Press Releases

Russia wants more profound trade relations with Africa

(MENAFN) Africa is becoming an increasingly vital market for Russian exporters, offering substantial room for growth, according to Tatyana An, Vice President of the Russian Export Center (REC). Speaking at the INNOPROM-2025 industrial expo in...

Russia sees Africa as great coal shipments market

(MENAFN) Russia sees Africa as a promising market for its coal exports, potentially becoming the third-largest destination after China and India, according to Deputy Energy Minister Dmitry Islamov in a TASS interview. With Africa’s population...

Members explore technology transfer case studies, patent information, trade-related IP data

Discussions at the meeting saw a high level of engagement by delegations. Members highlighted how voluntary technology transfer to developing economies can boost innovation, productivity and development, drawing on sectoral case studies. They also...

SGS Supports Cameroon’s Enforcement of Product Conformity for Imports

GENEVA, SWITZERLAND, July 3, 2025 /⁨EINPresswire.com⁩/ -- SGS, the world’s leading testing, inspection and certification company, has announced the Republic of Cameroon’s reaffirmation of its Pre-Shipment Evaluation of Conformity (PECAE) program,...

Project Financing and Key Long Lead Contracts Confirm Schedule for First Bauxite Shipment in 1H 2026

Highlights Credit facility secured from AFG Bank Cameroon (~US$140M), together with proceeds from the recent option exercise by Eagle Eye Asset Holdings Pte Ltd (EEA) (A$15.8M), has paved the way for the purchase of long lead items and appointment...

Michigan-Cameroon Partnership Creates Opportunities for Women Entrepreneurs and Economic Growth Across Two Continents

Historic MoU signing opens new markets for Michigan businesses while driving capacity building in Cameroon DETROIT, MI, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The groundbreaking Memorandum of Understanding signed between the Michigan...

DDG Hill: WTO members’ engagement vital to unlocking the benefits of digital trade

In her closing remarks, DDG Hill noted that digital technologies were powering the global economy, including international trade. Citing WTO data, she highlighted the dynamic growth of digitally delivered services exports, which in 2024 accounted...

WTO members review six regional trade agreements, discuss transparency issues

The Committee considered the following Agreements: The Chair of the Committee, Ambassador José Valencia of Ecuador, noted that 61 RTAs in force have still not been notified to the WTO up to 2 June 2025 — up from 58 RTAs on the previous list. The...

Russian fertilizer company increases ship-outs to Africa

(MENAFN) Uralchem, one of Russia’s leading fertilizer producers, has announced plans to significantly increase its fertilizer exports to Africa, aiming to reach 5 million metric tons annually by 2030. The company’s CEO, Dmitry Konyaev, outlined...

Cameroon: Clashes leave several separatist fighters dead

(MENAFN) Recent confrontations in the troubled English-speaking Northwest region of Cameroon have resulted in the deaths of at least nine separatist fighters, according to local security sources. An army official, who requested anonymity, stated...

DG Okonjo-Iweala welcomes calls of support for WTO, urges meaningful MC14 outcomes

DG Okonjo-Iweala said that during her recent mission to New York to attend the UN General Assembly, leaders, ministers and stakeholders all expressed sentiments of support for the organization. "I was heartened by the amount of unwavering support...

Fatal Multi-Vehicle Crash in Cameroon Kills Seven

(MENAFN) At least seven fatalities were confirmed Tuesday following a multi-vehicle collision in Cameroon, authorities reported. The deadly incident unfolded on a busy highway in the Matomb area within the Nyong-et-Kelle department, part of the...

Turkish Furniture Exports Gain Momentum in Africa, Asortie Among Leading Contributors

Turkey strengthens its position in Africa’s growing furniture market, with Asortie delivering projects in over 15 countries across the continent. ISTANBUL, ISTANBUL, TURKEY, September 29, 2025 /⁨EINPresswire.com⁩/ -- Furniture exports from Turkey...

Ethiopia’s WTO accession process enters decisive phase

The high-level Ethiopian delegation in Geneva, led by Minister Kassahun, consisted of 18 senior government officials from the Steering Committee on Accession and experts from ministries and government agencies. Other government officials...

Facet Power and PAMOL Plantations Sign MOU to Support Climate Resilience, Food Security, and Economic Growth in Cameroon

Catalyzing climate-positive innovation, natural capital and community regeneration, and inclusive opportunities for climate prosperity. WILMINGTON, DE, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a landmark partnership, Facet Power,...

Maryland Man Indicted for Conspiring to Provide Material Support to Armed Separatist Fighters to Murder, Kidnap, and Maim Individuals in Cameroon and For Making Threats

A federal grand jury in Baltimore returned an indictment yesterday charging a Cameroonian national, Eric Tataw, also known as “the Garri Master,” 38, of Gaithersburg, Maryland, with conspiring to provide material support to armed separatist...

SBS Streamlines Microfinance Operations to Expand Financial Access Across Africa

SBP Core Amplitude Enables Institutions to Make Lending Products and Services More Accessible, While Managing Risk and Compliance NEW YORK, NY, UNITED STATES, April 17, 2025 /⁨EINPresswire.com⁩/ -- SBS, the global financial technology company that...

Fifty Governments Stand Firm on the Drive for Economic Resilience

Rotterdam, the Netherlands, April 16, 2025 (GLOBE NEWSWIRE) -- The Global Center on Adaptation (GCA) today hosted an inaugural Ambassadors’ Forum galvanizing global support for accelerating adaptation at speed and at scale. The event, hosted at...

President Cyril Ramaphosa: 30th Anniversary of World Trade Organisation

Excellencies, Ladies and Gentlemen, Friends, The World Trade Organisation is integral to the multilateral system and to advancing economic progress. Over the past thirty years, the WTO has worked to ensure a level playing field in global trade...

Agriculture negotiations Chair reports on prospects for progress for MC14

Ambassador Hussain told members he had held consultations to survey their positions and that there was a strong sense of realism and pragmatism among delegations, but that there was also scepticism that divergences could be overcome in time for...