AfCFTA

African Continental Free Trade Area

AfCFTA targets $12bn trade in 4 years –Experts
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
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
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
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?
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
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
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
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
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
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).