Year 2024

Pakistan Govt Considering Shutting Down PASSCO

THE government is mulling over winding up Pakistan Agricultural Storage and Services Corporation (Passco) as its role in wheat procurement will come to an end after the proposed creation of a free market. Additionally, the government has decided to draw…

Nigeria Customs Revenue collection Hits ₦5.7 Trillion

THE Nigeria Customs Service (NCS) has reported a revenue collection of ₦5.7 trillion as of Tuesday, November 12, 2024. This announcement was made by the Comptroller-General of Customs, Adewale Adeniyi, during the 2024 Comptroller-General of Customs Conference taking place in Abuja on…

Turkey’s Exports to Africa hit $15bn in 2024

TURKEY’S exports to African countries exceeded $15bn between January and October 2024, reflecting a 1.8 percent rise in trade compared to the same period last year, according to Turkish Exporters Assembly (TIM) data compiled by Anadolu Agency. This boost in trade…

AfDB Invests $55bn to Boost Regional Connectivity

THE African Development Bank Group (AfDB) has invested $55bn over the past decade to strengthen regional connectivity across Africa, underscoring its commitment to continental integration and economic growth. Dr. Joy Kategekwa, Director of Regional Integration at the AfDB, shared this…

US Ambassador Meg Whitman Resigns After Trump Win

JUST days after Donald Trump’s victory in the US presidential election, Meg Whitman, the US Ambassador to Kenya, has submitted her resignation to President Joe Biden. In a statement on Wednesday, Whitman announced her departure, reflecting on her time in…

Ethiopia’s Dire Dawa Free Trade Zone Now Fully Operational

THE Ethiopian Industrial Parks Development Corporation (IPDC) has announced that Ethiopia’s first free trade zone, the Dire Dawa Free Trade Zone, is now fully operational. This development is set to attract international manufacturing companies to Ethiopia, strengthening the East African…