The Nigeria Customs Service (NCS) and the African Export-Import Bank (Afreximbank) have reaffirmed their commitment to enhancing cooperation to promote cross-border trade and support the implementation of the African Continental Free Trade Area (AfCFTA). This renewed partnership was emphasized during a working visit by the President and Chairman of Afreximbank, according to Vanguard.

CogniRep Strategies Holding Co. has launched Nigeria's first artificial intelligence-powered media marketplace, featuring three platforms designed to enhance transparency, institutional trust, and cross-border commercial partnerships between the United States and Africa. The initiative emphasizes the importance of trust in fostering trade, beyond just financial capital, according to the company.

EdenCare, a digital health insurer based in Rwanda, has secured €250,000 from Proparco, a French development finance institution. This funding is intended to enhance access to affordable, technology-driven healthcare coverage in East Africa, particularly in Rwanda and Kenya, where there are significant gaps in insurance coverage. The investment will facilitate EdenCare's expansion into these markets.

On July 2, the Dar es Salaam Stock Exchange (DSE) held the second day of the 13th Building African Financial Markets (BAFM) Forum, focusing on topics such as state-owned enterprise listings, Environmental, Social, and Governance (ESG) criteria, digital transformation, sustainable finance, Exchange-Traded Funds (ETFs), and cross-border market development in Africa. The Tanzanian government announced plans for 4 to 5 new companies to be listed at the DSE.

Dan Aibangbe examines how United Capital's expansion is influencing investment banking in various African markets, highlighting its impact on regional growth in this sector. The analysis focuses on the company's strategic moves and their implications for investment banking across the continent.

The Securities and Exchange Commission (SEC) of Nigeria has approved Koinkoin Global Network Limited, GIGX Technologies, Blockvault Custodian Ltd, and six other Virtual Asset Service Providers (VASPs) for its Accelerated Regulatory Incubation Programme (ARIP). This Approval-in-Principle allows the nine entities to commence operations within the SEC's regulatory sandbox.