Tag: AfCFTA
Experts urge African nations to shift to local currencies for trade and transactions
Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. ... Read More
Morocco reaffirms its firm commitment to Africa’s free trade area
Morocco has reaffirmed on Monday, during the 57th session of the United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of ... Read More
AfDB report highlights Africa’s economic strength driven by investment surge, bold reforms
A new report from the African Development Bank (AfDB) underscores Africa's impressive economic recovery, highlighting the continent’s resilience, growth, and the impact of bold reforms. ... Read More
AGOA expulsion to prompt South Africa, others to diversify export markets
As South Africa and possibly also other continental states face the real possibility of being expelled from the African Growth and Opportunity Act (AGOA), a ... Read More
AfCFTA at Five: Africa’s free trade dream faces reality check
The African Continental Free Trade Area (AfCFTA) marks its fifth anniversary amid growing concerns about its implementation pace and effectiveness. Despite ambitious goals to create ... Read More
Africa’s shifting migration patterns and new challenges to watch in 2025 — ACSS report
A sharp restriction in off-continental irregular migration combined with escalating push factors will continue to shape governance and security priorities in Africa in 2025, according ... Read More
India to forge strategic partnership with Africa through support for AfCFTA — experts
As the volume of trade between Africa and India has multiplied in the past 20 to 30 years and India has become the continent's third ... Read More
2025 a ‘critical juncture’ for Africa amid numerous challenges — Brookings report
2025 will be a critical juncture for Africa’s trajectory, with new political leadership in both the African Union and the United States, which will coincide ... Read More
Trade barriers removal will unleash AfCFTA and unlock Africa’s economic potential — UNCTAD
Addressing non-tariff measures and fostering regulatory convergence could unlock $7.1 billion in annual welfare gains, boost intra-Africa trade by 6%, and raise wages across the ... Read More
Africa Visa Openness Index 2024: mixed progress with many challenges lying ahead
The number of African countries offering e-visas has risen from 9 in 2016 to 26 in 2024, the latest addition of the Africa Visa Openness ... Read More