Zimbabwe can access 5,900 free tariff lines under AfCFTA, opening opportunities in the $3.3 trillion African market, boosting economic growth.
AfCFTA
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Under AfCFTA’s GTI, Nigeria begins formal exports, enhancing continental commerce.
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China and Africa have maintained their strong economic ties in 2023, with bilateral trade reaching a record high of US$282.1 billion, according to the latest Chinese customs data. However, Africa’s…
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Africa’s ambitious free trade project is set to expand its pilot payment system to 31 countries this year, as it seeks to boost intra-regional trade and economic integration. The African…
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In a landmark move, the Africa Private Sector Summit (APSS) has urged African governments to adopt a Charter on Private Sector Bill of Rights (PSBoR), aiming to create a more…
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Kenya has signed a historic trade deal with the European Union (EU) that will grant its exports duty-free and quota-free access to the bloc, officials announced on Monday. The…
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In a landmark move for African economic unity, Aliko Dangote, represented by Ahmed Mansur of Dangote Industries Limited, stressed the urgent need for enhanced economic integration in Africa. He made…
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The African Union (AU) has urged the United States Congress to extend its flagship trade program, the African Growth and Opportunity Act (AGOA), for at least another decade. The AU’s…
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Martina Biene, previously the Chairperson and Managing Director at Volkswagen Group South Africa (VWSA), steps into her new role as President of the African Association of Automotive Manufacturers (AAAM). She…
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African Petroleum Producers Organisation (APPO) Secretary-General, Omar Farouk Ibrahim, spotlighted key obstacles facing African oil producers: funding, technological knowledge, and market accessibility. In Abuja, at the third Africa Local Content…