Africa Business Headlines International

Nigeria to sign Africa free trade agreement—Presidency

Nigeria’s presidency on Tuesday said the West African nation will sign the Africa free trade agreement at the coming African union summit. According to a statement posted on the presidency’s Twitter feed, Nigeria would sign onto the deal at the upcoming African Union extraordinary summit in Niamey, Niger. The Summit is taking place to celebrate […]

Africa Business Headlines International

Africa’s free trade zone kicks-off

The African Continental Free Trade Area (AfCFTA), the African Union’s flagship project for the continent’s economic integration, came into effect on Thursday with the aim of increasing intra-African trade by 60% before 2022, announced the AU. The African Union (AU) hopes the agreement will create a continental $2.5 trillion market of 1.2 billion people and […]

Africa Headlines International

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 […]

Africa Business Headlines International Morocco

Morocco believes in potential to increase intra-African trade

Morocco believes in the potential for increased trade on the African continent and co-development in various sectors, said Monday evening in Marrakech, Moroccan Minister of Economy and Finance, Mohamed Benchaaboun. “We have already conducted major operations with several African countries in the areas of services, including financial services (banking and insurance), as well as telecommunications […]

Africa Business Headlines International Morocco

Morocco Hosts 52nd Session of UN Economic Commission for Africa

The 52nd session of the UN Economic Commission for Africa (ECA) is convening in Marrakech from March 20 to 26 under the theme: “fiscal policy, trade and the private sector in the digital era: a strategy for Africa”. The event is an opportunity for African ministers to discuss the fiscal policies necessary for the implementation […]

Africa Business Headlines International Morocco

Morocco-Africa: Cabinet Council adopts bill on AfCFTA

he Moroccan Cabinet Council adopted Thursday at its weekly meeting Bill 11.19 ratifying the agreement establishing the African Continental Free Trade Area (AfCFTA), signed in March 2018 in Kigali, capital of the Rwanda. The announcement was made by the Government Spokesperson Mustapha El Khalfi at the press briefing that followed the meeting. To enter into […]

Africa Business Headlines International Morocco

AfCFTA, a Landmark Event Shaping Tomorrow’s Africa, King Mohammed VI Says

King Mohammed VI of Morocco has described the signing this Wednesday of the agreement setting up the African Continental Free Trade Area as a defining moment in history and a landmark event, which attests to African States’ shared determination to build an Africa for the future. In a speech to the Extraordinary Summit of the […]

Africa Business Headlines International Morocco

Morocco Signs Accord Setting Up African Free Trade Area

Morocco, which rejoined the African Union last year, signed this Wednesday the agreement launching the African Continental Free Trade Area (AfCFTA). The signing ceremony took place at the 10th Extraordinary Summit of the African Union on AfCFTA convened in Kigali, Rwanda. The AfCFTA was inked by Head of Moroccan Government Saâd Eddine El Othmani, who […]