Commonwealth News
Africa’s Free-Trade Area to Get $7 Billion in Support From AfDB
Oct 8, 2021
African Development Bank (AfDB) to support trade valued at $7 billion over the next five years in a bid to spur the growth of the African Continental Free Trade Area (AfCFTA) that went into effect on Jan. 1. AfDB will be targeting small and medium-sized companies,...
Moderna to build vaccine-manufacturing plant in Africa
Oct 7, 2021
Moderna plans to spend about $500 million to build a state-of-the-art mRNA facility in Africa. At present, only about 4.5% of Africans had been fully vaccinated against COVID-19, according to the continent's top public health official. The proposed site is likely to...
Queen Elizabeth and Prince Edward launch Royal Baton Relay in honor of Commonwealth Games
Oct 7, 2021
Queen Elizabeth and Prince Edward mark the 2022 Commonwealth Games baton relay, a sporting event held every four years with athletes from across the Commonwealth. The baton will travel for about 294 days with the Queen's message to the Commonwealth. The event will...
SPBD (Tonga) launches white goods financing program
Oct 6, 2021
The South Pacific Business Development (SPBD Tonga) Microfinance empowers its members to start, grow and maintain micro-businesses with its loan program - White Goods Financing (WGF) in partnership with Durga Lakshmi Manufacturing Ltd (DLM), one of the largest white...
Nigeria exploring business opportunities with Jamaica
Oct 6, 2021
At a virtual Service Excellence Conference, Nigeria's High Commissioner, Dr Maureen Tamuno says that Nigeria is exploring opportunities for trade and business with Jamaica. The High Commissioner further added that formalising a new air-service agreement would be a...
New Bahamas Government flags ‘highest priority’ to boost financial services industry
Oct 6, 2021
Bahamas' new economic affairs minister, Michael Halkitis, wants to boost the financial services industry at the highest priority and "progressively harness profitable niches". Halkitis intends to diversify investments in technology, renewable energy, sustainable...