The Commerce Africa African Reneissance

Customs data showed Monday that China ramped up crude oil imports from Russia in May, helping to offset Russia’s losses from western nations’ sanctions. Sanctions had scaled back patronage of Russia’s energy over the invasion of Ukraine. The recent spike, however, means Russia has now overtaken Saudi Arabia to become China’s top oil provider as …

The African Export-Import Bank (Afreximbank) on Momday in Cairo announced the appointment of Kanayo Awani to the position of Executive Vice President of the Intra-African Trade Bank (INAT) with effect from 1 July 2022. The appointment follows a decision by Afreximbank’s Board of Directors on 13 June 2022 to approve …

The Founder of Household of God Church, Reverend Chris Okotie, has asked political parties’ presidential candidates to step down for him in his bid to take over from President Muhammadu Buhari. This is as he also urged Buhari to hand over to him as Interim President in 2023, noting that …