A recently released report has now attested to the negative impact of AfCFTA. The report stated that the trade agreement among African countries will cause a…
Category: News
Nigeria Needs Strong Airlines to Benefit from AfCFTA
‘Nigeria Needs Strong Airlines to Benefit from AfCFTA’. editorAugust 9, 2019 2:09 Am. Chinedu Eze. The new Chairman of the House Committee on Aviation, Hon.
AfDB offers $4.8 million financial support for AfCFTA | Trade E
Intra-African trade remains low compared with other major regions such as the EU and Asia. AfDB offers $4.8 million financial support for AfCFTA. By Our…
China-backed dam could help power Africa
In Ethiopia though, Chinese contractors were hired earlier this year to accelerate work on the long-delayed Grand Ethiopian Renaissance Dam, which had been…
Varsity students discuss viability of AfCFTA
The debate was organised by African Rebirth, an initiative started by Enoch Tumwine that started the inter-University debates.”When you look at Africa, in general,…
Towards an AfroChampions fund to finance the AfCFTA
The AfroChampions Initiative has launched a private sector investment framework to secure financing for the African Continental Free Trade Area (AfCFTA).
Three Gorges Has Nothing on China-Backed Dam to Power Africa
In Ethiopia though, Chinese contractors were hired earlier this year to accelerate work on the long-delayed Grand Ethiopian Renaissance Dam, which had been…
Rwanda Hosts Global Business Forum to Negotiate AfCFTA
On July 7 this year, AfCFTA was operationalized during the 12th Extraordinary Summit of the African Union in Niamey, Niger. The continent’s single market is…
AfCFTA to offer a wealth of higher education benefits
The African Continental Free Trade Area (AfCFTA) is likely to yield significant benefits for higher education and professional labour mobility on the continent once it…
Egypt hands Ethiopia its vision of Renaissance Dam
in the Grand Ethiopian Renaissance Dam and its negative effects on Egypt’s share of the Nile waters, which is estimated at 55 billion cubic metres.
AfCFTA: Could this be the time for Africa
Clad in his signature all-white agbada with corresponding cap, Muhammadu Buhari, Nigeria’s president, signed the African Continental Free Trade Area…
Egypt, Ethiopia talk on filling GERD reservoir with water
CAIRO – 2 August 2019: Egypt and Ethiopia held a meeting on the under-construction Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile that feeds…
Death on the Nile Haunts Ethiopia's Rebirth
in the eye of multiple political storms that are still today battering one of Africa’s largest infrastructure projects: the Grand Ethiopian Renaissance Dam (GERD).
Nile River Water Supply Forecasts May Reduce the Chance of Conflict
Rising tensions between Egypt and Ethiopia over construction of the Grand Ethiopian Renaissance Dam (GERD) have led to speculation that there could be a…
AfCFTA Could Mitigate Africa's Debt Burden
Speaking at the opening ceremony, the Prime Minister Dr Edouard Ngirente said that the AfCFTA, which was operationalized on July 7 at the 12th Extraordinary…
Making AfCFTA work for Nigeria | The Guardian Nigeria News
Intra-African agricultural exports are mainly palm oil, sugar, maize, rice, and cigarettes. Conceptually, the agreement establishing the AfCFTA was signed at the…
AfCFTA will boost Nigeria's exports by 8% - Osinbajo
Amidst controversy over the benefits of Nigeria’s signing of the African Continental Free Trade Agreement, AfCFTA, the Vice President of Nigeria, Professor Yemi…
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…
Ethiopia, Egypt resume talks over Grand Ethiopian
tripartite talks between Ethiopia, Egypt and Sudan to reach an agreement on the rules of filling and operating the Grand Ethiopian Renaissance Dam (GERD).
Ethiopia willing to boost ties, resume dam talks with Egypt
tripartite talks between Ethiopia, Egypt and Sudan to reach an agreement on the rules of filling and operating the Grand Ethiopian Renaissance Dam (GERD).
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…
Concerns mount in Egypt as Israel boosts ties with Ethiopia
CAIRO – Egyptian analysts downplayed reports about Israel installing an advanced air defence system at the Grand Ethiopian Renaissance Dam, a multibillion-…
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.
Israel denies providing defence systems for Ethiopian dam
an air defence system to Ethiopia to protect the Grand Ethiopian Renaissance Dam being built on the River Nile, international news agencies have reported.
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…
Will a New Ethiopian Dam Choke Water-Parched Egypt?
This question is relevant because of the planned inauguration of the Grand Ethiopian Renaissance Dam (GERD) in Ethiopia in 2022, the biggest hydroelectric…
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…
Egypt calls for accelerating talks on GERD
Egyptian Minister of Foreign Affairs Sameh Shoukry called for accelerating the negotiations on the Grand Ethiopian Renaissance Dam (GERD) and abiding by…
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…
The Grand Ethiopian Renaissance Dam: Power for Ethiopia
The Grand Ethiopian Renaissance Dam: Power for Ethiopia, Disaster for Egypt? 13 June 2019 Mervyn Piesse, Research Manager, Global Food and Water Crises…
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.
Egypt finds a new ally in renaissance dam negotiations
The Grand Ethiopian Renaissance Dam (sometimes called Millennium Dam) has been in the works since April 2011. The planned 6-000 megawatts Dam…
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…
Ethiopia rations electricity as water falls behind major new dam - News
Built by Italy’s Salini Construttori beginning in 2006, the Gibe III dam is to be surpassed by the 6.4GW Grand Ethiopian Renaissance Dam (GERD) on the Nile…
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…
Ethiopia's Economic Miracle Is an Environmental Tragedy
Grand Ethiopian Renaissance Dam. Machines stand on the construction site of the Grand Ethiopian Renaissance Dam in Guba, northwestern Ethiopia.
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…
Cairo postpones meeting on Renaissance Dam negotiations
ministerial meeting on negotiations for the Grand Ethiopian Renaissance Dam (GERD) has been postponed, following the toppling of the Sudanese regime.
Cairo postpones meeting on Renaissance Dam negotiations
ministerial meeting on negotiations for the Grand Ethiopian Renaissance Dam (GERD) has been postponed, following the toppling of the Sudanese regime.
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,…
The Ethiopians are building a massive dam, and Egypt is worried
With the country already facing major water and food scarcities, the Grand Ethiopian Renaissance Dam, or GERD — set to be the biggest hydropower plant in…
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…
Ethiopia: Grand Ethiopian Renaissance Dam (GERD) in Eight
Addis Ababa — It has been eight years since Ethiopia embarked on one of its mega projects, the Grand Ethiopian Renaissance Dam (GERD), being built on Nile…
Construction of Grand Ethiopian Renaissance Dam at 66% complete
Construction works of the Grand Ethiopian Renaissance Dam (GERD) is well in progress and has reached 66%. GERD Project Manager, Eng. Kifle Horo…