Af Cfta

AfDB Invested $1bn On African SMEs, Others - Adesina

The African Development Bank (AfDB) has so far invested about $1 billion on small businesses and infrastructure in Africa, president of the bank, Dr Akinwunmi Adesina, has said.Dr Adesina disclosed this on Monday in Malabo, Equatorial Gu...

Joburg Post·almost 5 years ago

Decision on AfCFTA Will Be Guided By National Interest - Buhari

 Nigeria would be guided by national interest in taking any decision on the agreement establishing the African Continental Free Trade Area (AfCFTA), President Muhammadu Buhari said yesterday in Abuja.Receiving national council of the Man...

Joburg Post·almost 5 years ago

Zimbabwe's Private Sector Says Its Not Ready for African Continental Free Area

The private sector in Zimbabwe has admitted that local manufacturers are not yet ready to join the African Continental Free Trade Area (AFCFTA) due to serious economic challenges and policy inconsistencies obtaining back home.Speaking at...

Joburg Post·almost 5 years ago

Zimbabwe: AfCFTA to Boost Mining - UN Body

One of the United Nations' five regional commissions, the Economic Commission for Africa (ECA) believes Zimbabwe is poised to attract more capital for its mining sector on the back of dismantled borders following the establishment of the...

Joburg Post·almost 5 years ago

Nigeria will Sign African Free-trade Deal

Nigeria will sign the African Continental Free Trade Agreement (AfCFTA) at an African Union summit in Niger’s capital Niamey this weekend, after holding out for over a year. The announcement made late on Tuesday brings the historic deal ...

Joburg Post·over 4 years ago

Mnangagwa-Ramaphosa in Energy Talks

President Emmerson Mnangagwa yesterday held successful bilateral talks here with his South African counterpart, President Cyril Ramaphosa, to find lasting solutions to Zimbabwe's power problems, clearing the way for officials from the tw...

Joburg Post·over 4 years ago

Africa to Commence Trading Under Free Trade Pact in July 2020

The African Continental Free Trade was launched yesterday at the 12th Extraordinary Summit of the African Union in Niamey, Niger. President Paul Kagame described the launch of the operational phase of the African Continental Free Trade A...

Joburg Post·over 4 years ago

South Africa Works to Finalise Tariff Schedule of AfCFTA

With the African Continental Free Trade Area Agreement (AfCFTA) expected to reshape the economy, South Africa still has a lot of homework to do to in finalising its tariff schedule related to the agreement, says Trade and Industry Minist...

Joburg Post·over 4 years ago

Central Africans Express Mixed Reactions to Continental Free Trade Area

Analysts and businesspeople in the six-member Central African Economic and Monetary Community say that although the African Continental Free Trade Area launched in Niger last Sunday at an African Union summit brings hope for pan African ...

Joburg Post·over 4 years ago

Ghana Hopes to Benefit From Hosting Africa’s Free Trade Area Secretariat

Ghana has been chosen by the African Union (AU) to host the secretariat of the African Continental Free Trade Area. It beat other competing countries including Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal to win the bid. As a...

Adu Owusu Sarkodie·over 4 years ago

Barriers to Regional Trade Could Hurt African Free Market

The failure by Comesa-EAC-SADC member states to sign and ratify instruments for the creation of a tripartite free trade area (TFTA) four years after its launch points to countries' reluctance to open up their markets. Experts warn that t...

Njiraini Muchira·over 4 years ago

The African Free Trade Zone Can’t Ignore Continent’s Security Issues

The new African free trade zone came into effect at the end of May 2019. All of the African Union’s (AU) member states are now legally bound to allow African goods to be traded without restraint throughout the continent. But there are so...

Christian Abadioko Sambou·over 4 years ago

Afreximbank Pledges U.S.$1 Billion for AfCFTA

The African Export-Import Bank (Afreximbank) has said it will institute a $1 billion adjustment facility to cushion the effects of the African Continental Free Trade Area (AfCFTA) implementation. This is coming as the African Development...

Joburg Post·over 4 years ago

10 Potential Benefits of AfCFTA

On Sunday, President Muhammadu Buhari signed the African Continental Free Trade Area (AfCFTA) agreement. The signing of the agreement brought to an end several months of wait by stakeholders in the Nigerian economy. With a GDP of about $...

Joburg Post·over 4 years ago

Africa’s free trade area offers promise for cities – but only if there’s investment

If implemented as foreseen by the agreement, the free trade area will unlock significant growth for the African continent

Astrid R.N. Hass- Fellow, Infrastructure Institute, School of Cities, University of Toronto·over 1 year ago

President Cyril Ramaphosa to officiate South Africa's first Trade shipments under AfCFTA

President Cyril Ramaphosa will on Wednesday, 31 January 2024 , officiate the launch of South Africa's first shipment and preferential trading under the African Continental Free Trade Area (AfCFTA).

The Presidency of the Republic of South Africa ·about 2 months ago

Opening up South Africa's gateway to the world

Last week, I launched the first export shipment of goods produced by South African companies destined for other African countries under the preferential trade provisions of the African Continental Free Trade Area (AfCFTA) from the Durban...

The Presidency of the Republic of South Africa ·about 2 months ago