ISDS Case Map
AfCFTA
African Continental Free Trade Area
An economist at the Centre for Public Integrity (CIP) argues that Mozambique is not in a position, in the short-to-medium term, to ratify the African Continental Free Trade Agreement (AfCFTA).
All SACU members need to ratify the AfCFTA before any of its members can start trading under it. ECOWAS States were facing the same problem.
Dangote Industries Limited has stated that its cement expansion plan and fertiliser investments will open new trade routes for the company and Nigeria under the trade deal.
Members of Africa’s new free trade area should complete their tariff reduction schedules and finalise essential rules of origin by July.
African countries began officially trading under a new continent-wide free trade area, after months of delays caused by the global coronavirus pandemic.
Deal will ‘vitalise cooperation between our two countries and strengthen China-Africa economic ties’, head of African affairs at Chinese foreign ministry says.
Friday marked the start of trade for South African firms under two new trade agreements, the trade and industry and competition department (dtic) said.
Taiwan's Chinese International Economic Cooperation Association encouraged Taiwanese companies to take advantage of free trade deals in Africa.
The sharp decline in manufactured goods trade and the growing food deficit over the past 25 years call for the African Union to be more modest in its ambitions to become “the next world manufacturing center”, far from the free trade illusion of the AfCFTA.
The AfCFTA requires strong infrastructure linkage across the African continent, an area where China can reach out to help.
