News
MACCI - Catalysing Malaysia-Africa economic synergy
THE Malaysia Africa Chamber of Commerce and Industry (MACCI) is a pivotal institution dedicated to fostering and enhancing economic, trade, and investment relations between Malaysia and African nations
Established to bridge the gap between these two diverse regions, MACCI provides a dynamic platform for businesses, investors, and industry professionals to connect, collaborate, and thrive.
With a mission centred on building mutual prosperity through business diplomacy, MACCI is committed to connecting enterprises, policymakers, and investors from both regions.
Macci set to further boost Malaysia-Africa business ties
Macci also hopes to open new doors for Malaysian businesses eager to explore investment and partnership opportunities in African markets this year with a series of workshops and sector-specific matchmaking events planned across various African nations.
Beyond Traditional Markets: Amarjeet Singh Ghai's Vision for Malaysia's African Opportunity
As businesses navigate an increasingly fragmented global economy, the search for new markets has become less about ambition and more about resilience.
MATRADE to Spotlight Nigeria's High Growth Opportunities for Malaysian Businesses in New Webinar
MATRADE will bring together government officials, trade experts, legal advisers and business leaders on 22 July to help Malaysian companies better understand opportunities, market entry strategies and regulatory requirements for expanding into Nigeria, Africa’s largest economy.
KUALA LUMPUR – The Malaysia External Trade Development Corporation (MATRADE) will host a webinar highlighting business and investment opportunities in Nigeria as it steps up efforts to encourage more Malaysian companies to explore one of Africa’s fastest growing consumer markets.
Malaysia’s palm oil stockpiles up 4.78% to 2.54 mil tonnes in June — MPOB
KUALA LUMPUR (July 10): Malaysia’s palm oil stockpiles rose 4.78%, or 116,123 tonnes, to 2.54 million tonnes in June from 2.43 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
The MPOB said crude palm oil (CPO) stocks increased 3.75%, or 48,153 tonnes, to 1.33 million tonnes in June 2026 from 1.28 million in May 2026. “Processed palm oil stockpiles surged 5.94% to 1.21 million tonnes from 1.14 million tonnes,” it said in its June industry performance report.
Malaysia’s Palm Oil Council eyes Nigeria expansion as demand grows
Belvinder Sron, chief executive officer of MPOC, disclosed this on Thursday at the Malaysia Market Connect in Lagos, stating that Malaysia sees significant market potential in Nigeria and West Africa.
“We see there’s still room to expand the exports of palm or palm products into this country,” Sron said. “Nigeria is a key market for Malaysian palm oil, with exports totalling 300,000 metric tonnes last year,” she noted.
Nigeria, Ghana, Côte d’Ivoire, Cameroon unite to end raw cocoa exports
The Federal Government will next Tuesday host Cameroon, Côte d’Ivoire and Ghana in Abuja for a landmark summit where the four countries will launch a historic alliance to end decades of exporting raw cocoa beans and begin negotiating with global markets as a united bloc.
The four countries, which together account for about two-thirds of global cocoa production, are expected to sign the Abuja Declaration at the Cocoa Value Addition Summit 2026 in Abuja, establishing a Cocoa Value Addition Alliance to coordinate policies, promote local processing, harmonise standards and strengthen Africa’s bargaining power in the global cocoa industry.
Nigeria’s pioneer palm oil firm enters capital market with N250m CP
Aden River Estates Limited, a palm oil producer of over five decades in operation, has launched its maiden debt capital market transaction, signing a N250 million Series 1 (Tranche A and B) commercial paper (CP) under a N20 billion CP issuance programme, with Anchoria Advisory Services Limited as the issuing house.
The signing ceremony, held in Lagos, marked the first time the company – incorporated in 1969 and described as Nigeria’s first indigenous large-scale oil palm plantation operator – has accessed the capital market in its 55-year history. The Series 1 issuance carries yields of 22 per cent and 25 per cent for Tranche A (270 days) and Tranche B (364 days) respectively, with the 364-day instrument drawing all investor subscriptions.