AfCFTA

African Continental Free Trade Area

European Parliament pushes for a new trade deal with Africa
The vote on the “Future of EU-Africa trade relations” focuses on five key themes: infrastructure, food security, civil society, fair trade agreements and sustainable economic development.
AfCFTA suffers setback as Benin Republic slams CFA9m on Nigeria-bound transit cargoes
The agreement was brokered by the African Union (AU) and was signed by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. The only country still not to sign the agreement is Eritrea, which has a largely closed economy.
ECOWAS regional experts meet on the draft Ecowas common schedule of specific commitments on trade in services for the African Continental Free Trade Area (AfCFTA)
To date, a total of forty-three (43) African countries are State Parties to the Agreement of the AfCFTA, including twelve (12) ECOWAS Member States.
Long-awaited Africa free trade area takeoff delayed by six states
Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021
Investor-state arbitration and the ‘next generation’ of investment treaties
As investor-state arbitration continues its growth as one of the most dynamic and controversial features of international investment law, developing countries must learn lessons from the decisions of arbitral tribunals on old-generation treaties.
Buhari woos Spanish investors with ‘tax-free environment’, free trade zone
Spain has been a major importer of Nigerian crude oil, and Nigeria’s exports to Spain stood at $4.8billion in 2020 whilst Spain’s exports to Nigeria increased from $97.2 million in 1995 to $517million in 2020
The ECOWAS Regional Competition Authority (ERCA) to coordinate ECOWAS Member States’ positions on the draft AfCFTA protocol on competition
The purpose of the meeting was to bring together a number of ECOWAS Member States (Gambia, Nigeria, Senegal) and ERCA officials for a brainstorming on the draft AfCFTA Protocol on competition...
President Kenyatta reaffirms Kenya’s commitment to enhancing ties with Switzerland
The Swiss President said Kenya is an attractive destination for investments and trade it serves as a gateway to Eastern and Central African region, and Swiss companies will benefit from the huge market provided by the AfCFTA agreement.
It’s Africa vs African Union
When the African Union rallies behind industry to regulate a sector that affects livelihood of 33 million smallholder farmers, we should shout from the rooftops
Scramble for Africa: A campaign primer on the African continental free trade area agreement
Africa is one of the richest continents in the world in terms of land and natural resources, but its people are the poorest. The region is home to about 70% of the world’s poor.