logo logo


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.
US Chamber, African Continental Free Trade Area secretariat sign MOU, launch working group to strengthen collaboration
The U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) and the African Continental Free Trade Area Secretariat (AfCFTA) signed a Memorandum of Understanding (MoU) today to launch a working group to help advance trade and investment between the U.S. and Africa.
Africa’s bumpy road to regional economic cooperation
Countries of West Africa have an uphill task before them on the political and economic fronts. Recent events have proved rather distressing and they clearly signpost greater causes for worries about the sub-region’s future.
Will US replace African Growth and Opportunity Act with Continental Free Trade Agreement?
Does the US intend to replace Agoa — the African Growth and Opportunity Act — which has benefitted so many SA exporters, with a free trade agreement with the African Continental Free Trade Agreement (AfCFTA) when Agoa expires in 2025?
Weak macroeconomic environment may undermine AfCFTA implementation — BoG governor
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has stressed the need for African central banks to pursue prudent macroeconomic management supported by growth-oriented policies to ensure a successful implementation of the African Continental Free Trade Area (AfCFTA).
Nigeria moves to become gateway to AfCFTA, signs MoU with Vietnam
The Nigerian government, in a bid to boost trade with South East Asia and maximize the African Continental Free Trade Area (AfCFTA) agreement, has announced plans to make $336 billion exporter Vietnam use Nigeria as a gateway into the African market.
Kenya eyes duty-free deal with 3 countries
The cabinet says negotiations with the US, South Korea, and the United Arab Emirates on the Free Trade Area are ongoing as Kenya seeks to expand access to its products beyond the regional and traditional markets.
The future of US-Africa trade
Ambassador Katherine Tai, the 19th United States Trade Representative, and Secretary General Wamkele Mene of the African Continental Free Trade Area discuss US-African engagement in the AfCFTA-FRI, DECEMBER 2, 2022 • 9:00 AM ET
Standardisation key to reaping AfCFTA benefits, says F.G
The Minister of State for Industry, Trade and Investment, Mrs. Maryam Katagum, has said that the role of the Standards Organisation of Nigeria (SON) remained critical in helping the country’s manufacturing sector to fully benefit from the African Continental Free Trade Agreement (AfCFTA).
Ghana, six others begin trade under AfCFTA
Ghana and six other countries have started trading goods and services under the African Continental Free Trade Area (AfCFTA).
AU summit showcases Common African Agro-Parks
The African Union Members States, the Regional Economic Communities, the United Nations (FAO, UNIDO, ECA), and Development Partners converged to discuss the implementation and financing modalities for the establishment of the Common African Agro-Parks (CAAPs).
Nigeria set to adopt Phase II Protocols of AfCFTA
The federal government has said it is set to adopt the Phase II Protocols of the African Continental Free Trade Area ( AfCFTA) later this week.
Letter: South Africa will take a heavy toll on AfCFTA
The African Continental Free Trade Agreement risks being unworkable if all members follow SANRAL’s example.
Nigeria not ready for AfCFTA trade implementation
Chief Executive Officer of Ocean & Cargo, Aare Jide Taiwo, has said Nigeria is not ready for AfCFTA implementation. He was speaking on issues bedeviling the country’s maritime industry, in an interview with TOLA ADENUBI of Nigerian Tribune.
NGO Forum: Risks and opportunities for climate change, food security in Africa in the context of the African Continental Free Trade Area
At the NGO Forum ahead of the 73rd session of the African Commission on Human and Peoples’ Rights (ACHPR), stakeholders discuss the potential impacts of the implementation of the AfCFTA, on the climate, food security, and the human rights.
ILO, others seek protection of labour rights under AfCFTA
The International Labour Organisation (ILO), Organisation of Trade Unions in West Africa (OTUWA) and International Trade Union Confederation (ITUC) calls for protection of labour in the the African Continental Free Trade Area Agreement (AfCFTA).
African countries desire Nigeria to be dumping ground for their goods – Perm. Sec
The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Evelyn Ngige, has stated that all African countries signatory to the Continental Free Trade Area (AfCFTA) desire to make Nigeria a dumping ground for their goods.
Saudi-South African economic relations on a steady upward trajectory
South Africa aims to become Saudi Arabia’s gateway for African markets in the context of the African Continental Free Trade Area.