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Africa


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.
Post-Cotonou deal in danger as concerns grow over ratification delay
The political agreement between the EU and the 79-member African, Caribbean and Pacific community is at growing risk of collapse and remains unratified, eighteen months after been concluded by EU and ACP negotiators.
EU States start exiting the Energy Charter Treaty whilst African signatories increase
African countries are increasingly becoming signatories to the ECT potentially tying the hands of government to freely design their climate policies.
AfCFTA launches guided trade initiative for seven countries
The African Continental Free Trade Area secretariat based in Accra, the capital of Ghana, has launched a guided trade initiative for seven member countries.
AfCFTA initiative on guided trade set for launching
The Ministerial Directive of the AfCFTA 7th Meeting of the Council of Ministers Responsible for Trade provided a legal basis for the 29 countries that had submitted their tariff schedules in accordance with the agreed modalities to trade preferentially amongst themselves.
Nigeria to commence AfCFTA participation in Q4 – Committee
It will be recalled that the AfCFTA agreement has been tipped to create the largest free trade area in the world measured by the number of countries participating.
Fears Kenya deal with US could hurt regional trade
The pursuit of a new trade pact between Washington and Kenya is eliciting old fears on whether it could hurt adherence to obligations under the East African Community, and hence continental ambitions for more commerce.
Tough negotiations still lie ahead for Africa Continental Free Trade Area
Tough negotiations are happening behind the scenes between African governments to hammer out differences in their localisation and industrial protection policies in respect of the aims of the Africa Continental Free Trade Area (AfCFTA), which seeks to liberalise trade between the countries.
Kenya seeks temporary trade deal with US before full-fledged pact
Kenya is hoping for a temporary trade partnership before establishing a fully-fledged trade deal with the United States, Citizen Digital news portal reported, citing outgoing Trade and Industrialization Cabinet Secretary Betty Maina.
Supply chain analysis of AfCFTA
An African supply chain that makes it difficult to move goods by water from Cameroon to Nigeria but easy to move goods from Cameroon to China and other countries is a threat to the regional integration plan.
EAC states challenged on trade agreements
The East African Community (EAC) partner states have been challenged to increase their volume of transactions under regional and international trade agreements.
54 African countries have signed AfCFTA Agreement – Deputy Trade Minister
Ghana’s export sector is said to be making giant strides as the Ghana Export Promotion Authority about two months ago announced a $3.3 billion increase in non-traditional export earnings for 2021.
AfCFTA: 8 countries including Ghana to commence trading - Deputy Trade Minister
“Actual trading is starting between Cameroon, Egypt, Kenya, Mauritius, Rwanda, Tanzania, Tunisia and Ghana. In the coming weeks, the dream of our forebears will be off the ground, and historic as the moment may be.”
The New U.S. Africa Strategy Breaks From the Status Quo—With Some Perplexing Stumbles
U.S. positioning for the great power competition with China and Russia for influence in Africa.
KAM says home hurdles will hurt Kenya in Africa trade deal
Kenya which is among the 49 member states that have ratified the agreement, lacks product competitiveness due to quality challenges, high trade investment and trade costs.
Morocco, only country in Africa having FTA with USA, State department report
The FTA supports Morocco’s goals to develop as a regional financial and trade hub, providing opportunities for the localization of services and the finishing and re-export of goods to markets in Africa, Europe, and the Middle East, says the report.
UAE, Kenya to commence talks over comprehensive economic partnership
The UAE-Kenya CEPA will be the first bilateral trade deal that the UAE seeks to sign with an African nation. Such an agreement will deepen trade and investment ties between Africa and the Middle East and boost the total value of UAE-Kenya non-oil bilateral trade,...
Trade deal with AfCFTA can open vast market for Indian textiles
Last year (2021), India shipped $0.743 billion of apparel to Africa, which was 4.99 per cent of its total exports of $14.912 billion, and in January-April 2022, apparel exports to Africa stood at $231.328 million.
Policymakers, businesses stress D-8 PTA implementation
Policymakers and business leaders on Tuesday emphasised the implementation of a preferential trade agreement the member countries of the Developing-8 (D-8) signed to facilitate trade and investments among the eight countries.