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MANSA: a continental platform for assessing the reliability of African businesses

Wednesday, 29 September 2021 13:32

One of the main challenges that African economic operators face when engaging with potential business partners in the continent is the need to verify the identity of their counterparts and assess their level of reliability before entering into business negotiations or in a partnership. Some African countries offer today specific tools for conducting background checks aimed at assessing the reliability of potential trading partners in other States, to minimize cases of frauds in international transactions.

The Pan African Payment and Settlement System (PAPSS) goes online

Tuesday, 28 September 2021 14:02

The Pan African Payment and Settlement System (PAPSS) developed by Afreximbank is a centralized payment, clearing and settlement system for intra-African trade payments that was adopted as the payment and settlement system to support the implementation of the African Continental Free Trade Area (AfCFTA) during the 12^th Extraordinary Session of the Assembly of the AU held in Niamey, Niger in July 2018 (Assembly/AU/Dec.1(XII)).

Four African countries posed to exit from the LDC category

Tuesday, 28 September 2021 09:16

Least developed countries (LDCs) are low-income countries facing severe structural impediments to sustainable development. Being highly vulnerable to economic and environmental shocks and having low levels of human assets, they are granted with exclusive access to certain international support measures, in particular in the areas of development assistance and trade.

Kenya to resume mangoes exports to the European market

Tuesday, 28 September 2021 06:47

Mangoes are notoriously considered as a high-risk fruit because of their attraction to fruit flies (Tephritidae). In order to be imported in the EU, the exporter has to obtain a phytosanitary document from the National Plant Protection Organization (NPPO) in his country (that in case of Kenya is the Kenya Plant Health Inspectorate Service, KEPHIS). The phytosanitary certificate, which states that the fruit is pest-free, must be transmitted to the importer in the country of destination of the shipment and submitted to the phytosanitary authorities for approval.

African ports affected by low connectivity to maritime transportation networks

Thursday, 23 September 2021 07:28

The port connectivity is an index that measures how well a port connects to others in the maritime transportation network and its ability to be reached by regular liner services. This index can help both port operators and ocean liners to better plan their positioning and market strategies.

News

MANSA: a continental platform for assessing the reliability of African businesses

The Pan African Payment and Settlement System (PAPSS) goes online

Four African countries posed to exit from the LDC category

Kenya to resume mangoes exports to the European market

African ports affected by low connectivity to maritime transportation networks

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