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AfCFTA


Israel eyes Ghana’s local agriculture production
The State of Israel which produces about $1.2 billion worth of agricultural inputs and technology has expressed its readiness to partner with indigenous companies to augment Ghana’s local production.
Kenya to lose highest revenue in continental trade agreement- research
“Kenya will incur the largest loss at $14.2 million, followed by Uganda at $13.5 million. Tanzania is estimated to register revenue loss of $5.3million, Burundi $4.3million and Rwanda $ 3.9,” the Economic Policy Research Center (EPRC)shows.
European Parliament pushes for a new trade deal with Africa
The vote on the “Future of EU-Africa trade relations” focuses on five key themes: infrastructure, food security, civil society, fair trade agreements and sustainable economic development.
AfCFTA suffers setback as Benin Republic slams CFA9m on Nigeria-bound transit cargoes
The agreement was brokered by the African Union (AU) and was signed by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. The only country still not to sign the agreement is Eritrea, which has a largely closed economy.
ECOWAS regional experts meet on the draft Ecowas common schedule of specific commitments on trade in services for the African Continental Free Trade Area (AfCFTA)
To date, a total of forty-three (43) African countries are State Parties to the Agreement of the AfCFTA, including twelve (12) ECOWAS Member States.
Long-awaited Africa free trade area takeoff delayed by six states
Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021
Buhari woos Spanish investors with ‘tax-free environment’, free trade zone
Spain has been a major importer of Nigerian crude oil, and Nigeria’s exports to Spain stood at $4.8billion in 2020 whilst Spain’s exports to Nigeria increased from $97.2 million in 1995 to $517million in 2020
The ECOWAS Regional Competition Authority (ERCA) to coordinate ECOWAS Member States’ positions on the draft AfCFTA protocol on competition
The purpose of the meeting was to bring together a number of ECOWAS Member States (Gambia, Nigeria, Senegal) and ERCA officials for a brainstorming on the draft AfCFTA Protocol on competition...
President Kenyatta reaffirms Kenya’s commitment to enhancing ties with Switzerland
The Swiss President said Kenya is an attractive destination for investments and trade it serves as a gateway to Eastern and Central African region, and Swiss companies will benefit from the huge market provided by the AfCFTA agreement.
It’s Africa vs African Union
When the African Union rallies behind industry to regulate a sector that affects livelihood of 33 million smallholder farmers, we should shout from the rooftops
Scramble for Africa: A campaign primer on the African continental free trade area agreement
Africa is one of the richest continents in the world in terms of land and natural resources, but its people are the poorest. The region is home to about 70% of the world’s poor.
AfCFTA: Insecurity, infrastructure deficiency threaten regional trade –WACTAF
Insecurity and infrastructure deficiencies are threats to the Africa Continental Free Trade Agreement, says West African food association
AfCFTA: Cross-border service integration will boost African oil and gas industry, says Briggs
Chief Dumo Lulu Briggs, Chairman of Platform Petroleum Limited, has admonished that cross-border service integration through the implementation of the African Continental Free Trade Area (AfCFTA) will boost the African oil and gas industry.
ECOWAS experts meet to consider draft offer on trade in services for the African Continental Free Trade Area (AfCFTA)
The 7th Regional meeting reviewed the draft ECOWAS Offer for the AfCFTA Trade in Services negotiations and held bilateral sessions between ECOWAS Commission and Member States.
Japan, Africa look to deepen trade ties
Japan is looking to expand its presence on the African continent, with trade and investment taking center stage during the Japan-Africa Public-Private Economic Forum held in Nairobi
Government pledges protection for bilateral investors on AfCFTA
The Government of Ghana has pledged to protect Bilateral Investment Treaties (BITs) for countries that sign agreement with it for reciprocal foreign direct returns on the African Continental Free Trade Area (AfCFTA).
Russia’s meandering return path to investing in Africa – OpEd
United States, European Union and their Pacific allies’ sanctions are fast-driving Russia towards Africa. As the sanctions bite, Russia continues stepping up to realign with Africa, stemming its policy with mountainous pledges.
African Continental Free Trade Area agreement not quite the silver bullet SA hoped for, says ANC
The African Continental Free Trade Area agreement could have negative impacts on South Africa’s trade, labour force and micro, small and medium enterprises, according to a draft document prepared for discussion at the ANC’s upcoming policy conferences.
Can the AfCFTA bring an end to the rise in food prices in Africa?
Globally, food prices are rising due to the lingering effects of the COVID-19 pandemic on global food supply chains. In West Africa and the Sahel, food inflation is a native problem existing for over ten years.
Zim finalises tariff offer under AfCFTA
ZIMBABWE is finalising its tariff offer under the African Continental Free Trade Area (AfCFTA) and hopes to reap huge trade benefits under the agreement.