Africa Free Trade

Saturday, 27 November 2021

Latest News for: Africa free trade

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Conference to boost Sino-African cooperation

China Daily 27 Nov 2021

China has not only been Africa's largest trading partner for 12 consecutive years, it is also one of the biggest investors in Africa and biggest financier for infrastructure construction ... The FOCAC can also expedite the establishment of free trade zones in Africa and the integration of African countries into an economic bloc.

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Leading African manufacturer, Montego chooses Ghana for expansion drive

Joy Online 26 Nov 2021

The largest privately-owned pet food manufacturer in Africa, Montego, has announced the expansion of its product range in Ghana through a new partnership with local distributor, Prestige Trade which has been importing and distributing pet products locally, since 2018.

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Ties with global firms seen unlocking Nigeria’s pharma opportunities

Business Day Online 26 Nov 2021

Also, NIROPHARM believes more can be tapped from regional trade integration across Africa. For instance, the recent movement for freer trade across Africa encapsulated in the Africa Continental Free Trade Area (AfCFTA) agreement, which plans to integrate trade across the 55 members of the African Union, is one solution.

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BOA stands out as lead Trade Finance Bank

B & FT Online 26 Nov 2021

Touching on the bank’s cross border trade strategy, Deputy Managing Director, BOA Ghana, Youssef Benrhafiane, indicated that as businesses across the country seek to explore export opportunities and become major players in the Africa Continental Free Trade Area (AfCFTA) market, ...

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Access Bank partners DEG and AHA for economic development

Joy Online 26 Nov 2021

“Additionally, in the past 18 months, we have expanded our African market to Botswana, South Africa and Kenya ... He also commended the government of Ghana for its efforts in ensuring a conducive working atmosphere, as the gateway to Africa and its support to companies under the African Continental Free Trade Area.

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Full Text: China and Africa in the New Era: A Partnership of Equals

Xinhua 26 Nov 2021

China and Africa have seen economic and trade cooperation expanding rapidly in scale and extent ... China has been Africa’s largest trading partner for the 12 years since 2009 ... With the official launch of the African Continental Free Trade Area, Africa’s economic integration is accelerating, providing more room for growth in China-Africa cooperation.

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Mastercard Foundation and Africa CDC’s Saving Lives and Livelihoods initiative delivers first tranche of over 15 million vaccines

Reliefweb 26 Nov 2021

John Nkengasong, Director of the Africa CDC ... “AVAT vaccines, partly manufactured in South Africa, are a true testament that local production and pooled procurement as envisioned in the African Continental Free Trade Area (AfCFTA) are key to the attainment of a more sustainable post-COVID economic recovery across the continent,” said Dr.

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AfCFTA will enhance employment, wealth generation, food security in Nigeria – Abiodun

Business Day Online 26 Nov 2021

Ogun State Governor, Dapo Abiodun has said that Nigeria and other members of the Africa Continental Free Trade Area Agreement (AfCFTA) stand to gain immensely from the agreement in the area of employment, wealth generation, food security and poverty alleviation.

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Ghana can create better jobs through accelerated economic transformation – World Bank

Business Ghana 26 Nov 2021

“This is the time for Ghana to fill that ‘missing middle’ by cultivating export-oriented activities in both manufacturing and services and harnessing the transformative potential of trade; it faces a historic opportunity to do so with the Africa Continental Free Trade Area (AfCFTA).”.

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Promoting trade with African countries, govt top priority: Abdul Razak Dawood

Urdu Point 25 Nov 2021

"African continent is the largest free trade area with 1.2 billion persons market."It has tremendous business potentials and resources to benefit its market and government of Pakistan."The 'Look Africa Initiative' aims at improving trade and investment relationship between Africa and Pakistan.

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FDA poised to break down regulatory barriers to facilitate Intra-African Trade

Ghana Web 25 Nov 2021

The Food and Drugs Authority (FDA) has reiterated its commitment to support the Africa Continental Free Trade Area (AfCFTA) initiatives aimed at promoting intra-African trade ... FDA participated in the just-ended 2nd Intra-African Trade Fair, 2021 organized under the auspices of the Secretariat of the Africa Continental Free Trade Area (AfCFTA).

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Kenya Airways and South African Airways sign strategic partnership framework

Algeria Times 25 Nov 2021

The partnership framework aligns well with the aspirations of the Africa Continental Free Trade Area Agreement (AfCFTA) of providing a single market for goods and services, facilitated by movement of persons and goods to deepen the economic integration and prosperity of the African continent.

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IATF 2021: Experts say African Economies need strong industrial value chains for AfCFTA

Ghana Web 25 Nov 2021

... trade ... So, within the free trade area, we need to harmonize the right standards; we need vehicles that come from the fleet assembled in Africa to be maintained at the right intervals, to return the residual values so that they can attract affordable finance,” he added.

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48 Ghanaian SMES showcase products and goods at IATF 2021

Ghana Web 25 Nov 2021

... (IATF 2021) which came off last week in Durban, South Africa. The one-week fair which was organized under the auspices of the Africa Continental Free Trade Agreement Secretariat and Afrexim Bank was themed on “Building Bridges for a Successful AfCFTA”.

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Kenya Airways and SAA seek to create new Pan African airline group by 2023

Independent online (SA) 25 Nov 2021

The partnership framework aligns well with the aspirations of the Africa Continental Free Trade Area Agreement (AfCFTA) of providing a single market for goods and services, facilitated by the movement of persons and goods to deepen the economic integration and prosperity of the African continent.