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AfCFTA


AfCFTA will unlock opportunities for BRICS member countries
In order for businesses to fully take advantage of the opportunities provided by South Africa being part of BRICS and Africa, several infrastructure challenges have to be overcome, which the African Continental Free Trade Agreement (AfCFTA) could help solve.
Kenya ratifies trade treaties with Singapore after fete
Kenya’s ratification of a bilateral investment treaty with Singapore is set to enhance trade and investment relations between the two nations.
Comorian president wants to accelerate intra-African trade
Accelerate the construction of a large African trade zone free of customs duties, in particular. This is what Comorian President Azali Assoumani, who this year holds the presidency of the African Union, is committed to.
What future for seeds under the African Free Trade Area?
The African Union is putting the finishing touches to the draft protocol on intellectual property rights to the agreement establishing the African Continental Free Trade Area.
Despite AfCFTA, Nigeria’s intra-African trade down 12%
Nigeria’s intra-African trade value dipped 11.95 per cent year-on-year (YoY) from N956.93 billion in the first quarter of 2022 (Q1 2022) to N842.6 billion in Q1 2023, despite operation of the African Continental Free Trade Area (AfCFTA) since 2021.
Lekki deep sea port promotes AFCFTA gains, but local communities seek environmental protection
The Lekki Deep Sea Port seeks to position Nigeria for the big gains of the African Continental Free Trade Area (AFCFTA), competitive transhipment, and status upgrade, but local communities want a share of this prosperity and protection.
Nigeria’s intra-African trade dips 12% to ₦842.6bn in Q1’ 2023 – NBS
Nigeria’s intra-African trade has continued to underperform expectations despite the commencement of the African Continental Free Trade Area (AfCFTA) as the trade value fell Year-on-Year (YoY) to N842.6 billion in the first quarter of 2023 (Q1’23) 11.95 percent down from N956.93 billion in Q1’22.
Public sector in Africa told not to be excited yet about AfCFTA’s progress
Mr David Ofosu-Dorte, Senior Partner, AB and David Africa, has urged African public sector players not to be too excited yet about the African Continental Free Trade Area’s (AfCFTA) progress.
Public service key to AfCFTA implementation
African countries should prioritise upskilling and digitising the public service in order to accelerate implementation of the African Continental Free Trade Area (AfCFTA) protocols, especially in areas where tariff phasedown has been agreed.
Africa: The African Growth and Opportunity Act nears its deadline
The African Growth and Opportunity Act (AGOA), which allows duty- and quota-free exports from eligible African countries into the United States, is due to expire in 2025.
Zooming in on the Investment Protocol to the AfCFTA: a new era for investment disputes across Africa?
State parties consider whether to turn to traditional methods of investment dispute settlement mechanisms or more innovative solutions, such as an African investment court.
AfDB donates Madagascar $1.5m to help join AfCFTA
The African Development Bank has granted Madagascar $1.5 million in view of helping the African country work on its adherence to the African Continental Free Trade Area (AfCFTA), local media “Madagascar Tribune” reported.
ECOWAS deepens support to the private sector to take advantage of the African Continental Free Trade Area (AfCFTA)
The Economic Community of West African States (ECOWAS), in collaboration with the United Nations Development Programme (UNDP) and the International Trade Centre (ITC), organized a regional capacity building workshop for Master Trainers from Business Associations on AFCFTA.
The Protocol on Investment to the Agreement Establishing the African Continental Free Trade Area: What’s in it and what’s next for the Continent?
With the Protocol on Investment (POI) to the agreement establishing the African Continental Free Trade Area (AfCFTA) adopted, the next question is, ‘ What’s in it and what’s next for the Continent”?
Kenya commits to becoming Africa’s gateway to free trade
Kenya has committed to becoming the preferred gateway to the African Continental Free Trade Area (AfCFTA).
Angola committed to AfCFTA accession process
Angola remains committed to the process of accession to the African Continental Free Trade Area (AfCFTA), ANGOP learnt on Thursday.
Kenya calls on Africa to use PAPSS to ditch US dollar in trade deals
Kenya’s President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting a pan-African payments system to facilitate trade within the continent.
Africa can only turn last page of history of colonialism with independence of Western Sahara
The Minister of Foreign Affairs and National Community Abroad, Ahmed Attaf said Monday in Algiers that Africa could only turn the last page of the history of colonialism by allowing the Sahrawi people to exercise their inalienable and imprescriptible right to self-determination.
We were not consulted in AfCFTA policy formulation - TUC laments
The Trades Union Congress, Ghana (TUC-Ghana) is unhappy about neglect in the formulation of the African Continental Free Trade Area (AfCFTA) policy.