Egyptian President Abdel-Fattah al-Sisi has reiterated his country’s support for the African Continental Free Trade Area (AfCFTA) which commenced earlier this month. Sisi’s remarks came during…
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Nigeria’s President Muhammadu Buhari and nine other African Presidents have received awards for their contributions to the kick-off of the African Continental Free Trade Agreement (AfCFTA).…
According to the World Customs Organisation (WCO), inconsistent and obsolete laws and regulations, and resistance to change and lack of transparency in Customs administration operations in most African countries are major challenges to ensuring that the free trade takes off and continues uninterrupted in the operational phase starting this month.
The African Continental Free Trade Area (AfCFTA), which brings together all the African countries with a combined gross domestic product of $3 trillion, had initially been scheduled to be launched on July 1. The implementation was postponed for six months due to the Covid-19 global pandemic that led to lockdowns and restricted movement.
Nigeria’s President Muhammadu Buhari has called for the commitments of member states of the Economic Community of West Africa State (ECOWAS) as the African Continental Free…
Today on Business Edge, Tolulope Adeleru Balogun discusses the Africa Continental Free Trade Agreement (AfCFTA) with Andrew Mold, Chief, Regional Integration and AfCFTA, Sub-Regional Office for…
A new payment system for intra-African trade is in the works. The African Union (AU) says its Specialised Committee on Finance, Monetary Affairs, Economic Planning and…
Until the situation is brought under control, the full economic consequences of the COVID-19 pandemic on African countries may not be known. For the crisis of…
The commencement date for the implementation of the $3.4 trillion Africa continental trade pact has been postponed from July 1 due to the Covid-19 pandemic. Phase…
Kenya’s proposed free trade deal with the U.S. has put it in crosshairs as critics say the planned bilateral agreement would be a breach of regional…