April 2020

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Kenya slumps into first recession in two decades
Kenya’s economy slumped into a recession for the first time in almost two decades after GDP contracted for a second straight quarter in September 2020.Economic output shrank 1.1% in the third quarter, and 5.5% in the second quarter, according to a report released by the Kenya National Bureau of Statistics (KNBS) on Wednesday.The contraction was driven by a severe decline in the hospitality
Tom Collins • JanJanuary 28^th, 2021
TENDER: PRQ20180467 – TECHNICAL ADVISER TO SUPPORT IMPLEMENTATION OF TMEA TRADE AND LOGISTICS CLUSTER PROGRAMME IN EAST AFRICA
TRADEMARK EAST AFRICA (TMEA)RE- ADVERTISEMENTREQUEST FOR PROPOSALS (RFP)TENDER TITLE: TECHNICAL ADVISER TO SUPPORT IMPLEMENTATION OF TMEA TRADE AND LOGISTICS CLUSTER PROGRAMME IN EAST AFRICA TENDER NUMBER: PRQ20180467TradeMark East Africa (TMEA) is an organisation funded by a range of development agencies to promote regional trade and economic integration in East Africa. TME
MarMarch 8^th, 2019

Factoring – a valuable tool to boost trade
While factoring is employed as a trade finance tool in many parts of the world, it is not common practice in Africa. But the African Export-Import Bank (Afreximbank) has identified factoring as a valuable tool to underpin trade, particularly for small and medium size enterprises.Factoring is a technique where an enterprise sells its accounts receivable (i.e. invoices) to a ‘factor’ for immedia
AprApril 28^th, 2021
OCP Group executes ground-breaking intra-African trade transaction through blockchain
The Eastern and Southern African Trade and Development Bank (TDB) and OCP Group, the world’s largest phosphate mining and leading fertiliser company, are pleased to announce $400m-worth of fertiliser trade finance transactions executed via blockchain technology, $270m of which have already been completed, and the remainder to be executed in upcoming months.These transactions make OCP Group the
MarMarch 30^th, 2021

The OCP Foundation has launched ‘Restore Africa soils’, a dedicated science platform on soils monitoring and management
In the midst of the globally unprecedented Covid-19 pandemic and the lockdown of populations all over the world, the OCP Foundation, dedicated to developing African agriculture, is working to ensure the continuity of projects for its partners in sub-Saharan Africa. The OCP Foundation is committed to supporting partners in the areas of soil mapping for sustainable agricultural development in respon
DecDecember 17^th, 2020
Owning the digital journey
Jouk Pleiter is the CEO and co-founder of Backbase, a software company helping banks with their digital transformation. The current pandemic has highlighted the importance of digital solutions and will only accelerate the adoption of technology globally. As Pleiter explains, digital transformation is not so much a destination but rather a journey of continuous self-improvement. There’s a meme th
MayMay 8^th, 2020

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