Latest News for: Africa free trade


Covid-19 vaccine from India land in at least 6 African nations: Official

Hindustan Times 01 Mar 2021
"I hope Ficci members are able to grab the enormity of the change that has come about in Africa and make the most of it, be the first movers and take advantage of this Africa Continental Free Trade Agreement," Rahul Chhabra -- Secretary (Economic Relations) in the Ministry of External Affairs said.

ACBF calls for promotion and adoption of Model Law on Factoring under AfCFTA

Ghana Business News 01 Mar 2021
The Africa Capacity Building Foundation (ACBF) is calling for the adoption of Model Law on Factoring under the Africa Continental Free Trade Area with the sole aim of boosting trade among member countries ... ever, with the launch of the African Continental Free Trade Area (AfCFTA).

Covid vaccine supplies from India have landed in at least six African nations: Official

The Times of India 01 Mar 2021
Addressing the 'Namaskar Africa' virtual event hosted by industry body Ficci, Rahul Chhabra -- Secretary (Economic Relations) in the Ministry of External Affairs -- also urged Indian firms to leverage the advantages presented by the Africa Continental Free Trade Area Agreement (AfCFTA) that came into effect from January 1 this year.

India-Mauritius free trade pact the first of its kind: The Statesman

Straits Times 01 Mar 2021
NEW DELHI (THE STATESMAN/ASIA NEWS NETWORK) - The watershed development during the external affairs minister, Mr S Jaishankar's visit to Mauritius for Tuesday's (Feb 23) free trade and investment agreement, was indeed the first of its kind with any country in the continent of Africa.

Aswan Forum sheds light on pathway out of pandemic to development

Egypt Today 01 Mar 2021
President of African Development Bank (AfDB) Akinwumi Adesina stated that Africa loses $7-8 billion per annum because of climate change ... Duarte noted that Africa has strategic assets that can be leveraged through the implementation of African Continental Free Trade Agreement (AfCFTA), which will boost manufacturing either.

‘Pandemic Recovery is our Chance’, Secretary-General Tells Aswan Forum, Pledging Solidarity with Africa amid Efforts to Expand COVID-19 Vaccination

Reliefweb 01 Mar 2021
I welcome your focus on “Shaping Africa’s New Normal ... I reiterate the solidarity of the United Nations with the people and Governments of Africa at this time ... Economic growth has been strong, the digital revolution has taken hold [and] a free trade area has been agreed.

Towards a new Nigeria: From federal fatherism to a commonwealth

Business Day Online 01 Mar 2021
Your Excellency, Governor Akeredolu, like an athlete on the fourth and final lap of a 400-metre race, you must now run for the home stretch with your eyes fixed at the finish line, which is ahead of you ... Ondo state is rich in resources ... Read Also ... It could become a leading exporter of bitumen into Africa through the Africa Continental Free Trade Area.

Ghana, Spain to deepen ties

Graphic 27 Feb 2021
Trade. On trade, Ms Botchway said Africa, especially Ghana, was an ideal investment destination for Spanish businesses. She said the creation of the African Continental Free Trade Area (AfCFTA) with its headquarters in Accra, had created an avenue for investment and trade to thrive. “Africa is now the biggest free trade area.

Kenyan and US presidents pledge to strengthen bilateral ties

MegaloPreneur 26 Feb 2021
Kanze Dena Marrero, the spokesperson for Kenya’s presidential palace, said Kenyatta expressed full confidence in the ongoing negotiations for a free trade agreement between Kenya and the United States, which would help to further strengthen the strong economic ties between the two countries.

Prepare for fallout of AfCFTA — IMF

Graphic 25 Feb 2021
The International Monetary Fund (IMF) has called for country-specific policies to limit the disruptions that free trade under the Africa Continental Free Trade Area (AfCFTA) could pose to businesses and lives in Ghana and the rest of the continent ... “What we have known from trade ...

COVID-19 pandemic, racist attacks, Africa! (3)

Graphic 25 Feb 2021
Following the adoption of the Africa Continental Free Trade Agreement(ACFTA), it would be advisable to expedite action on African trade agreements with other free trade areas or partners, to ensure the continent derives maximum benefit and collective strength from them ... That remarkable example should serve as a source of motivation for Africa.