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SustainableGrowth

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Afreximbank Renews Partnership with African Association of Automotive Manufacturers (AAAM) to Promote industrialization of Africa’s automotive Sector

by ARPS Media

Afreximbank and AAAM renewed their MoU at IATF2025 in Algiers to boost Africa’s automotive sector through regional value chains, financing, and policy support, aiming to drive industrialization, create jobs, and reduce reliance on imported vehicles by 2035.

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Trade Minister Visits Jaeja Tomato Factory

by ARPS Media

Trade Minister Joof visits GACH Tomato Factory, affirming support for local agro-processing, job creation, food security, and sustainable growth.

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Nigeria’s Economy Grew by 3.13% in Q1 2025 Following a GDP Rebasing

by ARPS Media

Nigeria’s economy grew by 3.13% in Q1 2025, driven by a 4.33% rise in the Services sector, with updated GDP figures reflecting a 372.8 trillion naira economy, though below the 4.9% forecast, per the National Bureau of Statistics.

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FDI Flows into Africa Increased by 75% to $97 Billion in 2024, UNCTAD Report

by ARPS Media

The 2024 UNCTAD World Investment Report highlights a 75% increase in Africa’s FDI to $97 billion, led by Egypt’s urban project, with growth in North Africa, while global FDI dropped 11%, urging reforms for sustainable economic growth.

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Access Bank Gambia Has Acquired Standard Chartered, Establishing Itself Among the Top Four Banks in Gambia

by ARPS Media

Access Bank Gambia completes acquisition of Standard Chartered Bank, expanding to 11 branches and 22 ATMs with tech-driven financial solutions, earning the 2024 Euromoney Award for Best Bank in The Gambia.

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