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Nigeria keen to join Africa free trade zone – Minister

Nigeria’s minister of industry, trade and investment on Monday said the West African nation will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he commissioned. Nigeria is one of 29 countries yet to sign the agreement seeking to boost intra-African trade, stimulate investment and innovation. In […]

US urged to renew AGOA in order not to ‘lose economic ground’ in Africa to China

The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]

UN rejects Libyan Parliament’s appointment of new Prime Minister

The United Nations Thursday rejected the appointment of former Interior Minister Fathi Bashagha as the country’s new Premier in replacement of the incumbent Abdul Hamid Dbeibah by the parliament, Al Wasat news outlet reports. The state legislature headquartered in Tobruk according to its spokesman Abdullah Belhaq voted unanimously to appoint Bashagha and granted him confidence. […]