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Africa


UK-Africa trade: What will Brexit change?
UK has already inked post-Brexit trade deals with 13 African countries. These new agreements, which offer duty-free and quota-free access to British markets, aren’t much different to the old ones, as they are mainly transferring the conditions in the EU deals into bilateral agreements between the UK and the African nation, or blocs.
African Continental Free Trade Agreement: Red tape delays start of trading under new pact
All SACU members need to ratify the AfCFTA before any of its members can start trading under it. ECOWAS States were facing the same problem.
Nigeria: Dangote leveraging expansion under AfCFTA
Dangote Industries Limited has stated that its cement expansion plan and fertiliser investments will open new trade routes for the company and Nigeria under the trade deal.
African free trade tariff rules should be completed by July-official
Members of Africa’s new free trade area should complete their tariff reduction schedules and finalise essential rules of origin by July.
Partnership with a purpose: EU-Africa relations in 2021
The African Union sees the ‘partnership’ process, likely to culminate in a summit in Portugal in May or June, as an opportunity to overhaul the Economic Partnership Agreements (EPAs) .
China-Mauritius FTA goes into effect. But who benefits?
China’s first FTA with an African country provides a stepping stone into the continent through the geopolitical hotspot Indo-Pacific region.
African free trade bloc opens for business, but challenges remain
African countries began officially trading under a new continent-wide free trade area, after months of delays caused by the global coronavirus pandemic.
China-Mauritius free-trade deal creates model for Beijing’s trade with Africa, observers say
Deal will ‘vitalise cooperation between our two countries and strengthen China-Africa economic ties’, head of African affairs at Chinese foreign ministry says.
Taiwanese eye Africa as investment destination amid marginalization
Taiwan’s Chinese International Economic Cooperation Association encouraged Taiwanese companies to take advantage of free trade deals in Africa.
In spite of its many sponsors, the African Continental Free Trade Area (AfCFTA) goes into the wall
The sharp decline in manufactured goods trade and the growing food deficit over the past 25 years call for the African Union to be more modest in its ambitions to become “the next world manufacturing center”, far from the free trade illusion of the AfCFTA.
African ambassadors expect more cooperation with China under new FTA
The AfCFTA requires strong infrastructure linkage across the African continent, an area where China can reach out to help.
‘No African nation yet to meet AfCFTA requirements’
The Chartered Institute of Arbitrators (CIArb) said no nation had met the requirements for the implementation of the African Continental Free Trade Agreement (AfCFTA), despite the political will to get the pact ratified in good time.
EAC beats AfCFTA tariff offer deadline
EAC’s tariff offer now brings the number of countries to 40 that are ready to join the AfCFTA on January 1, when trading under the agreement starts.
AfCFTA: African Customs officials to draft free trade continental guidelines
Customs officials from around Africa gave a nod to the adoption of continental guidelines to facilitate the free flow of cross-border trade.
EPAs, the height of the European Commission’s foolishness in perpetuating the colonisation of Sub-Saharan Africa (SSA) by shooting itself in the foot
The imposition of Economic Partnership Agreements to ACP countries, where 94% of the population is concentrated in Sub-Saharan Africa, is based on a series of 12 lies.
Tensions simmer over EU-Africa trade relations
Trade relations are likely to be at the heart of the delayed EU-Africa ‘strategic partnership’, but only if long-standing tensions can be resolved.
Trade agreements as door-openers
Bilateral trade agreements often act as door-openers for the manufactured products of multinational food companies. Milk powder with vegetable fat is an example.
Africa free trade agreement must be rolled out by January after pandemic delay - Secretariat
The AfCFTA Secretariat is at advances stages of concluding phase one of the agreement which deals with the trading of goods and services, said the Secretary General.
Rules of Origin a key issue for continuing African free trade area talks
African Union Ministers of Trade held their twelfth meeting, undertaken virtually, which was focused on concluding essential elements that remain to be agreed in the AfCFTA talks.
African countries urged to remove non-tariff barriers to realize AfCFTA
The African Union Commission called for addressing non-tariff barriers in order to realize the major aspirations of the African Continental Free Trade Area (AfCFTA) Agreement.