#trade

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.

The Dar es Salaam International Trade Fair (DITF) has significantly impacted Tanzania's economy over the past 50 years, creating over 600,000 jobs and attracting millions of visitors. This event serves as a crucial platform for trade, investment, and economic diplomacy, according to TanTrade Director General Dr. Latifa Khamis.

The Dar es Salaam International Trade Fair, held at the Sabasaba exhibition grounds, has transformed over the past 50 years into a significant platform for trade, investment, and economic diplomacy in Tanzania. It has generated business opportunities valued at approximately 129.23 trillion Tanzanian shillings and has facilitated connections between Tanzania and both regional and global markets, according to Daily News.

Economic experts have characterized Mozambican President Daniel Chapo’s visit to Tanzania as a significant chance to enhance trade, draw investment, and promote regional economic integration. During his speech at the 50th Dar es Salaam International Trade Fair, President Chapo emphasized the importance of collaboration between the two neighboring countries.

President Yoweri Kaguta Museveni met with The Rt. Hon. Baroness Chapman, the UK Minister of State for International Development and Africa, at State House in Entebbe. They discussed enhancing the longstanding partnership between Uganda and the UK, focusing on investment, trade, and economic cooperation.

The Federal Government of Nigeria has initiated the rehabilitation of key roads in Borno State, specifically the Bama-Banki Road and Dikwa-Gamboru-Ngala, to enhance trade corridors. According to Shettima, these road projects are expected to stimulate commerce and aid in the post-insurgency recovery of the northeastern region.

The Tanzanian government has urged local traders and investors to seize economic opportunities in China to enhance their businesses and increase exports of domestic products. This call was made by Deputy Minister of Industries and Trade, Dennis Londo, during the launch of Service Day organized by the Tanzanian Embassy in China.

The Tanzanian government has encouraged local entrepreneurs and investors to capitalize on the expanding economic opportunities in China to enhance their businesses and boost exports of domestically produced goods. This appeal was made by Deputy Minister for Industry and Trade, Dennis Londo, during the launch of a Clinic Day organized by the Embassy.

By 1870, French merchants were trading alongside British merchants on the Niger River. To reduce competition and enhance profits, British firms merged in 1879, forming the United. This strategic move aimed to present a unified front against their French competitors, according to Tribune Online.

President Tinubu has launched N137 billion worth of road projects in Borno, aimed at enhancing trade and security in the region. He emphasized that the significance of promises is realized when citizens can utilize the roads for transportation of goods and personal connections, contributing to improved safety and living conditions.

The European Bank for Reconstruction and Development (EBRD) plans to invest $1.5 billion in Nigeria over the next three years. According to the managing director, these investments aim to facilitate trading activities by providing easier access to pre-import and post-export financing for importers and exporters in the country.

Kenya is actively seeking to enhance its local industrial production by courting Chinese manufacturers, as stated by Zhang Dong, President of the Kenya Chinese Chamber of Commerce (Shandong). The recent exhibition aims to strengthen commercial ties between businesses in Kenya and China.

In 2025, Nigeria experienced a 21% increase in intra-African trade, reaching a total of $9.02 billion. This growth is attributed to the ongoing implementation of the African Continental Free Trade Area (AfCFTA), which has facilitated new export opportunities and enhanced regional commercial integration by allowing businesses to benefit from preferential market access and reduced trade barriers, according to the latest African Trade Report.

Nigeria is advocating for a cross-border payment system that eliminates the need for third-party currencies, according to Techpoint Africa. The discussion includes the recent approval of Yellow Card in Switzerland and Daya's successful fundraising of $2.4 million aimed at developing stablecoin payment infrastructure.

The East African Community (EAC) has outlined its new budget of $110.8 million, focusing on trade, monetary union, and peace. Key priorities include accelerating the East African Monetary Union by harmonizing fiscal and monetary policies, operationalizing the East African Monetary Institute, and integrating regional payment systems.

The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has proposed the establishment of a unified African cocoa producers' bloc and a minimum floor price of $6,000 per metric tonne. This initiative aims to enhance production coordination and strengthen the bargaining power of farmers across Africa, addressing concerns over foreign control in the industry.

Femi Pedro, the former Deputy Governor of Lagos State, has officially taken office as Nigeria's High Commissioner to Australia. He has committed to enhancing economic cooperation and increasing trade between Nigeria and Australia.

Festus Keyamo, the Minister of Aviation and Aerospace Development, stated that the Nigeria–East-Southern Africa Air Cargo route will enhance air connectivity and unlock Africa's trade potential. This initiative aims to improve trade across the continent by facilitating better logistics and transportation options.

Several leading Algerian companies are looking for partnerships in Tanzania's manufacturing and agricultural sectors, driven by Tanzania's growing reputation as a promising investment destination in Africa. This interest was highlighted during the ongoing 57th Algiers International Fair (FIA), where Tanzanian representatives are promoting opportunities for trade and investment.

Pakistan is looking to capitalize on the improving relations between the US and Iran, viewing it as a strategic opportunity that could enhance its trade, provide better access to energy, and restore its significance in the region. This potential shift in dynamics could benefit Pakistan economically and politically, according to Al Jazeera.