Amidst controversy over the benefits of Nigeria’s signing of the African Continental Free Trade Agreement, AfCFTA, the Vice President of Nigeria, Professor Yemi…
Category: AfCFTA
AfCFTA will boost intra-Africa trade - Zhang - Truth, for its own
WINDHOEK – Chinese ambassador to Namibia Zhang Yiming yesterday said the African Continental Free Trade Area (AfCFTA) is ‘an important milestone’ in…
Namibia-Zim bilateral co-operation should play a role in AfCFTA operationalisation'
Windhoek – Namibia-Zimbabwe bilateral co-operation should play a positive role in the operationalisation of the African Continent Free Trade Agreement (AfCFTA)…
Next Post Buhari establishes committee for implementation of
The AfCFTA Agreement, which creates a single market for goods and services and movement of persons to increase intra-African trade and deepen African…
26 benefits of AfCFTA to Nigeria, by experts
With Nigeria signing the African Continental Free Trade Area (AfCFTA) agreement, what are the benefits? Arguably the continent’s most ambitious integration…
AfCFTA versus EU Economic Partnerships, who wins?
The alarming concerns about how the EU Economic Partnership Agreements (EPA) could undermine the African Continental Free Trade Area (AfCFTA) ought to…
Only quality products can compete in AfCFTA market'
Anna Okon. The President, Manufacturers Association of Nigeria, Mansur Ahmed, has tasked members of the association on product upgrade ahead of the…
COMESA banks on Pres. Kenyatta's support for success of
COMESA banks on Pres. Kenyatta’s support for success of AfCFTA. By. PSCU.
African Continental Free Trade Area (AfCFTA) - An Exposition Of The Proposed Digital Payment System
Africa and Ghanaians were thrilled with the news of the operationalization of the African Continental Free Trade Area (AfCFTA) agreement on the 7th of July…
MIKE WHITFIELD: AfCFTA offers SA the chance to become a more industrialised manufacturer
As countries begin to implement AfCFTA, regional and continental trade, their markets will become more integrated and it will be easier for companies to integrate…
AfCFTA to benefit Chinese manufacturers relocating to Africa
“This will make them derive benefits from the boom in intra-African trade under AfCFTA,” he said. Spio-Garbrah said there was a need for the manufacturing firms…
Palm producers, rice stakeholders express worry over
Palm producers, rice stakeholders express worry over Nigeria’s approval of AfCFTA. By Femi Ibirogba | 15 July 2019 | 3:18 am. Stakeholders in the oil palm…
Ethiopia to Liberalize 90 Percent of Tariff for AfCFTA Member
Hirut Zemene, Ethiopian State Minister of Foreign Affairs, said Ethiopia, within the coming 15 years, will scale back 90 percent of tariffs for members of AfCFTA. The…
Africa in the news: Updates on the AfCFTA, EAC border closures, and Sudan power-sharing agreement
The African Continental Free Trade Area (AfCFTA) was officially launched at the 12th Extraordinary Summit of the African Union (AU) in Niamey, Niger last…
Freytags-Frage: Wird die neue Freihandelszone Afrika beflfcgeln?
In Afrika gibt es jetzt die potenziell grf’dfte Freihandelszone der Welt. Doch die Liste der Probleme ist lang. Kann das Abkommen nachhaltig zur wirtschaftlichen…
Zambia will benefit from AfCFTA
ZAMBIA’S Ambassador to Ethiopia, His Excellency Emmanuel Mwamba says Zambia is committed to ensuring that it becomes a ratified Member of the African…
What you should know about Africa's massive, 54-country trade bloc
On a pan-African scale, the economic impact of AfCFTA will be significant… removing tariffs on intra-African trade will boost net income at the continental level by…
MPs welcome Ghana's choice to host AfCFTA secretariat
The AfCFTA is a trade agreement among 49 AU member states with the goal of creating a single market, followed by the free movement of people and a single-…
Afreximbank announces $1B adjustment facility, other AfCFTA support measures
He added that, as part of its support for the implementation of the AfCFTA, the Bank had provided support to aid the work being done by the African Regional…
Morocco: Joining AfCFTA is Not Recognition of Polisario
Morocco’s accession to the African Continental Free Trade Area (AfCFTA) does not imply a”recognition” of an entity that poses a threat to its territorial integrity…
Africa free trade area (AfCFTA) - which way forward now?
Titled ‘Next Steps for the African Continental Free Trade Area (AfCFTA), the report argues that AfCFTA’s success will be measured largely by its ability to actually…
AFCFTA: Tax implications for Nigeria
AFCFTA: Tax implications for Nigeria- An unanticipated problem was encountered, check back soon and try again- CNBC Africa Newsletters.
Ghana selected as home for AfCFTA secretariat
The new African Continental Free Trade Area (AfCFTA) will make its home in Ghana, a decision announced Sunday during an African Union summit in Niger…
President Barrow attends AfCFTA Summit in Niamey
It signed the AfCFTA in 2018 in Kigali and was the 22nd member of the AU to ratify it this year, thus bringing it into force for implementation. AU Chairman,…
Afrika Luncurkan Zona Perdagangan Bebas AfCFTA
Bisnis.com, JAKARTA – Para pemimpin Afrika membentuk blok ekonomi baru dengan meluncurkan zona perdagangan bebas di benua tersebut pada Minggu…
Country hosting AfCFTA HQ to be selected in Niamey summit
AfCFTA came into force on May 30 after 22 AU member states had ratified it. Afterwards, three other states submitted their instruments of ratification so that the total…
African leaders launch 'historic' AfCFTA free trade deal
AU officials announced the launch of five “operational instruments” of the African Continental Free Trade Area (AfCFTA) with African nations agreeing to shared “…
Nigeria y Benedn firman acuerdo del AfCFTA
Nigeria y Ben’edn firmaron hoy el acuerdo que establece el crea de Libre Comercio Continental de frica (AfCFTA), dejando a Eritrea…
Buhari's decision to sign AfCFTA good for economy - ACCI
He also maintained that by signing the AfCFTA, the Nigerian economy was not in any way exposed to any economic or social hazards since the pact had all the…
Nigeria to sign Africa free trade agreement AfCfta
Nigeria, the continent’s largest economy and most populous country, will finally sign the African Continental Free Trade Area (AfCFTA) agreement which aims…
AU leaders to sign AfCFTA in Niger - Truth, for its own sake.
A lot has been achieved since the AfCFTA agreement was opened for signature on 21st March, 2018 in Kigali, Rwanda and what is expected as the African Union…
EU pledges EUR 40 bln grant through AfCFTA
During a two-day Africa Continental Free Trade Area (AfCFTA) regional Trade Forum on the Horn of Africa, the European Union (EU) has pledged it will grant…
The AfCFTA is laudable, but its imminent benefits are overstated
The African Continental Free Trade Area’s (AfCFTA) entering into force is a laudable development, building on existing initiatives for regional integration and…
Zimbabwe: AfCFTA to Boost Mining - UN Body
ECA regional director for Southern Africa Mr Said Adejumobi told delegates during the National Consultative Forum on the AfCFTA held in Harare from June 19 to…
Why President Buhari is still reluctant to sign the AfCFTA
Nearly a month after reports surfaced that Nigeria may be ready to sign the African Continental Free Trade Agreement (AfCFTA), President Muhammadu Buhari…
Africa: Zimbabwe poised for AfCFTA gains
He made the remarks at the start of a two-day National Forum on the African Continental Free Trade Agreement (AfCFTA) in Zimbabwe on June 19, 2019. Mr.
AfCFTA - A Game Changer for stimulating Intra-African Trade
In practical terms, AfCFTA seeks to create a single continental market for goods and services as well as a customs union with free movement of capital and…
AfCFTA: We lack capacity to stop dumping goods into Nigeria - Buhari
President Buhari recalled that the Presidential Steering Committee on the AfCFTA Impact and Readiness Assessment Committee was inaugurated on October 22,…
For Africa's Expansion AfCFTA is the Way to Go - Kagame
AfCTA will be formally launched next month at the African Union Summit in Niger. While attending the opening ceremony of this year’s European Development…
AfCFTA: Calls grow to bridge information gap | The New
Awareness among citizens and traders about the African Continental Free Trade Area (AfCFTA) agreement and ways to make the most of the deal may not be at…
Huge Boost for AfCFTA as Nigeria Nears Ratification
The Africa Continental Free Trade Area (AfCFTA) could receive a big boost before it is officially launched in July this year, following news that Nigeria, the É
Experts, businesses weigh in on AfCFTA implementation
The African Continental Free Trade Area (AfCFTA) agreement is set to officially be launched when African leaders gather in Niger in July. Already, the agreement…
AfCFTA full implementation in 15 years Minister
ZIMBABWE will fully implement the African Continental Free Trade Area (AfCFTA) in the next 15 years once the country has fully industrialised…
Study: AfCFTA to bring biggest benefits to Central Africa
A study that looked at the potential regional impacts of the African Continental Free Trade Area (AfCFTA) agreement suggests that it’s Central Africa that stands…
Gender equality is essential if the AfCFTA is to succeed
The African Continental Free Trade Area Agreement (AfCFTA) entered into force on May 30 2019, marking another milestone in the pan-African imperative of an…
African ministers pave way for AfCFTA operationalisation
African ministers pave way for AfCFTA operationalisation- African ministers of trade (AMOT) of the African Union met in Addis Ababa at the African Union…
The role of AfCFTA in the development of African countries
MALABO, Equatorial Guinea, Central Africa stands to benefit the most from the African Continental Free Trade Area (AfCFTA), data from the African…
How the AfCFTA impacts Nigeria's competitiveness on the continent
Seeing as Nigeria is yet to sign up to the agreement, how will the implementation of the AFCFTA impact Nigeria’s competitiveness with the rest of Africa? Nonso…
AfCFTA: Need for integrating the African Continental Infrastructure Framework
The eventual implementation of AfCFTA is predicated on the assumption that the reduction of tariff between African countries would increase intra-African trade by…
Young Pan Africanists tipped on AfCFTA
Pan African Movement (PAM) Rwanda Chapter members discuss the role of the youth in the implementation of AfCFTA in Kigali.
Africa in the news: AfCFTA enters into force, South Africa and Senegal tackle climate change, and presidents inaugurated in Nigeria and Malawi
The African Continental Free Trade Area (AfCFTA) agreement officially enters into force- Christina Golubski- Related Content- South Africa and Senegal take action…
Keys to success for the AfCFTA negotiations
As of April 29, 2019, 22 countries have deposited their instruments of ratification of the African Continental Free Trade Area (AfCFTA) agreement…
AfCFTA: Afrikas Weg zum freien Handel
Die – wenigstens auf dem Papier – grf’dfte Freihandelszone der Welt wird am 30. Mai aus der Taufe gehoben. Dieses Datum verdanken die afrikanischen…
Private sector urged to play active role in AfCFTA
AfCFTA is expected to promote value addition and boost trade among regional economic communities. /File.
AfCFTA's benefits cannot be overemphasised - Obasanjo
The AfCFTA is the continent’s most ambitious integration initiative. It aims to create a single continental market for goods and services, with free movement of…
On Africa Day: Moussa Faki assures AfCFTA seeks to solve
In his speech, Mahamat said that the African Continental Free Trade Area (AfCFTA) seeks to provide relevant answers to several issues including infrastructure,…
Kenya offers five office buildings in bid to host AfCFTA
NAIROBI, Kenya, May 23, Kenya has formally presented its bid to host the African Continental Free Trade Agreement (AfCFTA) Secretariat in Nairobi. Foreign…
AU to hold stakeholder dialogue on AfCFTA implementation
AU Commission Chairperson Moussa Faki Mahamat presents a copy of AfCFTA deal at the African Union Summit in Kigali in March 2018. File.
Egypt keen on AfCFTA's entry into force: Trade and Industry
AfCFTA will contribute to bolstering intra-African trade and achieving higher economic and industrial growth rates for the continent, it stressed. The meeting…
AU delegation to assess Ghana's preparedness to host AfCFTA Secretariat
A delegation from the African Union Continental Free Trade area (AfCFTA) arrived in Accra on Monday to assess Ghana’s bid to host its Secretariat. Ghana is…
ARTICLE: The AfCFTA has crossed the ratification threshold
The AfCFTA has crossed the ratification threshold, What’s next?
AfCFTA: African countries urged to discuss implementation
On Wednesday, the African Union (AU) set a one-month timeframe to activate the AfCFTA on May 30 as Sierra Leone and the Saharawi Republic deposited their…
Figures of the week: AfCFTA implementation and key barriers to intra-regional trade in Africa
The report attributes the increase in intra-regional trade to the development of regional economic communities (RECs), where tariffs are close to zero, over the last…
AfCFTA to enter force after Sierra Leone, Western Sahara sign on
The African Continental Free Trade Area (AfCFTA) Agreement is moving forward, with the addition of ratifications from two more members to reach the minimum…
Regional business leaders discuss ways to leverage on the
The meeting largely observed that the AfCFTA is not simply a free trade agreement since it is about establishing a unified continental market with 1.2 billion…
Ghana Solicits ECOWAS' Support to Host AfCFTA Secretariat
AfCFTA is a planned free trade area outlined in the African Continental Free Trade Agreement among 49 of the 55 African Union (AU) nations. The 18th Ordinary…
Parly should ratify Tripartite Free Trade Area to compliment AfCFTA
The AfCFTA is also expected to enhance competitiveness at industry and enterprise levels through exploitation of opportunities for large-scale production,…
AfCFTA implementation may drag till June 2020
Africa Union Commission. Despite the ratification of the African Continental Free Trade Area (AfCFTA) Agreement by 22 countries,…
AfCFTA'll worsen Nigeria's woes'
THE National Association of Nigerian Traders (NANTS) has warned the Federal Government against signing and implementing the African Continental Free…
The Gambia ratifies AfCFTA, seals 22 countries required to move deal forward
The Economic Commission for Africa (ECA) says the AfCFTA will promote intra-African trade by 52 per cent by the year 2022. By Emmanuel K. Dogbevi Copyright…
AfCFTA: One year down the road, there's reason for celebration
Stephen Karingi, ECA’s Director for Regional Integration and Trade spoke to The New Times’ James Karuhanga, shedding light on what is expected between now…
EAC as the yardstick to measure AfCFTA prospects
Ethiopia’s ratification of the African Continental Free Trade Area (AfCFTA) was received with much applause as a significant step towards effecting the…
How Nigeria can Leverage The AfCFTA - Prof Oramah
Oramah argues that there are immense opportunities from the AfCFTA, which are; to transform the structure of the Nigeria economy and other African economies,…
AfCFTA: Seeking the one pending ratification | The New Times
It is estimated that the Continental Free Trade Area will increase intra-African trade by over 50 per cent, and boost the continent’s GDP by more than $40 billion.
One year after, AfCFTA seeks last ratification to kick off
A year after the agreement establishing the African Continental Free Trade Agreement (AfCFTA) was…
Business leaders weigh in on prospects of AfCFTA
TWENTY-ONE countries have already ratified the African Continental Free Trade (AfCFTA) agreement, billed as the largest free trade agreement that will allow…
ECA's Stephen Karingi shares on AfCFTA agreement progress
ECA’s Stephen Karingi shares on AfCFTA agreement progress- An unanticipated problem was encountered, check back soon and try again- CNBC Africa…
African finance ministers set to examine fiscal policies key to
African finance ministers set to examine fiscal policies key to AfCFTA implementation. James Karuhanga By. James Karuhanga
AfCFTA: What next after ratifications? | The New Times | Rwanda
Moussa Faki Mahamat Chairperson of the African Union Commission after heads of states signed the Africa free trade area agreements last year during the…
Rwanda: AfCFTA - What Next After Ratifications?
The African Continental Free Trade Area Agreement (AfCFTA) could soon gather the minimum required ratifications to put it into effect. So far, 19 countries have…
For ECOWAS and WAEMU commissions, establishing AfCFTA
Establishing the African Continental Free Trade Area (AfCFTA) could be detrimental to West African integration if all countries in this region fail to…
3 More Ratifications to Usher in AfCFTA Implementation
Egypt’s Parliament has approved the ratification of the African Continental Free Trade Area (AfCFTA) agreement, bringing the total approvals to 19, of which 15…
Three more ratifications to kickstart implementation of AfCFTA
Egypt’s Parliament has approved the ratification of the African Continental Free Trade Area (AfCFTA) agreement, bringing the total approvals to 19, of which 15…
AfCFTA agreement to be implemented after Gambia's historic ratification
Gambia’s parliament on Tuesday approved the Africa Continental Free Trade Agreement (AfCFTA), becoming the 22nd nation to do so, and effectively meeting…
Namibia has ratified AfCFTA, ministry confirms - Truth, for its
Last year Namibia signed the trillion-dollar AfCFTA agreement, which requires members to remove tariffs from 90 percent of goods to allow free access to…
Namibia encouraged to ratify AfCFTA - Truth, for its own sake.
Last year, Namibia finally signed the trillion-dollar AfCFTA, which requires members to remove tariffs from 90 percent of goods to allow free access to commodities,…
New AU trade observatory to support implementation of AfCFTA
If the AU Trade Observatory could be integral to helping the continent in making the right trade decisions, then the AfCFTA agreement will easily boost intra-African…
Tanzania On Right Course to Ascertain Afcfta Approval
To date, 49 out of the 55 African Union (AU) member states, including Tanzania, have signed a Continental Free Trade Area (AfCFTA), whose main objectives…
Say AfCFTA: The Best Acronym Since YOLO
AfCFTA creates a single set of rules for trade and investment, essentially creating one play-book boosting African Unity, Business, Employment and Development.
Africa: Zim Not Yet Ready for Full Afcfta
The call comes at a time when members of the Africa Union (AU) are intensifying efforts for the realisation of the AfCFTA. Once established, the AfCFTA will bring…
The AfCFTA is now 3 countries shy of implementation as Zambia signs agreement
Zambia is the 19th country to sign the African Continental Free Trade Agreement (AfCFTA). President Edgar Chagwa Lungu signed it yesterday in the presence…
AfCFTA, conflict and migration in focus as AU prepares for summit
The African Continental Free Trade Area (AfCFTA) agreement likely will come into force in the coming weeks, he said.”I hope that the six countries that have not…
Full implementation of AfCFTA expects to increase trade
Mr Tei Konzi, Commissioner in-charge of Trade and Free Movement at the Economic Community of West African States (ECOWAS), has said it is expected that…
Ethiopia aproves AfCFTA as AU eyes Feb. 2019
Ethiopia is the latest country to approve the African Union’s Africa Continental Free Trade Area, AfCFTA pact after the cabinet passed the deal on Saturday, the…
EDITORIAL: AfCFTA: 18 down 4 to go, the dream is finally
AfCFTA: 18 down 4 to go, the dream is finally becoming a reality- Even though 44 countries signed the agreement, it only needs 22 ratifications to…
AfCFTA receives further support from Pan-African organisations
AfroChampions board chairman Ali Mufuruki, and TMEA CEO Frank Matsaert (right) following the signing of the agreement to support the CFTA process. Net.
FG: Buhari to Make Decision on AfCFTA this Month
Okechukwu Enelamah, yesterday said the committee set up by the federal government to review the Africa Continental Free Trade Area (AfCFTA) would conclude…
AU challenges North African countries to ratify AfCFTA
The African Union has challenged countries from North Africa to ratify the Africa Continental Free Trade Area agreement (AfCFTA), which is short of 4…
AfCFTA: Buhari to receive committee's report in January
The Presidency disclosed this in Abuja on Thursday. The AfCFTA seeks to remove all forms of restrictions to trade and investment flows within the African continent…
South Africa's Parliament approves agreement to establish AfCFTA
The AfCFTA will create a single set of rules for trade and investment among all African countries [involved] and provides legal certainty for traders and investors…