Estimates by the Economic Commission for Africa (UNECA) indicate that AfCFTA has the potential to boost intra-African trade by eliminating import duties, and…
Category: AfCFTA
Economic Integration in Africa (AfCFTA) - IMF Finance
Now a new player is emerging with the potential to defragment Africa and boost the productivity of its economies: the African Continental Free Trade Area (AfCFTA)…
After initial bluff, Nigeria off with largest delegation to AfCFTA
Next week, the AfCFTA countries are taking the first big step with an Intra-African Trade Fair (IATF) in which 41 countries have already registered to participate. The…
East Africa to strengthen regional integration through AfCFTA
Representatives from 14 countries in East Africa have agreed to promote regional integration through the African Continental Free Trade Area (AfCFTA).
AfCFTA: Big economies afraid of 'cheating', says ECA's David
AfCFTA: Big economies afraid of ‘cheating’, says ECA’s David Luke, The CFTA is expected to promote value addition and consequently boost trade among…
Varsity students in AfCFTA competition
The competition seeks to create awareness among students on AfCFTA and related comparative advantages of Rwanda, according to the Economic Policy…
EA Debate: Role of youth in the implementation of AfCFTA
If ratified, the Africa Continental Free Trade Area would the continent the largest free-trade block in terms of participating countries since the formation of the…
Harnessing AfCFTA for gender equality is important - TMEA
Matsaert also shared his broad view on political will, how gender is a central issue, and the need to harness convincing arguments about how the AfCFTA should…
AfCFTA: Minister Ndagijimana urges greater political will to
Closing the three-day 22nd meeting of the Intergovernmental Committee of Experts (ICE), which focused on the implementation of the AfCFTA, the minister had…
AfCFTA: Moving from vision to action 'requires political will'
Trucks at Rusumo border post. Of the 49 countries on the continent that have signed the AfCFTA deal, only 12 have so far ratified it. Nadege Imbabazi.
AfCFTA gives Africa hope - Zambia Daily Mail
With the coming of African Continental Free Trade Area (AfCFTA), which is aimed at creating an effective single market through the facilitation of the free movement…
Africans should be well informed about AfCFTA - expert
How exactly do you hope to help reach a regional consensus on how to move forward with implementing the AfCFTA? It’s important that policymakers from the…
Regional policymakers, experts to discuss AfCFTA
Signed in Kigali in March, the AfCFTA is a trade agreement initially endorsed by 44 AU member states, with the goal of creating a single market across the…
Dangote speaks on FG's signing of AfCFTA
Dangote said:I was in another forum recently and when the Ghanaian president was asked why the AfCFTA has not been signed by Nigeria and he pointed at me…
PAP winds up session with pledge to push for AfCFTA
Signed on March 21 in Kigali, the AfCFTA is a trade agreement initially endorsed by 44 AU member states. Its goal is to create a single market across the continent.
AfCFTA, the catalyst for Africa's growth
AfCFTA commits countries to remove tariffs on 90 per cent of goods, progressively liberalise trade in services, and address a host of other non-tariff barriers, like…
Pan-African MPs pledge to support AfCFTA ratification
MPs follow proceedings during a session of the Fifth Pan-African Parliament at Kigali Convention Centre on Monday. Nadege Imbabazi. Twitter; Facebook…
AfCFTA ratification: Kagame seeks support of Pan-African
Signed in Kigali on March 21 this year, the AfCFTA is a trade agreement initially endorsed by 44 AU member states, with the goal of creating a single market…
New Pan-African body to advocate for AfCFTA implementation
Africa’sleading private sector institutions and corporates have established a Pan-African Private Sector Trade and Investment Committee (PAFTRAC) to serve as…
President Buhari's remarks at inauguration of Committee on AfCFTA
It is against this background that we are gathered here today on the subject of the African Continental Free Trade Area Agreement (AfCFTA) which was…
AfCFTA as Nigeria's economic tsunami
Similarly, Nigeria’s economy with even a poorer socio-economic infrastructure cannot survive with AfCFTA that will stranglehold it to South Africa and other trans-…
The AfCFTA momentum needs refueling
The African Continental Free Trade Area (AfCFTA), process seems to be stalling. There is concern that some critical timelines will not be met. Funds for the long…
AfCFTA to spur Africa's industrialisation and economic
Countries can use the African Continental Free Trade Area (AfCFTA) tool to create opportunities for African businesses and through them drive the continent’s…
Inclusiveness and community-level engagement crucial for
The AfCFTA will not succeed unless there is a robust dialogue at national level complemented by regional and continental dialogue sessions, he further added.
SME sector will benefit from the AfCFTA - Meyer
NAMIBIA’s small and medium enterprises sector will gain easier access to bigger foreign markets for goods and services through the African continental free…
Before Nigeria inks the AfCFTA deal
AfCFTA is an attempt to boost intra-African trade, which at present is estimated at just 10 per cent. It aspires to operate a single market for goods and services, just…
AfCFTA: Nigeria, South Africa's refusal surprising - Emir Sanusi
Emir of Kano, Muhammadu Sanusi II, on Tuesday, said refusal of the two largest economies in Africa to sign the African Continental Free Trade Agreement É
AfCFTA: Nigeria lacks capacity to compete - Fmr NACCIMA DG
As the debate on whether or not Nigeria should sign-on to the African Continental Free Trade Agreement (AfCFTA) rages on, a former Director General of Nigerian…
Africa getting ahead of herself with AfCFTA
This article critically questions whether the African Continental Free Trade Area (AfCFTA) agreement that was signed by 44 out of 55 African countries in Kigali,…
AfCFTA: Bridging gaps critical - Zambia Daily Mail
While the AfCFTA may be a huge milestone in boosting the low level of intra-Africa trade and intra-African investments, its success is undermined by infrastructure…
Consultative Meeting To Prepare The Intellectual Groundwork For AfCFTA Phase II Negotiations
This particular edition will prepare analytical work to inform the AfCFTA Phase II negotiations. The ARIA 9 report will address the three topics of the AfCFTA Phase…
AfCFTA to yield substantial benefits to African trade
It advises that the AfCFTA arrangement needs to go beyond a 100 per cent tariff reduction in all goods, as non-tariff barriers are also major constraints on intra-…
PPC relishes AfCFTA opportunities rallies private sector to be proactive
A total of 44 out of 55 African Union (AU) countries signed the agreement establishing the AfCFTA on 21 March 2018 in Kigali, Rwanda. South Africa, which did not…
Afreximbank's George Elombi on how AfCFTA would work in an era of protectionism
At the ongoing Afreximbank Annual meetings in Abuja, Nigeria’s Federal Capital territory, George Elombi, Executive Vice President of Governance, Legal and…
Why Nigeria hasn't signed AfCFTA pact -Adeosun
The AfCFTA identifies seven priority action clusters for its implementation. They are trade policy, trade facilitation, productive capacity, trade-related infrastructure,…
Construction industry: A key partner in economic integration under AfCFTA
The African Continental Free Trade Area (AfCFTA) is the largest such free trade area when one considers the number of countries involved. The African continent…
Ambode urges Nigeria to sign AfCFTA to boost export
Lagos State governor Akinwunmi Ambode Thursday declared support for the African Continental Free Trade Agreement (AfCFTA) and urged Nigeria to sign the…
AfCFTA'll grow Nigeria's exports by 8.18%, group tells FG
FOSSCCIMA disclosed that the AfCFTA would provide an expanded market access for Nigeria’s exports of goods and services, covering a market of 1.2 billion…
AfCFTA, el nacimiento de la zona de libre comercio...
Hace poco, varios jefes de estado y de gobierno africanos fimaron la creacifn de lo que sere la zona de libre comercio mes grande del mundo: el crea de Libre…
Need for safeguards to protect vulnerable states . . . as AfCFTA sparks fears of potential tariff revenue loss
While acknowledging concerns about the loss in tariff revenue from the AfCFTA implementation, the regional committee of experts noted that those would be offset…
We are all winners with AfCFTA, Ethiopian PM tells ECA Conference of Ministers.
The Prime Minister, who stated that his government is ready to ratify the AfCFTA deal and deposit its instruments to the African Union, said: ‘Let us finance our own…
How Zimbabwe can benefit from the Africa Continental Free
The AfCFTA pact will come into effect 30 days after ratification by the parliaments of at least 22 countries (half of the original signatories). Each country has 120…
Conversations about a single African currency, capacity building for AfCFTA
Conversations about a single African currency, capacity building for AfCFTAÉ
AfCFTA Stakeholders Forum Organizes Sensitization, Consultations Meeting in Borno
“The height of the North-East geopolitical zone sensitization and consultation on AfCFTA was the positive relationship established by stakeholders between trade,…
Analysis: Was Nigeria right in not signing the AfCFTA ?
On 22 March 2018 in Kigali, Rwanda, Heads of State of forty-four African countries, gathered to sign the African Continental Free Trade Agreement (AfCFTA)…
Businesses 'key to success of AfCFTA deal'
The success of the African Continental Free Trade Area (AfCFTA) agreement will significantly rest on the ability of Africa’s private sector to produce goods for the…
AU members signs the African continental free trade area
Although 44 countries signed the AFCFTA agreement, 11 countries including Namibia did not yet sign the agreement. However, Namibia and South Africa have…
Parliament ratifies AfCFTA protocol
A month after 44 African states signed the African Continental Free Trade Area (AfCFTA) agreement, members of the Lower House have given the green light to…
Kagame: Africa must improve business environment to benefit
President Paul Kagame has said that even with the recent signing of the African Continental Free Trade Area (AfCFTA), African leaders must work to improve the…
A Really Big Deal' - Strive Masiyiwa Comments on AfCFTA
Zimbabwean entrepreneur, Strive Masiyiwa, has commented on the recently signed African Continental Free Trade Area (AfCFTA), which the Zimbabwe…
AfCFTA, other AU initiatives for economic integration
Talkmore Chidede, Correspondent. The African Continental Free Trade Area AfCFTA is part of the broader economic integration and development agenda…
AfDB and ECA pledge greater support to the success of AfCFTA
Again, 27 countries also signed these separate AU Protocol on Free Movement of People, which complements the AfCFTA by providing for visa-free travel, the…
Rwanda deposits instruments of AfCFTA & Free Movement of
Rwanda’s Minister of Foreign Affairs Louise Mushikiwabo submitting instruments of ratification of the African Continental Free Trade Area to African Union’s…
AfCFTA set to speed up Zim's economic recovery
ZIMBABWE is set to benefit immensely from the agreement establishing the African Continental Free Trade Area (AfCFTA) signed recently by President Emmerson…
AfCFTA Bakal Jadi di Market Terbesar Setelah AFTA Milik
AKURAT.CO, AfCFTA juga penting bagi ekonomi lain di luar Afrika. Sebuah pasar tunggal sekitar 1,2 miliar orang serta sekitar USD3 triliun dalam GDP…
Ecco la Schengen africana, l'Ua firma il AfCFTA Intervista ad
L’Africa diventer, presto, l’area di libero scambio commerciale pif grande del mondo, dopo l’Organizzazione mondiale del commercio (Omc). Nella giornata di…
Manufacturers Association of Nigeria supports govt move to
The AfCFTA was signed by 44 countries of Africa to boost trade among African nations through the creation of a single market. Nigeria, the largest economy in…
Eighty per cent African countries sign up for AfCFTA
President Kagame is the current Chairperson of the African Union. Three hours later, 44 countries had signed the AfCFTA, 43 signed the Kigali declaration and 27…
Emotional Moment As 50 Countries Sign up for AfCFTA
It was a long journey right from the Abuja Treaty in 1991, which set foot for the current AfCFTA. At exactly 12 noon Kigali time, the President of Niger moved…
Nigeria Is Supportive of AfCFTA-Kagame - KT PRESS
This afternoon, 50 African countries signed the historic Africa Continental Free Trade Area (AfCFTA), an agreement that will create a single African market. But…
AfCFTA to boost intra-Africa trade
The AfCFTA is aimed at creating a single continental market for goods and services with free movement of businesses and investments. This, according to the AU,…
AfCFTA: association advises FG on awareness creation, consultation
AfCFTA seeks to make Africa the largest free trade area, improve its economies and strengthen its position in global trade. Ukaoha said President Muhammadu…
PHOTOS: Officials work to iron out contentious issues ahead
As the signing of the African Continental Free Trade Area draws closer, Foreign Affairs Ministers from across the continent are working to address three…
Namibia must suspend signing of AfCFTA
This comes after Namibia agreed to sign the African Continental Free Trade Area (AfCFTA) agreement in July 2018, after signing the declaration of intent in March…
AfCFTA Agreement: Buhari bows to pressure, cancels Nigeria's participation
By Johnbosco Agbakwuru BARELY after three days the Federal Executive Council, FEC, gave President Muhammadu Buhari the approval to join other African…
Rwanda inches closer to AfCFTA ratification | The New Times
Rwanda will soon complete the ratification process of the African Continental Free Trade Area (AfCFTA) agreement and will in the coming few days submit…
UNECA Chief Songwe urges Africa take bold actions on AfCFTA
Now we must seize the momentum at hand to focus on how to operationalise the AfCFTA agreement, in a manner that realises its potential to the benefit of the…