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  • India opposes BRICS currency proposal; no support for any such scheme, says Piyush Goyal

    August 18th, 2026· Tralac·

    India is firmly opposed to the idea of a common BRICS currency and does not support any proposal to introduce one, Union Commerce and Industry Minister Piyush Goyal said [...]

  • China expands direct renminbi settlement for trade with Africa

    August 18th, 2026· Tralac·

    Stanbic Bank Kenya last week introduced direct renminbi (RMB) settlement through China’s Cross-Border Interbank Payment System (CIPS), a development that strengthens Africa-China trade connectivity and mirrors ongoing [...]

  • Afreximbank estimates the untapped potential of intra-African trade at 77 billion dollars

    August 18th, 2026· Tralac·

    The most significant opportunities involve manufactured and semi-processed goods. Afreximbank specifically identifies machinery, automobiles and their parts, electrical equipment, processed food products, chemicals, plastics, and mineral products. [...]

  • AfCFTA Seeks Customs Digitisation To Double $220bn Africa’s Trade

    August 18th, 2026· Tralac·

    The African Continental Free Trade Area (AfCFTA) Secretariat has said it is banking on the mechanisation and digitisation of customs systems across the continent to double Africa’s [...]

  • Boosting African Continental Trade

    August 18th, 2026· Tralac·

    Nigeria’s leading carrier, Air Peace has started the actualisation of African Continental Free Trade Area (AfCFTA) initiative from Nigeria, connecting business people, investors and tourists to 13 capital cities in West [...]

  • African Aviation Leaders Push for Decisive Action on Open Skies Ahead of Kigali Forum

    August 18th, 2026· Tralac·

    African ministers, aviation regulators, airline executives and continental institutions have called for urgent implementation of open skies policies, saying the continent must move beyond commitments and deliver [...]

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