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AfCFTA


AfCFTA digital trade protocol: Unveiling critical flaws
In the turbulent waters of the digital economy, where technological innovation is outpacing regulatory frameworks, the leaked African Continental Free Trade Area protocol on digital trade raises deep concerns.
Small firms say AfCFTA tariff liberalization may push them out of business
The African Continental Free Trade Area (AfCFTA) is expected to significantly boost intra-Africa trade when fully implemented, but small businesses in East Africa are not happy about it, as it may not bode well for them.
Single Africa market under threat — former minister questions AfCFTA relevance
AN economist and former Deputy Finance Minister, Kwaku Kwarteng, has revived the debate on how realistic it is to have a single market under the African Continental Free Trade Area (AfCFTA) agreement.
Ties with Africa to grow with Korea’s support: Ivory Coast envoy
The upcoming Korea-Africa Summit in Seoul will increase cooperation with Korea and expand support for Africa’s progress, according to Allou Wanyou Eugene Biti, Ivory Coast’s ambassador to South Korea.
AfCFTA fails to boost Africa’s global trade share beyond 3% as countries trade more outside the continent
Africa’s global trade participation still stands at less than 3%, largely driven by merchandise trade in 2023, the Economic Commission for Africa (ECA) report on the assessment of progress on regional integration in Africa has said.
Operational phase of the African Continental Free Trade Area launched
The 12th Extraordinary summit of the African Union which was held in Niamey on the 7th of July 2019 was a momentous occasion for Africa, as it saw the successful launching of the operational phase of the African Continental Free Trade Area (AfCFTA).
The AfCFTA’s digital `trade rules are not fit for Africa
African heads of state are slated to meet this weekend for the 37th Ordinary Session of the Assembly of the African Union and they could be prompted to make an unforced error that could weigh heavily in the continent’s plans to promote digital industrialization and the bridging of the digital divide.
Can Africa’s new free trade treaty boost business on the continent?
African leaders will this weekend gather in Addis Ababa for the annual summit of the African Union (AU) to discuss key business issues, including plans to make Africa a global economic powerhouse.
Battle for biodiversity: AfCFTA’s Intellectual Property Protocol unveiled
The African Union is finalizing the draft protocol on intellectual property rights to the agreement establishing the African Continental Free Trade Area (AfCFTA).
US invests $160 million to support AfCFTA, trade facilitation
The United States (U.S.) government said it has contributed $160 million to support the African Continental Free Trade Area (AfCFTA) and expand trade in goods and services between the U.S. and Africa.
Kenya and South Africa launch first consignment under the continental free trade agreement
Kenya and South Africa have jointly launched the first consignment under the African Continental Free Trade Agreement (AfCFTA) framework, signalling commitment to a united African market.
AfCFTA secretariat set to establish protocol on digital trade this month, says Wamkele Mene
The secretary general of the African Continental Free Trade Area (AfCFTA) Secretariat, has said the secretariat is set to establish a protocol on digital trade this month.
Delay on tariff offers to affect AfCFTA implementation
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?
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.
24 more African countries join AfCFTA pilot initiative – Report
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.
Africa Collective in partnership with the AfCFTA secretariat to convene key African & global decision makers in Davos during annual luncheon
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
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.