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…
Category: News
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…
Egypt races to reduce impact of $5 billion Ethiopian dam
The Grand Ethiopian Renaissance Dam, or Al-Nahda dam, has been under construction since 2011 and is due to be completed in 2022. When finished it will be…
Dispute over Nile water may turn into conflict
Egypt fears the Grand Ethiopian Renaissance Dam (GERD) will cut into its share of the river, which provides virtually all the freshwater for the arid country of 100…
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…
Ethiopia's Grand Renaissance Dam battles Egypt, Sudan on the Nile
The Grand Ethiopian Renaissance Dam will offer great benefits to all 11 countries and their citizens. Any ongoing tension between Ethiopia, Sudan and Egypt…
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,…
Ethiopia: The Grand Ethiopian Renaissance Dam Is the New
The Grand Ethiopian Renaissance Dam will offer great benefits to all 11 countries and their citizens. Any ongoing tension between Ethiopia, Sudan and Egypt…
The Grand Ethiopian Renaissance Dam is the new reality. Why a deal must be done
The Grand Ethiopian Renaissance Dam is the new reality. Why a deal must be done. February 25, 2019 4.50am EST. Shimelis Dessu…
Ethiopia’s Abiy signs deals to get things moving
The Grand Ethiopian Renaissance Dam is just one of the energy projects producing deals for Chinese companies in a government spending spree.
Ethiopia brings in Chinese firms to complete Nile dam
The Grand Ethiopian Renaissance Dam was originally expected to be completed in 2017 but design changes and a string of administrative problem have held…
Chinese firms brought in to “pick up pace” on Ethiopia's Nile dam - News
Power (EEP) has hired China Gezhouba Group to execute the pre-commissioning activities of the Grand Ethiopian Renaissance Dam (GERD), for $40.1m.
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…
Egypt, Sudan, Ethiopia Agree on Overcoming Obstacles in Renaissance Dam Negotiations
the talks on the Grand Ethiopian Renaissance Dam (GERD). Egyptian presidential spokesman Bassam Radi said that Sisi stressed the importance of adopting…
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…
Grand Ethiopian Renaissance Dam: At a standstill - Politics
Grand Ethiopian Renaissance Dam: At a standstill. Doaa El-Bey reviews the latest developments in the building of the Grand Ethiopian Renaissance Dam.
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…
Ethiopia to start producing energy from dam at end of 2020
The US-sponsored trilateral talks between Ethiopia, Egypt and Sudan seek to resolve a dispute over the Grand Ethiopian Renaissance Dam (GERD) being…
Egypt water anxiety grows over Ethiopia dam on Nile
Building site machines stand on the construction site of the Grand Ethiopian Renaissance Dam in Guba in the North West of Ethiopia, 24 November 2017.
Top 12 African infrastructure projects
But once fully activated, the Grand Ethiopian Renaissance Dam will generate 6,450 MW of power for Ethiopia and neighbouring countries, and will also be…
Water crisis looms for Egypt as Ethiopia's Nile mega-dam
the Grand Ethiopian Renaissance Dam and its likely consequences for Egypt. titled Grand Ethiopian Renaissance Dam or GERD, under construction on the…
Egypt's water scarcity reaches 140%, says ministry
and Sudan over the Grand Ethiopian Renaissance Dam, which Cairo fears will negative impact its access to Nile waters amounts to 55.5 billion cubic metres.
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…
GERD-lagging construction sees new delay due to work defects
Possible defects with the hydro-electrical plant’s equipment of the Grand Ethiopian Renaissance Dam (GERD) will postpone its completion to the end of 2022…
Ethiopia's huge Nile dam delayed to 2022 - News
company in Ethiopia will add four more years to the construction schedule of the Grand Ethiopian Renaissance Dam (GERD), a project official said yesterday.
Ethiopia Says GERD Needs 4 Years to Be Completed
Addis Ababa — The Grand Ethiopian Renaissance Dam (GERD), being built along River Nile, will be completed in 2022, GERD Project Manager Eng. Kifle…
2022 Slated as New Deadline for Grand Ethiopian
The Grand Ethiopian Renaissance Dam (GERD), being built along River Nile, will be completed in 2022, GERD Project Manager Eng. Kifle Horo said.
GCC expects to benefit from new hydropower plant in Ethiopia
A delegation from Saudi Arabia visited the construction site of the Grand Ethiopian Renaissance Dam in 2016. In May, Ethiopia’s new prime minister Abiy Ahmed…
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…
Rwanda: African Think-Tanks Say Insecurity Is a Threat to
Estimates by the Economic Commission for Africa (UNECA) indicate that AfCFTA has the potential to boost intra-African trade by eliminating import duties, and…
Nile countries prepare water monitoring system to fill data gaps
have been at loggerheads since 2011, when Ethiopia started building the 6.5-gigawatt Grand Ethiopian Renaissance Dam, set to be the largest dam in Africa.
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…
Somalia's Thorny Problems on the Horn of Africa
Editor’s Note: This assessment has been amended to delete a reference to the Grand Ethiopian Renaissance Dam as a Chinese infrastructure project.
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…
ETHIOPIA : Behind the scenes of 'Operation METEC' - Issue 1486 dated 23/11/2018 - The Indian Ocean Newsletter
evening of 25 July with the now-deceased project director for the Grand Ethiopian Renaissance Dam (GERD), Simegnew Bekele, on the very eve of his death.
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…
Ethiopia Offers Investors a Tantalizing, If Tainted, Promise
Indeed, the emphasis on critical — but expensive — infrastructure projects like the Grand Ethiopian Renaissance Dam has created an acute foreign exchange…
Madbouli reveals outcome of meetings with Algerian
The joint developmental fund will establish projects related to the Grand Ethiopian Renaissance Dam (GERD), according to Sudanese Foreign Minister Osama…
Grand Ethiopian Renaissance Dam nears completion, but not
Grand Ethiopian Renaissance Dam nears completion, but not without controversy. By Jehron Muhammad | Last updated: Nov 20, 2018 – 9:02:39 PM.
Navigating Ethiopia's journey towards reconciliation and justice
tasked with building major projects, including the Grand Ethiopian Renaissance Dam (GERD), of perpetrating an outrageous plunder of the national wealth.
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…
We are committed to follow-up, continuation of GERD talks: Ethiopian PM
in order to achieve the desired understandings over the Grand Ethiopian Renaissance Dam (GERD) for the benefit of the two peoples and the two countries.
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…
Afghanistan's Rivers Could Be India's Next Weapon Against
A similar dispute has been brewing between Egypt and Ethiopia as Egypt fears Ethiopia’s Grand Ethiopian Renaissance Dam will reduce its share of the Nile…
MetEC management, Security members detained
Following the recent stalemates in the negotiations over the Grand Ethiopian Renaissance Dam (GERD) · Politics | Mar 28. Ethiopia weathers US, Egypt…
Egypt: Negotiations on Ethiopia dam 'not easy'
Egypt is seeking to reach a “non-fragile” agreement on the Grand Ethiopian Renaissance Dam, the country’s water resources and irrigation minister, Mohamed…
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…
Will the next Middle East war be about water?
Construction on the Grand Ethiopian Renaissance Dam began in 2017 on the Blue Nile, the largest of the two tributaries that supply about 85% of water into…
Egypt woos Sudan as upstream Nile basin states draw closer
a share of the the electricity to be generated from the Grand Ethiopian Renaissance Dam and also to pressure Cairo into a compromise on the border dispute.
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.
GERD to collapse within years: int'l dam expert
international dam expert Ahmed Al-Shennawi has predicted the collapse of the Grand Ethiopian Renaissance Dam (GERD) after a few years of its operation.
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…
Infographic: The Global Transition to Green Energy
Take Ethiopia for example: the $4 billion Grand Ethiopian Renaissance Dam (GERD) project along the Nile River will help meet the area’s rising energy…
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…
Is Ethiopia taking control of the River Nile?
Ethiopia is building Africa’s largest dam — the Grand Ethiopian Renaissance Dam; Situated on the Blue Nile, the dam could threaten Egypt’s water supply…
Who is benefiting from Egypt's agricultural woes?
Egypt is also facing a major water shortage problem, which is projected to worsen when the Grand Ethiopian Renaissance Dam on the Nile in Ethiopia is…
Egypt to help Tanzania build huge dam on Rufiji River
a giant dam named the Grand Ethiopian Renaissance Dam, raising concerns from Egypt, a downstream country, about its annual share of the Nile water.
The Grand Ethiopian Renaissance Dam and the Nile
The Grand Ethiopian Renaissance Dam and the Nile. Sarah Lazarus, CNN. Published 5:57 AM ET, Fri October 19, 2018. Share. Egypt River Nile_IME_6 Egypt…
German Voith to supply 3 new turbines for Ethiopian
Last August, Ahmed admitted that the ambitious Grand Ethiopian Renaissance Dam (GERD), to be built on the Blue Nile, would face a delay of years. He initially…
Imran Khan Sounds Sincere about Solving Pakistan's Water
Nor would this be the first dam that has been crowdsourced – the Grand Ethiopian Renaissance Dam (GERD) was partially funded by internal fund raising.
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-…
METEC to Have Reorganization, New Name
METEC came under hot water recently for the delay it caused to the Grand Ethiopian Renaissance Dam (GERD) project. Prime Minister Abiy Ahmed himself…
Climate risk profile: Egypt - Fact Sheet - Egypt
The upstream construction of the Grand Ethiopian Renaissance Dam, will further divert the Nile’s water, implicating Egypt’s water security. Other reforms include…
Ethiopia: Former Dam Chief Back in Driver's Seat
Kifle Horo, former head of the Grand Ethiopian Renaissance Dam, has been named the new chief engineer of the project, replacing the position held by the…
Ethiopia: Kifle Horo Assigned as GERD's Project Manager
At the end of the works, the Grand Ethiopian Renaissance Dam will be the largest dam in Africa: 1,800 m long, 155 m high and with a total volume of…
Ethiopia: East Africa's Emerging Giant
These include expansive road and rail networks and the Grand Ethiopian Renaissance Dam, started in 2011 on the Nile River. When completed, the dam is set…
Ethiopia appoints new project manager for Nile dam
as the new general manager of the country’s most controversial hydro-dam on the Nile — the Grand Ethiopian Renaissance Dam (GERD) worth $4.8 billion.
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…