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AfCFTA


AU adopts compact for private sector inclusion in AfCFTA
THE African Union (AU) has adopted the action compact of the Africa Prosperity Dialogues (APD) to champion private sector inclusion in the implementation of the African Continental Free Trade Area (AfCFTA).
AfCFTA international labour standards deficit must be addressed
Trade unions expressed the need for ILO international labour standards to be included in the African Continental Free Trade Area (AfCFTA) to protect workers’ rights and interests.
AfCFTA: World Bank asks African countries to remove trade barriers
In order to reap the benefits of the African Continental Free Trade Area (AfCFTA), non-tariff barriers and hurdles affecting cross-border goods movement must be addressed, the World Bank Group has said.
African Union summit aiming to ’fast-track’ African Free Trade Area
African leaders are meeting on Saturday and Sunday for the annual African Union (AU) summit with the aim of speeding up the rollout of the African Continental Free Trade Area (ACFTA), Belga News Agency reports.
We need people-centered approach to trade, security in Africa, says Ford Foundation W’Africa regional director
The West Africa Regional Director for Ford Foundation, Dr. ChiChi Aniagolu-Okoye, has called for a people-centered approach in dealing with security and trade issues on the African continent.
Women, girls wary of AU free trade cross border pact
Ahead of the African Union Summit of Heads of Government and State slated to discuss African Continental Free Trade Area (AfCFTA), leading African women and girl specialists have raised concerns on the impact the pact may have on women and girls who trade across borders.
Why free trade area pact is a concern for women
While women dominate small scale traders who ply their trade across national borders in Africa, there are many who thrive doing cross border trade via illegal routes.
Egypt’s trade minister touts $994 mln trade exchange in meeting with Swiss ambassador
Egyptian Minister of Trade and Industry Ahmed Samir said on Tuesday that Egypt and Switzerland have distinguished trade and investment relations, with the volume of trade exchange between the two amounting to $994 million in 2022.
AfCFTA: Ambitions of free trade must move beyond talk
How can Africa’s continental free trade agreement be moved forward from talk to action? An eventful week in Ghana ended with new promises from African governments and state parties to speed up processes towards the full realisation of the world’s largest free trade area – AfCFTA
African unions demand strong labour provisions in AfCFTA
Unions want labour provisions to be included in the next phases of negotiations of the African Continental Free Trade Areas (AfCFTA).
AfCFTA ratification process slow – official
Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the protocol on the movement of people.The agreement has, thus far, been signed by fifty-four of the fifty-five African Union (AU) member states.
Towards free market: Africa’s ’prosperity dialogue’ confronts many barriers
The Ghana summit is aimed at achieving deeper economic integration between African states and outlining its industrialisation priorities.
Free trade in Africa: The ‘Why’ is inseparable from the ‘How’
Free trade may be on wane in popular opinion from the US to China, but across the world’s second largest continent – by geographic size and population – it is a different story.
Two years after AfCFTA, intra-African trade remains low
Two years after the world’s largest free trade area became operational with much fanfare on January 1, 2021, the implementation of the single continental market has been delayed for several reasons.
AfCFTA: rising energy cost, forex crisis threaten local manufacturing
SAMI OLATUNJI examines how local challenges could stop Nigeria from reaping the benefits of the African Continental Free Trade Area.
Without an end to conflict, the African Continental Free Trade Area is an exercise in futility
The recurrence of terrorism, intrastate conflicts, xenophobia, military coups and interstate conflicts reduces prospects for the successful implementation of the African Continental Free Trade Area.
US plans $55bn investment in Africa, keys into AfCFTA
The United States of America(USA) has revealed a blueprint that will enable a massive investment inflow into Africa, as Joe Biden’s administration begins winning the heart of African leaders.
AfCFTA targets $12bn trade in 4 years –Experts
Stakeholders have said the African Continental Free Trade Area Agreement (AfCFTA) has the potential to grow trade value in Nigeria to the tune of $12 billion by 2027.
Kenya–US resume physical trade meetings
Trade talks between Kenya and the US are back on track with full resumption of in-person meetings after a six-month break following Kenya’ s elections and change of administration.