African Export-Import Bank (Afreximbank)’s Post

"Africa is not just the next frontier. It is the now frontier. It is the future,” declared Botswana’s President, Duma Boko, during an interview with CGTN on the sidelines of the World Economic Forum in Davos, on Wednesday, 22nd January, 2025 His statement highlights Africa’s growing importance on the global stage, emphasizing its potential as a driver of innovation, investment, and growth. Do you agree that Africa is already shaping the future? --- This video is credited to CGTN Europe

++ President Cyril Ramaphosa Champions Stronger South Africa-China Economic Ties at Business Forum ++ In a keynote address at the Africa-China Business Forum held in China, South African President Cyril Ramaphosa highlighted the critical importance of strengthening trade and investment ties between South Africa and China. The forum, hosted on the sidelines of the Forum on China-Africa Cooperation (FOCAC) summit and a State Visit, provided an opportunity for business leaders and policymakers to discuss avenues for collaboration in key sectors. President Ramaphosa emphasized South Africa’s diversified and advanced economy, underlining its strategic position as a gateway for Chinese companies looking to expand into the African continent. He noted that China remains South Africa’s largest trading partner, with bilateral trade growing by a third since 2019. South Africa primarily exports minerals and agricultural products to China while importing mainly manufactured goods. #techafricanews #africa #southafrica #advanced #economy #collaboration #cooperation #key #sectors

Strengthening bilateral trade and investment continues to take centre-stage as America intensifies it’s stance on growing trade volumes with East Africa. I had an interesting chat with Maxwell Okello, CEO, American Chamber of Commerce on which areas is the USA looking to expand investments into the continent and what is the present status of the strategic trade and investment partnership Mark-Anthony Johnson Adan Mohamed EGH Musalia Mudavadi Wamkele Mene #AMCHAM #USA #AGOA #Trade #Kenya #Africa

A lot has changed in the cross-border investment field between Switzerland and China after Covid. The mood has changed from one of initial hesitation to one of an upswing. "From the Great Wall to the Alps: Cross-border Investment Between China and Switzerland" ----> Read in this exclusive interview with VISCHER about Chinese investment in Switzerland and Swiss companies going to China – and what has changed in recent years. #sccc #china #switzerland #sinoswiss #economy #business #trade #economicpromotion #bilateralrelations #buildingbridges #chinastrategy #chinabusiness #chinaeconomy #chinadevelopment #strategy #schweiz #crossborder #investment #investinchina #investinswitzerland Felix Sutter Sisan Tang Beilun Wei 魏北伦 Bin ZHOU Alexandre Gaillard Alex Chung Swiss-Chinese Chamber of Commerce (SCCC) Jingjin Guo Marcel W. Schmid Gino Giuliato Lukas Zuest YAO Qinqin VISCHER Janine Voillat

#WestAfrica is home to vibrant economies, diverse cultures, and abundant #trade opportunities. The West African Competitiveness Observatory can help foster collaboration across 16 nations, driving the region toward greater competitiveness and prosperity. What does it do? 🔷 Trade Competitiveness Monitoring: Assessing trade strengths to stay competitive 🔷 Regional Value Chain Integration: Enhancing collaboration to add value and create jobs across the region 🔷 Business Matchmaking: Helping companies across the region find the right partners and opportunities Try it out today: https://lnkd.in/gHE6kZjT

🇦🇷🇨🇳 Argentine President Javier Milei’s meeting with President Xi Jinping marks a shift from his campaign promise to “freeze relations” with China. It’s a clear sign that reality is shaping his foreign policy. In an article I co-authored with Salvador Lescano for The Diplomat last year (linked in the comments 👇 ), we explained why cutting ties with China has always been unfeasible for Buenos Aires. Here’s a quick breakdown: 💰 China is a key financial backer for Argentina, especially through currency swap agreements that help stabilise the country’s reserves. 🌾 As Argentina’s second largest trading partner, China plays a huge role in the economy—especially for agribusiness, a major pillar of Milei’s support. ⚖️🇺🇸 Even with Milei’s strong alingment with Trump and the US, Argentina needs to balance relations with both superpowers to protect its interests, especially given how unlikely it is that Washington can match much of what Beijing offers, particularly in areas like infrastructure development. This pragmatic shift shows how Argentina, a relatively minor geopolitical player, must adapt to systemic realities. In the end, I think this is net positive for Argentina’s economy. What do you think about this move? Drop your thoughts below or feel free to reach out!

🌟 Insights from Dr. Dr SOK Siphana's Keynote at the Australia-ASEAN Business Forum! 🌏 Some key points from Dr. Sok Siphana’s keynote at the Australia-ASEAN Business Forum! His speech really shed light on the strategic partnership between ASEAN and Australia, and how RCEP is shaping the future of our region. 🚀 Here are the top 5 highlights: 1️⃣ RCEP’s Economic Powerhouse: RCEP is the world’s largest trade agreement, covering 15 countries and nearly 30% of global GDP. 🌍 It’s a game-changer for regional growth, driving economic activity and resilience across ASEAN. 2️⃣ Australia-ASEAN Collaboration: With 72 years of strong ties, Australia and ASEAN are more connected than ever. 🇦🇺🤝🌏 Dr. Sok highlighted how RCEP aligns with Australia's support for multilateral trade and regional integration. 3️⃣ Cambodia’s Export Boost: 🚀 Since RCEP’s implementation, Cambodia has seen a 13% increase in exports to RCEP member states, showcasing the tangible benefits of this agreement. 📈 4️⃣ Future Growth Opportunities: The forum spotlighted potential areas for deeper collaboration between Australia and ASEAN, particularly in manufacturing, services, technology, and innovation. 🔧💼💻 5️⃣ Australia-ASEAN Centre: Dr. Sok mentioned the newly established ASEAN-Australia Centre, which aims to promote cultural exchange and strengthen people-to-people ties. 🎓🤝 This is a big step towards a more connected future! Great work by Francis Wong, OAM OSJ and the Australia-ASEAN Business Forum team! #AustraliaASEAN #RCEP #RegionalGrowth #Trade #Cambodia #EconomicPartnerships #LinkedInInsights

#analysis: Nairobi to host world chambers federation Africa Summit in April January 14, 2025 "The African continent is set to showcase its prowess in global trade at the upcoming Africa Summit this April 9-11, 2025. WCF Africa Summit: Africa Global Future: Integrated, innovative, and sustainable." https://lnkd.in/dUAPTm48 #perspective Kenya is set to host its first major Global conference since the youth protest mid last year, that spooked many potential investors, and diverted large events from Nairobi, resulting in the loss of millions. The inaugural Africa Summit of the world chambers Federation and the Kenya Chamber of Commerse in April 2025 is projected to attract 1 billion shillings in direct foreign investment Africa's private sector will be in Nairobi for talks on how to improve intra Africa trade which is between 15 and 16%; the agenda will be on how Africa can increase Africa trade through africa continental trade area, which countries in Africa has signed. Africa is at a GDP of 3.4 trillion, with a population of 1.3 billion; compared to India's GDP at 3.55 trillion USD with a population of 1.429 billion. India also has the advantage of being a single business territory, and free from hostile malign influences, that have starved, destabilised and crippled Africa's development. Collective West tried to suppress Kenya's development. The country is home to Jacobites. The Luo are Jacobites, Biblical name for descendants of Jacob.The Luo population in Kenya in 2019 was 5,066,966, making them the fourth largest ethnic group in the country. In 1745, Prince Charles Edward Stuart (better known as Bonnie Prince Charlie) launched an attempt to reclaim the throne his grandfather, King James VII of Scotland and II of England, lost in 1688. Those who continued to support the exiled James II, Jacobus being the name in Latin, became known as "Jacobites". The term "Jacobite" can refer to a member of the Syrian Monophysitic church or a supporter of the exiled Stuarts. The term may also have emotional connotations from the story of Jacob in Genesis. Collective West has been running anti Kenya propaganda since the 60s, pursing a policy of divide and rule, this structure has Collapsed. Kenya has become a beacon of hope for decolonisation of Africa's development, and institutions. Collective West has spent millions seeking to isolate Kenya, because of it's luo population. Collective West has realised that the hate campaign against President William Ruto and Former Prime Minister Raila Odinga through the promotion of Colourism is offensive, a threat to Cohesion and National security. Togo and Equatorial Guinea are in the Agunda territory; are backing Raila candidature to the African Union Commission. Agunda or Amaros are descendants of Afro-Brazilian slaves who left Brazil and settled in Nigeria, Benin, and Togo. They are also known as Brazilians in Nigeria. Agunda Surname; most prevalent in: Kenya; and Highest density in Kenya.

❇️ Towards a #UnifiedMarket: A Vision for Economic Integration and Global Competitiveness. Dear readers, In an increasingly interconnected world, the potential for economic collaboration across regions is more significant than ever. As we navigate the complexities of global markets, I propose a strategic approach to creating a single market that can drive growth, innovation, and prosperity across multiple regions. ⏺️ Phase 1: Unified Market in the Gulf Cooperation Council (GCC). Focus on Gulf countries to establish a unified market by: - Standardizing Currencies: Equalizing currencies to facilitate trade and investment. - Enhancing Trade Relations: Empowering businesses to expand across borders. - Attracting Investment: Creating a more attractive environment for foreign investors. ⏹️ Phase 2: Expansion to the European Union and North Africa! Integrate the EU and North African countries to create a market of over 770 million people, leading to: - Diverse Economic Landscape: Driving innovation and new trade avenues. - Strengthened Supply Chains: Enabling efficient sourcing and increased competitiveness. - Cultural Exchange: Fostering collaboration among nations. ⏺️ Phase 3: Broader Integration to the Middle East and Europe Expand the market to include more countries, aiming for a bloc of over 1.2 billion people with benefits such as: - Global Competitiveness: A larger, unified market will enhance the global competitiveness of member countries, Importantly, this could provide a significant opportunity to challenge the dominance of the US dollar by fostering a regional currency that facilitates trade among member nations. - Shared Resources: Promoting innovation and economic resilience. - Sustainable Development: Encouraging long-term viability and environmental stewardship. 🔄 The creation of a unified market is not just a lofty goal; it is a necessary step toward economic prosperity and stability in an ever-changing world. By working collaboratively, we can lay the groundwork for a thriving economic future that benefits not only our regions but also the global community. With the potential to create a competitive alternative to the US dollar, this initiative could reshape global trade dynamics and empower member nations to negotiate from a position of strength. I invite policymakers, business leaders, and stakeholders to join me in this vision. Together, we can turn this idea into reality, creating a powerful economic bloc that fosters growth, innovation, and collaboration across borders. Regards, Davide Borgoni aka David_Borg Entertainment Advisor, Artistic Director, and Cultural Developer for the Middle East #EconomicIntegration #GCC #EU #NorthAfrica #UnifiedMarket #GlobalEconomy #Collaboration #Sustainability #SaudiProjects #MBS #Innovation #SaudiVision2030 #Vision2030 #Culture #KAFD #Qiddiya #NEOM #Diriyah #RedSeaGlobal #NewMurabba #Riyadh #Jeddah #Tabuk #KSA #PIF #Future #SaudiArabianDream

To safeguard their economies, African leaders must diversify trade partnerships with regions such as China, EU, India, Turkey, the Gulf States and members of the BRICs. https://lnkd.in/ePe5vajp | Agnes Gitau