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AfCFTA

AfCFTA ratification process slow – official
30-Jan-2023 Journal du Cameroun
Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the protocol on the movement of people.The agreement has, thus far, been signed by fifty-four of the fifty-five African Union (AU) member states.
Towards free market: Africa’s ’prosperity dialogue’ confronts many barriers
26-Jan-2023 TRT World
The Ghana summit is aimed at achieving deeper economic integration between African states and outlining its industrialisation priorities.
Free trade in Africa: The ‘Why’ is inseparable from the ‘How’
24-Jan-2023 Econlib
Free trade may be on wane in popular opinion from the US to China, but across the world’s second largest continent – by geographic size and population – it is a different story.
AfCFTA protocol on investment draft (Feb 2022)
18-Jan-2023
Two years after AfCFTA, intra-African trade remains low
12-Jan-2023 The Guardian
Two years after the world’s largest free trade area became operational with much fanfare on January 1, 2021, the implementation of the single continental market has been delayed for several reasons.
AfCFTA: rising energy cost, forex crisis threaten local manufacturing
11-Jan-2023 Punch
SAMI OLATUNJI examines how local challenges could stop Nigeria from reaping the benefits of the African Continental Free Trade Area.
Without an end to conflict, the African Continental Free Trade Area is an exercise in futility
11-Jan-2023 Daily Maverick
The recurrence of terrorism, intrastate conflicts, xenophobia, military coups and interstate conflicts reduces prospects for the successful implementation of the African Continental Free Trade Area.
US plans $55bn investment in Africa, keys into AfCFTA
10-Jan-2023 Leadership
The United States of America(USA) has revealed a blueprint that will enable a massive investment inflow into Africa, as Joe Biden’s administration begins winning the heart of African leaders.
AfCFTA targets $12bn trade in 4 years –Experts
22-Dec-2022 The Sun
Stakeholders have said the African Continental Free Trade Area Agreement (AfCFTA) has the potential to grow trade value in Nigeria to the tune of $12 billion by 2027.
Kenya–US resume physical trade meetings
21-Dec-2022 The Star
Trade talks between Kenya and the US are back on track with full resumption of in-person meetings after a six-month break following Kenya’ s elections and change of administration.
US Chamber, African Continental Free Trade Area secretariat sign MOU, launch working group to strengthen collaboration
21-Dec-2022 US Chamber of Commerce
The U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) and the African Continental Free Trade Area Secretariat (AfCFTA) signed a Memorandum of Understanding (MoU) today to launch a working group to help advance trade and investment between the U.S. and Africa.
Africa’s bumpy road to regional economic cooperation
20-Dec-2022 Business a.m
Countries of West Africa have an uphill task before them on the political and economic fronts. Recent events have proved rather distressing and they clearly signpost greater causes for worries about the sub-region’s future.
Will US replace African Growth and Opportunity Act with Continental Free Trade Agreement?
20-Dec-2022 Daily Maverick
Does the US intend to replace Agoa — the African Growth and Opportunity Act — which has benefitted so many SA exporters, with a free trade agreement with the African Continental Free Trade Agreement (AfCFTA) when Agoa expires in 2025?
Weak macroeconomic environment may undermine AfCFTA implementation — BoG governor
8-Dec-2022 Graphic online
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has stressed the need for African central banks to pursue prudent macroeconomic management supported by growth-oriented policies to ensure a successful implementation of the African Continental Free Trade Area (AfCFTA).
Nigeria moves to become gateway to AfCFTA, signs MoU with Vietnam
8-Dec-2022 Nairametrics
The Nigerian government, in a bid to boost trade with South East Asia and maximize the African Continental Free Trade Area (AfCFTA) agreement, has announced plans to make $336 billion exporter Vietnam use Nigeria as a gateway into the African market.
Kenya eyes duty-free deal with 3 countries
8-Dec-2022 Business Daily
The cabinet says negotiations with the US, South Korea, and the United Arab Emirates on the Free Trade Area are ongoing as Kenya seeks to expand access to its products beyond the regional and traditional markets.
The future of US-Africa trade
1-Dec-2022 Atlantic council
Ambassador Katherine Tai, the 19th United States Trade Representative, and Secretary General Wamkele Mene of the African Continental Free Trade Area discuss US-African engagement in the AfCFTA-FRI, DECEMBER 2, 2022 • 9:00 AM ET
Standardisation key to reaping AfCFTA benefits, says F.G
30-Nov-2022 This Day
The Minister of State for Industry, Trade and Investment, Mrs. Maryam Katagum, has said that the role of the Standards Organisation of Nigeria (SON) remained critical in helping the country’s manufacturing sector to fully benefit from the African Continental Free Trade Agreement (AfCFTA).
Ghana, six others begin trade under AfCFTA
30-Nov-2022 Modern Ghana
Ghana and six other countries have started trading goods and services under the African Continental Free Trade Area (AfCFTA).
AU summit showcases Common African Agro-Parks
29-Nov-2022 EABWNews
The African Union Members States, the Regional Economic Communities, the United Nations (FAO, UNIDO, ECA), and Development Partners converged to discuss the implementation and financing modalities for the establishment of the Common African Agro-Parks (CAAPs).