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Africa


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).
Unveiling the future of Western Sahara: CJEU’s upcoming verdict on EU-Morocco trade disputes
The impending decision in the Western Sahara case by the Court of Justice of the European Union (CJEU) might have far-reaching consequences on international law, state sovereignty, and indigenous rights.
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).
Nigeria, UK to sign enhanced trade investment partnership agreement on Tuesday
Governments of Nigeria and the United Kingdom will, on Tuesday, sign the Enhanced Trade Investment Partnership (ETIP) Agreement to not just boost its trade volume but also reduce market access and regulatory barriers discouraging people from investing in either of both nations.
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.
Kenya, US talks shift to agriculture
Kenya and the United States are set to begin talks on contentious clauses in a proposed bilateral trade deal amid fears the agreement could flood the market with cheap agricultural imports from America.
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.
FG approves investment agreement with UAE
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
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
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
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.