Kenya ramps up digital trade with new infrastructure drive
Kenya is moving fast to claim a bigger role in Africa’s digital trade, targeting infrastructure gaps and payment hurdles through state and international alliances.
Kenya is moving fast to claim a bigger role in Africa’s digital trade, targeting infrastructure gaps and payment hurdles through state and international alliances.
Liberia’s top customs official called for a move from paperwork to digital trade at a major industry event in Lagos, pressing for real change in cross-border cooperation with Nigeria.
Ethiopia has secured a currency swap agreement with China, enabling trade in Ethiopian Birr and Chinese Yuan as both countries seek to deepen economic ties and address foreign exchange shortages.
South Africa and Namibia have signed seven new agreements aimed at boosting trade, investment, and industrial growth. The move signals a stronger push for regional economic ties.
Africa’s infrastructure corridors are at a crossroads. Governments want to turn mineral wealth into regional industry, but face tangled governance and shaky financing.
The Port of Lamu just handled its biggest container vessel yet. The MV Hamouna unloaded 5,200 TEUs, putting Lamu ahead of Mombasa for single-vessel throughput.