It appears from all indications that the African private sector is either kept at the back door or yet to be given a pride of place in the AfCFTA process.
The implementation of common ECOWAS tariff will make Nigeria lose businesses because it means that once a tariff is paid in one country, no other tariff will be paid in any other country in West Africa.
Trade Minister welcomes collaborations from various partners to create awareness and prepare the private sector and the common man for the agreement.
The MFN clause of their interim Economic Partnership Agreements obliges Ivory Coast and Ghana to extend to the EU the tariff advantages granted in the Africa’s Continental Free Trade Area.
Dr Ndongo Samba Sylla is an economist, researcher and programme officer at the Office for West Africa at the Rosa Luxemburg Foundation. In this interview, he analyses the African Continental Free Trade Area
China, being Africa’s largest trading partner, is a key factor and beneficiary of the continent’s development.
Compiled by the African Trade Policy Centre (ATPC) of the Economic Commission for Africa (ECA) in association with the African Union Commission
The SA government wants more clarity on details related to the African Continent Free Trade Area. Unions warned that the agreement could lead to job losses.
The African Union is to hold another summit in Mauritania in July when countries with reservations about signing the African Continental Free Trade Area agreement can make their choice.
Zambia did not sign the African Continental Free Trade Area (AfCFTA) as it was still conducting internal negotiations on some protocols in the agreement.
The creation of a free trade area — billed as the world’s largest in terms of participating countries — comes after two years of negotiations, and is one of the AU’s flagship projects for greater African integration.
Uganda, in many ways like Nigeria, will investigate concerns by a sector of the business community before making major commitments.
Nigerian President Muhammadu Buhari said his government has already commenced wider consultations on the Africa Continental Free Trade Area, CFTA.
It is not yet clear why Museveni decided to cancel the trip, but local commentators believe that this suggests the deterioration of relations between Kigali and Kampala.
Nigerian President Muhammadu Buhari will not attend the African Union summit in Rwanda because certain key stakeholders in Nigeria indicated that they had not been consulted.
The Manufacturers Association of Nigeria urges the Nigerian government not succumb to the pressure by the European Union to sign the EU-ECOWAS Economic Partnership Agreement as well as the African Continental Free Trade Area.
Organised labour pleaded with President Muhammadu Buhari not to sign the African Continental Free Trade Agreement CFTA.
Africa Ministers of Trade have approved an agreement to give local traders access to the continental trade market.
An extraordinary summit of the African Union is scheduled to be held in Kigali, Rwanda on 21 March 2018 to consider and sign the Framework Agreement Establishing the African Continental Free Trade Area (CFTA).