The AfCFTA will offer a huge opportunity for UAE investors who will be able to do business on a single set of trade and investment rules across the African continent.
The outstanding negotiations will be finalized through a new African virtual trade-diplomacy platform that is being developed as a public-private partnership between the African Union Commission and more than 20 African multinational companies.
The impending commencement of the African Continental Free Trade Agreement (AfCTA) will remove the advantage of intra-ECOWAS trade.
Negotiations over a trade agreement between Kenya and the US have resumed. The deal could undermine African common markets and flood Kenya with cheap maize and chicken.
Initially planned to take place on 1 July 2020, the implementation of the African Continental Free Trade Area (AfCFTA) has been indefinitely postponed due to the Covid-19 pandemic.
Kenya’s need to export value-added agricultural products dominated the first round of talks with America after its formal launch on Wednesday last week.
The Economic Community of West African States held a virtual meeting on the African Continental Free Trade Area (AfCFTA) for ECOWAS Institutions and Specialised Agencies on the 21st of July 2020.The AfCFTA seeks to create a single continental market for goods and services, with free movement of business persons and investments, in order to engender the acceleration and establishment of a continental Customs Union.
The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday.
The executive secretary of the African Continental Free Trade Area (AfCFTA), has proposed to African heads of state that trading under this framework starts in January 2021, according to an official.
For Nigeria to compete and survive in the African Continental Free Trade Area, it must as a matter of national emergency ramp up industrialisation and manufacturing activities, the Speaker, House of Representatives, Femi Gbajabiamila, has said.
What does this trade deal mean for African women and their role in the continent’s food production and trade?
Kenya should abandon or, at the very least, postpone the United States-Kenya Free Trade Agreement negotiations to a later date, civil society groups say in letter to the AfCFTA Secretariat.
With the growing concern over the traditional ISDS system, it is highly unlikely that the AfCFTA will include an ISDS mechanism giving investors access to go to international arbitration under conventional international tribunals.
Kenya’s negotiations for a free trade deal with America has received opposition from organisations drawn from across Africa.
African states need to take a unified and proactive approach to investor-state dispute settlement (ISDS), in order to make a system that is fairer to Africa and more consistent.
A historic deal to smash down tariff barriers within Africa is being braked by the coronavirus pandemic and a thicket of negotiating problems.
Even if the pandemic continues into 2021, the African Continental Free Trade Area will move ahead, a top official says.
Kenya’s negotiations with the United States while the African Union is in ongoing negotiations on a future agreement between African countries makes this a transitional moment in Africa’s trading relationship with the West.
US-Kenya trade talks are due to start in the next couple of weeks, US Trade Representative, as Kenya President announced discussions have been delayed until the Africa free-trade deal comes into force.
AGOA doesn’t expire until 2025, but the industry looks for certainty to the region in the face of the pandemic and upcoming US trade talks with Kenya.