World News

AfDB, WTO, Other MDBs to Support Trade Finance amid COVID-19 Crisis

Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up their trade finance programs to support essential imports and key exports July 3, 2020/AfDB The African Development Bank Group (www.AfDB.org) has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that […]

European Travel Bans are counter-productive and hurting the Oil & Gas Sector’s ability to support Africa’s Economic Recovery

Restrictions of visa issuance are de facto preventing a lot of projects to move forward and to successfully contribute to the recovery of the continent July 2, 2020/AEC The continuation of travel restrictions and suspension of visas and travel between Africa and Europe is heavily restraining the oil & gas […]

Joint Statement by heads of multilateral development banks, WTO on supporting trade finance during the COVID-19 crisis

Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up trade finance programs to support essential imports and key exports July 1, 2020/ITFC The COVID-19 pandemic has provoked the deepest economic downturn of our lifetimes. In addition to the ongoing shocks to supply and demand, international trade […]