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Tag Archives: AfCFTA

AfCFTA: Stakeholders Target African Digital Market by 2030

Stakeholders in Nigeria’s information and communications technology sector have expressed confidence that beyond achieving the African Continental Free Trade Area (AfCFTA) Agreement, Africa could succeed in having a single digital market by 2030 if all hands are on deck to build infrastructure that would position the Continent as the top …

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Nigeria’s FEC Approves Ratification of AfCFTA Agreement

Barely two months to the operationalisation of the African Continental Free Trade Area (AfCFTA), the Nigeria’s Federal Executive Council on Wednesday approved the instruments of ratification of the Agreement. The Commerce Africa reports that ahead of the AfCFTA operationalisation scheduled for January, 2021, no fewer than thirty countries have deposited …

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AfCFTA Goes Digital to Reduce Cost of Doing Business

Mr Wamkele Keabetswe Mene, Secretary-General, African Continental Free Trade Agreement (AfCFTA) said the AfCFTA would on December 5, 2020 launch a digital platform in South Africa to streamline all procedures that made business transactions expensive and enhance business linkages among the private sector. This had become necessary due to the …

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Ghana Holds National Conference on AfCFTA to sensitise Businesses

President Nana Addo Dankwa Akufo-Addo will, on Tuesday, October 20, open the second edition of the national conference on the implementation of the African Continental Free Trade Area (AfCFTA) Agreement in Accra. The two-day conference is on the theme: “Empowering Ghanaian Businesses to Harness the Benefits of the African Continental …

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Mene Affirms AfCFTA will Commence on January 1, 2021

Mr Wamkele Mene, Secretary General of the African Continental Free Trade Area (AfCFTA), says the continental trade regime will take off as planned on January 1, 2021. He said the AfCFTA Secretariat was targeting January 2021 for the commencement of the implementation of the free trade agreement following its postponement …

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NEPZA Prepares to Tackle AfCFTA Challenges–Adesugba

The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba said “with several economic zones all over the country, Nigeria has the capacity to prepare its manufacturing sector for the challenges” that may stem from the operations of African Continental Free Trade Area (AfCFTA) agreement billed to …

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AfCFTA: World Bank Sees Nigeria’s Income Grow by Only 4%

Nigeria and South Africa, the two largest economies in Africa will see their income grow by only 4 per cent from the African Continental Free Trade Area, the World Bank says in its recent “The African Continental Free Trade Area: Economic and Distributional Effects” report. The report found that Côte …

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