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AfCFTA


Ethiopia cautious over potential revenue losses under AfCFTA
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
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?
Ethiopia to commence AfCFTA trial implementation soon
Ethiopia will begin the trial implementation of the African Continental Free Trade Area (AfCFTA) agreement soon, according to Ministry of Trade and Regional Integration.
Algeria joins Guided Trade Initiative to boost pan-Africa trade
Algeria’s Minister of Trade and Export Promotion Tayeb Zitouni declared on Saturday his country’s accession to the guided trade initiative as part of its effective implementation of the African Continental Free Trade Area (AfCFTA) agreement.
Somalia embraces the African Continental Free Trade Area (AfCFTA), validates its national strategy
The Ministry of Commerce and Industry of Somalia embraces AFCFTA in a meeting convened in collaboration with the Economic Commission for Africa (ECA), of its African Continental Free Trade Area national implementation strategy.
30 countries to begin trading under AfCFTA next year - Senior Advisor
Thirty countries in Africa will begin trading under the African Continental Free Trade Area (AfCFTA) next year as part of measures to implement the Af­CFTA agreement, senior advisor to the Secretary-General of the AfCFTA, Peter Joy Serwornoo, has stated.
Comoros, Tanzania and Uganda gear up for African Continental Free Trade Area (AfCFTA) implementation with Economic Commission for Africa’s support
A series of trainings were organized by the Economic Commission for Africa (ECA) in collaboration with the governments of Comoros, Tanzania, and Uganda to strengthen the capacity of public and private sector stakeholders to implement the African Continental Free Trade Area (AfCFTA) Agreement effectively.
India-Africa trade gains momentum, projected to cross $100 billion in 2024
Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries.
46 AfCFTA members sign cooperation protocols to support e-commerce in Africa: Afreximbank
Emily Mburu-Ndoria, Director of Trade in Services, Investment, IPR, and Digital Trade at the African Continental Free Trade Agreement (AfCFTA), announced that several cooperation protocols have been signed to support and finance e-commerce in Africa.
Kenya’s hurdles in trade negotiations with United States
American President Joe Biden recently pledged to make Nairobi the investment magnet in Africa. For this to happen, Kenya and the United States must make considerable progress towards a bilateral trade deal under the Strategic Trade and Investment Partnership (STIP) framework.
US-Africa trade program must be more than ’symbolic,’ US trade chief says
The United States is looking for a "more useful and effective" trade programme with Africa, U.S. Trade Representative Katherine Tai said on Saturday, as talks are underway to update a two decade-old duty free initiative.
AGOA must not undermine African free trade, says AfCFTA secretary general
The secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has cautioned that trade ties with the United States should not infringe on efforts to boost regional trade on the continent.
Free trade and debt: the two sides of neocolonialism
Highlights from the workshop organised in Marrakesh by Attac Maroc, bilaterals.org, CADTM Africa, GRAIN and the Tunisian Observatory of Economy.
AGOA forum: ‘Africa to assert its place in global economy’
South Africa will be looking to get more out its trade ties with the US during next week’s African Growth and Opportunity Act (Agoa) Forum, where member countries will showcase the continent’s industrial capability and its regional value chains.
South Africa hosts AGOA forum aims at strengthening US-Africa trade relations
South Africa prepares to host the African Growth Opportunity Act (AGOA) forum to review critical challenges and obstacles adversely impacting trade opportunities and economic cooperation between the United States and Africa.
US trade with Kenya may be breeding some anxiety
According to officials, even as trade and investment negotiations with Kenya continue, the US appears to be more interested in the African Continental Free Trade Area and the AGOA agreement.
Africa-Türkiye link to boost trade
THE Fourth Africa-Türkiye Economic and Business Forum (TABEF) has called for augmentation of seamless operation of the African Continental Free Trade Area (AfCFTA) to guarantee and promote increased intra-African trade.
Nigeria may miss October trading date for AfCFTA
From all indications, Nigeria may likely fail in its bid to commence trading in the African Continental Free Trade Area (AfCFTA), under the Guided Trade Initiative (GTI).
AfCFTA: More free trade? For whose benefit?
So what does this trade deal mean for ordinary Africans in a time of deep climate, economic and food crises?
Remove trade barriers to increase per capita income, IMF tells African leaders
Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), says African governments must remove trade barriers to increase the continent’s per capita income.