from developing and emerging economies.

- SheTrades Invest has developed a comprehensive filtering mechanism that matches eligible women-owned businesses seeking for capital with investors. In addition, SheTrades provides technical assistance to improve the investment readiness of enterprises through online and in-person workshops, trainings, and mentoring.

- Connecting women entrepreneurs with investors will address and contribute to four important Sustainable Development Goals of the United Nations (SDG 1: No poverty, SDG 5: Gender Equality, SDG 8: Decent work and Economic Growth and SDG 17: Partnership for the goals) by:

1. Educating women entrepreneurs on business practices and requirements for participation in trade;

2. Driving competitiveness of Women Business Enterprises;

3. Bridging the gap in access to financial services for women entrepreneurs and reducing gender inequality;

4. Connecting women-owned businesses with investors;

5. Investing in women’s economic empowerment and promoting an inclusive economic growth;

6. Unlocking a largely untapped trillion-dollar market with a potentially attractive risk and return profile.


 

 

Government secures agriculture commercialization funding

The Minister of Agriculture, Irrigation and Water Development Honourable Kondwani Nankhumwa, last week opened the 16th National Agriculture Fair assuring stakeholders in the sector that funds to the tune of USD95.0 million to implement the Agriculture Commercialization Project across the country have been secured. The project which kicked off last year is currently selecting viable projects from farmer organizations for financing either through grants or partial credit guarantee, the Minister revealed.

 

In his remarks MCCCI President Prince Kapondamgamga said to attain sustainable and lasting solutions to promoting agriculture as a source of wealth, the grower must always make profit hoping that the funding government has secured will promote this.

 

 

 

 

Large-Scale Land Based Investments (LSLBI) platform in Malawi

The Large-Scale Land Based Investments (LSLBI) platform in Malawi is a multi-stakeholder platform that has been recently formed this year with an aim to provide space for dialogue for profitable, responsible and inclusive large-scale land-based investments in Malawi.

The formation of this platform was spearheaded and incubated by Oxfam in Malawi, following an international learning event that was organized by Interlaken Group.

The platform brings together representatives from government, companies, communities, traditional leadership and civil society organisations (CSOs). The Platform is currently headed by Malawi Confederation of Chambers of Commerce and Industry.

The Platform seeks to achieve the following outcomes:

• Reduced land conflicts resulting from LSLBI (co-existence between communities and the investors)

• Improved land registration systems and compliance to legislation regarding the LSLBI, including land use adherence

• Improved awareness among communities, private companies and CSOs on the new land related policies and laws in relation to Large-Scale Land-Based Investments As one of the ways in sharing best practices in responsible and inclusive investments,

The LSLBI Platform hosted a public event on 12 September to launch and discuss a case study that analyses the Phata Sugarcane Farmers’ Cooperative Irrigation Outgrower Scheme in Chikwawa. The in-depth case study on Phata Cooperative was done this year by Landesa (a US-based NGO focused on land rights) and LandNet (a Malawian NGO focused on land rights).

It analyses key features of how the Phata cooperative was designed, how it is being managed, and the results. The model shows, starting from 2011, how some members of the Phata community consolidated many small family fields into large blocks under the control of the cooperative. The cooperative receives technical and managerial support from Agricane – a local agriculture development company and investor. The cooperative sells the sugarcane produced under irrigation to Illovo.

The Phata model has lessons that show how farmers can organize themselves into cooperatives, scale up production, access infrastructure investment and partner with an investor for structured entry into the sugar market.

The LSLBI Platform hosted this event to launch this case study and to encourage debate and analysis of lessons learned that can be used for replication in other value chains. The event was supported by the Coca Cola Company and the Rights and Resources Initiative.

COMESA virtual Masters Degree launched

#COMESA launches a virtual Masters Degree programme at the #KenyattaUniversity in Kenya. https://www.comesa.int/2019/09/07/comesa-virtual-university-programme-kicks-off/

16th National Agriculture Fair

16th National Agriculture Fair Application

This year's #NationalAgricultureFair will be held under the theme #AgricultureCommercialization: #Basis for #Agri-#based #Industrialisation

National Agriculture Fair

 

Prepare to broaden your horizon at this year’s National Agriculture Fair, an agricultural exhibition hosted by MCCCI. The fair will run from the 25th until the 28th September 2019 at the Chichiri Trade Fair Grounds in Blantyre.

Register your participation by emailing:

This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 0999 361 132

 

Network, collaborate and innovate by showcasing your latest Agricultural services and products at the event.

 

Enhance your understanding of new trends and technologies of the sector that continues to be the backbone of our economy by patronizing the event.

 

Entry is free.

 

MCCCI: The voice of the Private Sector

More Articles...

Page 1 of 14

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>