African continental free trade area AfCFTA

Oil exploration: Qatar Petroleum gains foothold in the Tarfaya offshore area

Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]

AfDB grants €12.3 million for Abidjan-Lagos road corridor project

The African Development Bank approved an additional funding of €12.33 million in favor of the ECOWAS Commission to cover part of the costs related to the study of the Abidjan – Lagos motorway corridor development project. This corridor links the capitals of five West African states – Côte d’Ivoire, Ghana, Togo, Benin and Nigeria – […]

UK to cut import taxes on 99% of goods imported from Africa

The United Kingdom is to cut import taxes on hundreds more products from some of the world’s poorest countries, which is a part of its wider push to use trade to “drive prosperity and help eradicate poverty”, as well as reduce dependency on aid. The Department for International Trade said Monday (15 August) the scheme […]