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EAC proposes flexible US market access under AGOA plan
The East African Community (EAC) wants the US government to make the rules governing access to their market more flexible under the planned renewal of the African Growth Opportunity Act (Agoa).
How does the AfCFTA impact Africa’s trading landscape?
Business owners across Africa are the powerhouses who keep the continent moving and economically viable. In the past, it was not always easy to run a business that traded on a broader scale across the continent.
Africa: World Customs Organization publishes Guide on AfCFTA Rules of Origin
The World Customs Organization (WCO) has published a Guide for Rules of Origin under the African Continental Free Trade Area (AfCFTA) agreement.
Kagame says Africans should make AFCFTA work for them
President Paul Kagame has called on African leaders to fully utilize the African Continental Free Trade Area (AfCFTA) as the best tool for breaking the mentality of depending on and producing for others to benefit.
Ethiopia among AfCFTA $1bln adjustment fund recipients
Ethiopia is one of the African countries that will benefit from Afrexim Bank’s USD one billion package to recoup any losses incurred as a result of the implementation of the African Continental Free Trade Agreement (AfCFTA).
Botswana becomes 45th AU member to ratify African continental free trade agreement
Botswana has deposited its instrument ratifying the African Continental Free Trade Area (AfCFTA) agreement with African Union Commission Chairperson Moussa Faki Mahamat, local media reported.
Morocco is a key player in the African Continental Free Trade Area
Morocco can serve as a real lever for the creation of the desired African Continental Free Trade Area (ZLECAf) with more than 1 billion consumers, thanks to the sectors it covers such as agriculture, renewable energies, banking, telecommunications, real estate, etc. ...., according to the daily Les Inspirations Eco.
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.