Africa Free Trade

Latest News for: Africa free trade

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Africa roots for infrastructure modernization to spur growth

China.dot.org 17 May 2022

According to Mahamat, the benefits of the Africa Continental Free Trade Area (AfCFTA) will trickle down to ordinary citizens once countries prioritize investments in new roads, fiber optic cables, ports and modern railways.

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Empire of Hypocrisy

Off Guardian 17 May 2022

... end up effectively impeding free trade and causing injustice to developing countries”. Good grief! We can’t have free trade impeded! What about the poor natives in Africa who are simply crying out to have their economic potential developed by our friends at the World Bank?.

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Report on Africa addresses continent’s vulnerability during COVID-19

New Business Ethiopia 16 May 2022

... system for future pandemics; Build domestic capacity for vaccine production through initiatives such as the Partnerships for African Vaccine Manufacturing; Leverage the African Continental Free Trade Area and other Africa-wide initiatives to create decent jobs and reduce poverty.

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Turkiye seeks to increase trade volume with Uganda

Anadolu Agency 15 May 2022

Uganda has also ratified the African Continental Free Trade Area, removing trade barriers, with Africa’s population of 1.3 billion. African countries enjoy access to external markets under special agreements with over 6,000 products eligible for US markets under Africa ...

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Africa's recovery from COVID-19, Ukraine crisis takes center stage at flagship economic conference

Xinhua 15 May 2022

They also called for the full operationalization of the Africa Continental Free Trade Area (AfCFTA) Agreement. They reckoned that the historic continental free trade pact would boost trade and investment among African countries, eventually helping countries to easily rebound from the economic contraction caused by ongoing uncertainties.

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Roundup: Africa's recovery from COVID-19, Ukraine crisis takes center stage at flagship economic conference

China.dot.org 14 May 2022

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Industrialisation and AfCFTA present multiple opportunities for private sector – Kojo Aduhene

B & FT Online 13 May 2022

Aduhene is upbeat about the prospects for increased intra-regional trade through the African Continental Free Trade Area (AfCFTA), which he says holds the key to boosting Africa’s competitiveness over time ... “The African Continental Free Trade Area is excellent, because it forces countries to take decisions.

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Industrialisation, AfCFTA presents multiple opportunities for private sector – Kojo Aduhene

Joy Online 13 May 2022

The opportunities emerging for investors to play a part in Africa’s ... Aduhene was upbeat about the prospects for increased intra-regional trade through the African Continental Free Trade Area (AfCFTA), which he said held the key to boosting Africa’s competitiveness over time.

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AU must facilitate digital platform for trade access on the continent – Annoh-Dompreh

Joy Online 13 May 2022

Describing the digital platform as a “crucial” mechanism, he believes it would led to more seamless trade interaction on the continent and would further enhance the integration of Africa’s trade blocs as the African Free Trade agreement picks up ... African Trade Exchange.

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High corruption major threat to businesses - PwC Survey

Business Ghana 13 May 2022

“The survey also indicated that businesses are generally unprepared for the Africa Continental Free Trade Agreement (AfCFTA) as an opportunity, while 82 per cent of them prioritised ‘expanding digital competencies’ as a top focus for doing business in the new normal,” it said.

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Gov’t to launch national airline to benefit from AfCFTA – Hassan Tampuli

Business Ghana 12 May 2022

The government believes this will not only build the aviation sector in the country, but create opportunities for Ghana to benefit from the Africa Continental Free Trade Area ... a new airline for the growth of the country’s economy via the Africa Continental Free Trade Area.

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Akufo-Addo gov't to introduce battery-powered electric trotros to boost public transportation – Hassan Tampuli

Modern Ghana 11 May 2022

He sid the move is part of efforts to strengthen Ghana rsquo;s public ...

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AfCFTA is a call to action

Ghana News Agency 10 May 2022

Speaking at the opening of the 2022 Chartered Institute of Logistics and Transport Africa Forum in Accra, Mr Krapa said Africa’s share of global trade was three per cent and called for effective steps to strengthen regional value chains. The forum is on the theme, “Sustainable Implementation of the Africa Continental Free Trade Agreement.

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Zambia and SA wooing investors at 2022 Mining Indaba

Independent online (SA) 10 May 2022

South Africa fell to 75th place out of 84 countries (down from 40 in 2019) and was ranked 12th out of 15 countries in Africa ... Mantashe said the Africa Continent Free Trade Area could cut red tape and boost trade on the continent, significantly improving mining supply chains and reducing input costs.

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GNCCI to train 800 young entrepreneurs to leverage AfCTFA

Business Ghana 10 May 2022

The MSME Digital Skills Training project seeks to train and build capacity in digital techniques of the young entrepreneurs to improve their performance in their fields of endeavour and be ready for the Africa Continental Free Trade Agreement (AfCFTA) opportunities.