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Africa

Delay on tariff offers to affect AfCFTA implementation
26-Jan-2024 The Citizen
Full implementation of the African Continental Free Trade Area (AfCFTA) could be delayed further due to the failure of some countries to act decisively on its key pillars.
Three years after AfCFTA ratification: should Africans still rely on it?
26-Jan-2024 Modern Diplomacy
The concept of African Continental Free Trade Agreement (AfCFTA) was formed during the 18th Ordinary Session of the Assembly of the Head of the States and Government of African Union (AU) in January 2012, on the theme “Boosting Intra-African trade”, which adopted the decision to establish a free trade area.
FG approves investment agreement with UAE
22-Jan-2024 Business Day
The Federal Government has approved the ratification of the Investment Promotion and Protection (IPPA) agreements between Nigeria and the United Arab Emirates (UAE).
The USA’s removal of Uganda, Niger, Gabon and the Central Africa Republic from the AGOA has only a limited impact
17-Jan-2024 CREDENDO
The USA’s removal of Uganda, Niger, Gabon and the Central African Republic from the AGOA has only a limited impact.
24 more African countries join AfCFTA pilot initiative – Report
17-Jan-2024 Punch
The African Continental Free Trade Agreement received a significant boost as twenty-four more countries join the Guided Trade Initiative, moving the continent closer to fully integrating into a single market.
US agrees preliminary deal with Africa on extending AGOA by 10 years, says Patel
15-Jan-2024 News24
The US has reached preliminary agreement with African nations to extend their preferential trade access by another decade, pending approval by Congress, South Africa’s trade minister said.
Africa Collective in partnership with the AfCFTA secretariat to convene key African & global decision makers in Davos during annual luncheon
11-Jan-2024 Business Insider Africa
Following a successful inaugural Luncheon in 2023, Africa Collective in partnership with the AfCFTA Secretariat will once again be organizing its annual Closing & Outlook Luncheon in Davos on 18 January 2024 from 12:30 noon to 2:30 pm, during the time of the World Economic Forum.
Customs, AfCFTA lament low intra-African trade volume
11-Jan-2024 The Guardian
The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has lamented the low trade volume in Africa and the stagnant growth in the continent’s trade.
UAE concludes CEPA negotiations with Congo-Brazzaville
11-Jan-2024 Gulf Business
The UAE has completed bilateral trade negotiations with Congo-Brazzaville, the second Comprehensive Economic Partnership Agreement (CEPA) agreement with an African state in a week.
African governments to consider charter to facilitate trade
10-Jan-2024 GBC
The Africa Private Sector Summit has called on African governments to consider the adoption of a Charter on Private Sector Bill of Rights to facilitate the emergence of an enabling environment for trade and investment on the continent.
Ethiopia cautious over potential revenue losses under AfCFTA
10-Jan-2024 The Reporter
Ethiopia’s trade negotiators are taking cautious steps to minimize revenue losses from the impending full implementation of the African Continental Free Trade Area (AfCFTA).
The potential impact of AfCFTA on social security and inclusive development
10-Jan-2024 Africa Forbes
The African Continental Free Trade Area (AfCFTA) has been touted as the key to unlocking the continent’s economic fortunes. Yet, in a continent that grapples with extreme poverty and inequality, what does this tangibly mean?
AGOA trade program adjustments: what they could mean for US-Africa relations amid global power shifts
10-Jan-2024 Africa Forbes
The United States’ recent modifications to the African Growth and Opportunity Act (AGOA) signal a significant shift in its trade relations with Africa, intertwined with broader geopolitical implications and the emerging contest for influence on the continent. Experts weigh in.
Tanzania signs Samoa agreement
9-Jan-2024 Daily News
TANZANIA government has signed new partnership agreement with the Organisation of African, Caribbean and Pacific States (OACPS) and the European Union (EU) with its member states.
Algeria wants to create a free trade zone with Mauritania
9-Jan-2024 Yabiladi
Algerian President Abdelmadjid Tebboune chaired a council of ministers on Sunday, December 24. The Head of State ordered the Prime Minister, Nadir Larbaoui, to launch an in-depth study for the creation of a free trade zone with Mauritania.
Egypt nears completion of free trade agreement with Eurasian Economic Union
9-Jan-2024 BNN
In a significant stride towards economic integration, Egypt is nearing final negotiations to establish a free trade zone with the Eurasian Economic Union (EAEU).
Biden administration to remove four African nations from AGOA
21-Dec-2023 BNN
In a significant policy shift, the Biden administration has announced the removal of Niger, Gabon, the Central African Republic (CAR), and Uganda from the African Growth and Opportunity Act (AGOA) effective January 2024.
Ethiopia to commence AfCFTA trial implementation soon
21-Dec-2023 Ena
Ethiopia will begin the trial implementation of the African Continental Free Trade Area (AfCFTA) agreement soon, according to Ministry of Trade and Regional Integration.
AGOA – time to lock in a long-term renewal for the benefit of Africa and the US
19-Dec-2023 Tralac Newsletter
Since May 2000, the African Growth and Opportunity Act (AGOA) has provided duty-free access for a broad range of products from eligible African countries to markets in the United States (US). Since the current arrangement expires in September 2025, we take this opportunity to provide an update on AGOA.
EU and Kenya sign ’historic’ partnership to boost investment, trade
19-Dec-2023 France 24
Kenya and the European Union on Monday signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa.