Africa Trade Fund

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13-May-2015

Roundtable on African Continental Free Trade Area Calls for fresh solutions

A roundtable comprising trade experts in the public and private sectors met in Nairobi, Kenya, recently to discuss the Continental Free Trade Area (CFTA) as a catalyst to Africa’s economic development. The May 7 event was organized by the African Union Commission, the World Economic Forum and CNBC Africa. The discussions highlighted four critical issues: a 21st century trade and investment agenda for Africa; lowering tariff and non-tariff barriers; resolving the political and technical challenges in establishing the CTFA; and effective private sector engagement in the CFTA...
10-Apr-2015

AfTra and CBI join forces in spreading market information for African exporters on 25 EU sectors

The Africa Trade Fund (AfTra) will support the Centre for the Promotion of Imports from developing countries (CBI), in providing and disseminating critical European market information to African exporters. The market information, which is produced and periodically updated by CBI makes it easier for African exporters and Business Support Organizations to identify business opportunities in more than 25 European market sectors. Business opportunities in Europe Europe offers many opportunities for SMEs from Africa. On its website, CBI offers market information that helps companies seize...
12-Dec-2014

Continent prepares for the launch of the Africa Regional Integration Index

The African Development Bank (AfDB), the African Union Commission (AUC) and the United Nations Economic Commission for Africa (ECA) have joined forces to produce an Africa Regional Integration Index. The Index, the first systematic, quantitative, continent-wide monitoring system for regional integration in Africa, is designed to track the progress of African countries and regional economic communities (RECs) towards achieving their shared regional integration goals. It will also track and document the impacts of regional integration in Africa. The Index will help countries and RECs to...
30-May-2014

Faciliter le commerce en Afrique: à l’écoute des frontières - AA 2014

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11-Nov-2013

Program to support trade institutions launched in Liberia, a big push for sustainable growth

The African Development Bank (AfDB) and the Government of Liberia, represented by the Ministry of Commerce and Industry (MoCI), on November 5, 2013 in Monrovia, launched the “Programme of Assistance to Trade Support Institutions in Liberia” (PATSIL), to push the country’s agenda for sustainable growth and regional integration through trade. This comes barely a week after the eighth African Economic Conference concluded in Johannesburg with intense discussions focusing on facilitation of trade; the mobility of people, goods and services; political will and government leadership in...
08-Nov-2013

AfDB signs two trade-related programs worth $8.5 million with COMESA

A delegation from the African Development Bank led by Moono Mupotola, Division Manager, Regional Integration and Trade (ONRI), and Freddie Kwesiga, Resident Representative in Zambia, and comprised of Zambia Country Office, ONRI and Southern Africa Regional Resource Centre officials participated in the inauguration of two Bank-financed trade-related projects, namely: the Tripartite Capacity Building Programme (TCBP) and the COMESA Trading for Peace Project. Both projects were developed by the Bank and the three regional economic communities (RECs): East African Community (EAC), the Common...
30-Oct-2013

AEC 2013 - Interview with Moono Mupotola, Division Manager, Regional Integration and Trade at AfDB

There is a lot to tell about the African Development Bank’s (AfDB) role in Africa’s regional integration. Moono Mupotola, who, for the past four years, has pulled out all stops to deliver on the Bank’s vision in this area, says: “There is a wealth of ideas on how to integrate and boost intra-African trade and there is no need to re-invent the wheel.” You have led the Bank’s regional integration and trade division activities for the past few years. Can you take stock of the institution’s accomplishments in this area? My assessment of the Bank’s accomplishments in this area is that we...
09-Oct-2013

First Call for Proposals of Africa Trade Fund

The African Development Bank Group (AfDB) is pleased to announce the first call for proposals of the Africa Trade Fund (AfTra). Award amounts shall range from 50,000 USD to 1,000,000 USD per project. We invite African-based national and regional organizations and associations involved in trade development such as African government agencies, regional economic communities and private sector and civil society organizations located in Africa to apply. Bank organizational units (sector and regional departments, field offices) are also invited to apply. Under this call for proposals, the...
29-Jul-2013

Deux projets de la BAD primés par le Trésor américain pour leur impact sur le développement

17-Apr-2013

AfDB reinforces regional integration support with USD 232.5 million Tanzania-Kenya road financing

The African Development Bank has approved two loans totalling USD 232.5 million for the 157.5-kilometre road project from Arusha to Holili in Tanzania, and Taveta to Voi in Kenya, in an effort to reduce the cost of transport and enhance access to agricultural inputs, larger markets and social services within the East Africa Community. Kenya will receive USD 113.12 million of the two loans approved by the AfDB Board, while Tanzania will be awarded USD 120 million. The Bank facility constitutes 89.1 per cent of the total project cost. The project, which is expected to be completed by...