Trade

Singapore and Ghana open applications for carbon credit projects

Eligible projects include cookstoves and green mobility solutions but not forestry and agriculture

Published on 29 Oct 2024

Singapore shipping firm expands Africa network with new inland corridors

PIL bolsters East and Southern African operations

Published on 23 Sep 2024

South Africa gains access to three Asian avocado markets

Japan, China, and India imported US$322m worth of avocados in 2023

Published on 23 Aug 2024

Singaporean shipper boosts West African operations with new vessel

Pacific International Lines is enhancing its shipping network across the continent

Published on 29 Jul 2024

Adani to manage Dar es Salaam Port Container Service

The Indian billionaire makes a US$39.5m investment as Tanzania becomes the second largest trading partner of India in Africa

Published on 24 Jun 2024

Ghana may soon offer carbon offsets to Singapore

Singapore firms can buy carbon credits to offset up to 5% of their taxable emissions

Published on 29 May 2024

Korean-made high-speed trains make debut in Tanzania as work on the US$10bn SGR project picks up speed

President Samia Suluhu Hassan has told the Tanzania Railways Corporation to commence service between Dar es Salaam and Dodoma by the end of July 2024

Published on 26 Apr 2024

Singapore trumps China to become the biggest exporter to Nigeria

A surge of defence equipment and vehicles imports from Singapore in Q4 puts the city-state in the top spot

Published on 26 Mar 2024

Malaysia considers setting up palm oil export hub for Africa in the Suez

Africa accounts for 16% of Malaysian palm oil exports but competition is stiff

Published on 26 Feb 2024

Ethiopia Somaliland MoU stirs a hornet nest in the horn of Africa

Somaliland offers Ethiopia coastal access in hope of recognition, Somalia threatens war

Published on 29 Jan 2024

Singapore trader Valency to expand cashew operations in Nigeria

Only 16% of Nigeria's cashew exports undergoes processing

Published on 25 Dec 2023

Tata International secures space in Lagos Free Zone

Top Indian conglomerate to invest in the Nigerian special economic zone established by Singapore-based Tolaram Group

Published on 28 Nov 2023

South Africa records a four-fold spike in solar imports from China

Businesses and households are turning to off-grid solutions as power cuts roll on

Published on 23 Oct 2023

African business bullish on single market even as trade challenges remain

Standard Bank survey says lack of foreign exchange is a key impediment to intra-Africa trade

Published on 27 Sep 2023

Zimbabwe to start exporting citrus to China

Access to the US$450m citrus market is a big boost for Zimbabwe agriculture

Published on 30 Aug 2023

Singapore and Rwanda partner for SME trade growth

The Rwanda Imbaraga SME Ecosystem (RISE) seeks to enhance trade finance

Published on 27 Jul 2023
close-up of avocados harvested by a farmer from her plantation in Africa

Singapore shipping firm PIL facilitates Kenya-Asia avocado trade

Growing appetite for Kenyan avocados in Asia

Published on 20 Jun 2023

Egyptian strawberries gaining ground in Asia

Cairo displaces Rabat as the leading supplier of frozen berries to China and other markets

Published on 29 May 2023
Indian rupees

Tanzania joins a growing list of African states to trade with India in Rupee

Rupee trade to reduce conversion costs and mitigate foreign exchange risk

Published on 21 Apr 2023

Asian defence industry makes inroads into Africa

China, India, and South Korea vie for a share of the US$40bn African defence pie

Published on 27 Mar 2023

Trafigura secures diesel supply contract in Angola

Angola reliant on fuel imports despite being one of Africa's top oil producers

Published on 23 Feb 2023

Ethiopian Airlines to resume direct flights to Singapore

Resumption of flights could signal strengthen trade ties

Published on 26 Jan 2023

Chinese demand for cocoa, fruits, and nuts to increase African agricultural exports

China has set a goal to increase agricultural imports from Africa to US$300bn in the next three years

Published on 15 Dec 2022

Monetary Authority of Singapore seeks to unlock trade with Ghanaian SME

The Ghana Integrated Financial Ecosystem (GIFE) project aims to boost commerce between the two countries through financial capacity building and guarantees

Published on 21 Nov 2022

Indian rice export ban opens the African market for Thailand and Vietnam

But it is unlikely the two Asian rice growers will be able to meet the demand

Published on 26 Oct 2022
Pile of discarded auto tires

South Africa imposes anti-dumping duty on Chinese tyres

Local manufacturers welcome the move but consumers fear further inflation

Published on 22 Sep 2022
A tea picker with tea leaves in her hands on tea plantation

Economic pain in Pakistan threatens Kenyan tea industry

Pakistan is the biggest buyer of Kenyan tea, but now wants to cut imports

Published on 17 Aug 2022

WTO package aimed at addressing third world food insecurity and access to Covid-19 vaccines

The agreements could help stem illegal fishing in African waters and end the shortage of vaccines

Published on 25 Jul 2022

East African Community to raise common external tariff for finished goods

The new common schedule aims to promote manufacturing and job creation in the region

Published on 23 Jun 2022
Online seller preparing parcel for shipping.

African e-commerce goes in overdrive

Connectivity and internet penetration have overlapped with changing consumer behaviour to create a boom

Published on 20 May 2022
farmer in wheat farm

Kenyan millers want the ban on Indian wheat lifted

The call comes in the wake of supply disruptions caused by the Russian invasion of Ukraine

Published on 18 Apr 2022

Trade in African metal and minerals gathers momentum

Commodity traders look to Africa as sanctions hit Russian exports

Published on 24 Mar 2022

Europe promises to mobilise up to US$170bn in Africa

Western response to the growing influence of China could benefit Asian firms

Published on 22 Feb 2022

Tanzania to double meat exports by 2025

Africa’s second largest livestock keeper is trying to enter the Middle East market

Published on 03 Jan 2022

Angolan port chosen for IMO-Singapore maritime single window project

The pilot project promises to make trade efficient

Published on 29 Nov 2021

Trade opportunities with the Democratic Republic of Congo (DRC)

Despite political instability, weak governance, and poor infrastructure, trade with the DRC is growing.

Published on 08 Nov 2021
Businessmen making handshake - business etiquette, congratulation, merger

Due diligence digital platform could boost East Africa trade

Rwanda may benefit most as East Africa adopts a digital Know-Your-Customer (KYC) tool that promises to ease cross border trade.

Published on 26 Oct 2021

Intra-Africa trade is boosting investments in transport and logistics startups

2021 is set to break the 2020 record of US$200m.

Published on 24 Sep 2021
Shipping port at dawn

Africa takes a big small step towards single market

On 1 Jan 2021, the African Continental Free Trade Area (AfCFTA) became operational. There are many expectations globally on this continental free trade agreement's potential success.

Published on 01 Feb 2021
Men shaking hands during a meeting in outdoors background

Trade acquires momentum in Africa

Improving trade is a top priority for Africa. But there is still a long way to go before cross-border trade contributes more significantly to the continent’s growth and prosperity.

Published on 03 Dec 2020