Browsing: Africa Import-Export Bank

The much acclaimed African Continental Free Trade Area (AfCFTA) that came into being last year may just have saved Africa from the new unfolding World trade order. Photo/UN

AfCTA Presents Golden Opportunity for Africa to Trade Equally with MNCs

Regional Markets
  • The change in patterns of trade triggered by these two major events is now forcing the MNCs to go back to the drawing board.
  • MNCs need to reconfigure their trade routes. They have to re-lobby for assured capital and they have to broker new destinations for their goods.
  • With the changing global trade polarities, the MNCs are rethinking China, and eyeing future giants like Africa. 

The much acclaimed African Continental Free Trade Area (AfCFTA) that came into being last year may just have saved Africa from a new world trade order.

Thanks to the global pandemic and then the Russia-Ukraine war, the plate tectonic of global trade is shifting. The resulting divergence and convergence are squeezing and pulling in different directions.

Multinational Companies (MNCs) have, for the last three decades or more, controlled trade. These international corporations have enjoyed the fruits of globalization more than any other business entity.

They

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Nairobi based development banker joins Beyond Capital board

Kenya

Beyond Capital, an impact investment fund that partners with portfolio companies in East Africa and India, has recently added to its diverse and accomplished Board of Directors.

With the appointment of Nairobi-based development banker Samuel Mugoya, Beyond Capital will expand its presence and impact in the East African region. Samuel joins a multicultural group of professionals hailing from the financial, legal, and entrepreneurial sectors, that have volunteered to serve as directors and share their diverse experiences to ensure that Beyond Capital optimizes its impact in East Africa and India.

“Our Board of Directors is an integral part of Beyond Capital’s mission of partnering with social enterprises that are finding sustainable ways to solve some of the world’s most pressing problems,” said Eva Yazhari, CEO of Beyond Capital. “Each board member provides their own mindset and invaluable contributions based on their extensive business backgrounds and personal passions.”

Beyond Capital as an …