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Africa

Bilateral deal-making involving governments of Africa.

photo: World Bank/CC BY-NC-ND 2.0


Gulf Cooperation Council to launch common market in January 2008
Leaders of the six-member Gulf Cooperation Council (GCC) yesterday announced their plan to launch a common market in January 2008 and a currency union by 2010 in addition to maintaining their currencies’ peg to the US dollar.
Libya sweetens trade, investment ties with US
Morphing over the past several years from international pariah to developing, open-market economy, Libya is now actively cultivating trade and investment links with the US.
EU and Iraq in third round talks for trade and cooperation agreement
The European Union and Iraq are holding the third round of negotiations for a Trade and Cooperation Agreement (TCA) in Brussels from 27-29 November.
Angola and Spain Sign Investment Protection Accord
The Governments of Angola and Spain Wednesday in Luanda signed an accord for reciprocal protection of investments and a memorandum of understanding, that sets a programme of financial cooperation involving two credit lines of about Usd 600 million.
Southern African free trade zone to come up next year
The Southern African Development Community (SADC) has said that a free trade agreement (FTA) for the region will be concluded next year as scheduled.
China to lend Congo $5 billion in latest Africa foray
The draft accord signed on Monday foresees Chinese companies gaining copper/cobalt, gold and nickel concessions under repayment deals that would also include toll revenues from the roads and railways to be constructed.
Scramble on for African resources - experts
Both the African Growth and Opportunity Act (AGOA) and the fast-tracked Economic Partnership Agreement (EPA) seem to reflect less a genuine desire in fairer trade for the true benefits of the African economies than securing access to relevant markets and mainly the exploitation of relevant natural resources in the interest of the European Union and the USA, said Executive Director of the Dag Hammarskjöld Foundation, Dr Henning Melber.
Lesotho wants free trade area by 2008, customs union by 2010
President Pakalitha Mosisili of Lesotho called on member states of SADC to address their obligations to ensure that the region realises the Free Trade Area by 2008 and a Customs Union by 2010, in preparation for the creation of a Common Market by 2015 and a common currency by 2018.
Mauritius, Pakistan to create free trade zone
Mauritius and Pakistan have announced plans to create a free trade zone between the two countries by 2009 and have preferential trade exchanges by 30 November.
EC grants Ecowas 44.8m Euros
The European Commission has approved a total of 44.8 million Euros to support regional integration in West Africa over a period of five years, from 2007 to 2011.

    Links


  • African Continental Free Trade Area (AfCFTA) legal texts and policy documents
    Tralac’s page on the African Continental Free Trade Area
  • SEATINI Uganda
    The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
  • SEATINI Zimbabwe
    The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.