African Union


European Union and AfCFTA secretariat strengthen their partnership to promote intra-African trade and investment
The EU and the AfCFTA Secretariat signed a Memorandum of Understanding on 20 April 2026, strengthening their partnership to accelerate the African Continental Free Trade Area which is the largest free trade area in the world.
US, African Union launch strategic investment group
Joint statement was released by the Government of the United States of America and the African Union Commission on the occasion of today's agreement to establish a Strategic Investment Working Group.
PAPSS COWRY Lagos 2025: Africa stakes its claim on the future of payments
Since its public debut in January 2022, PAPSS has matured rapidly, now connecting 19 countries, 160 commercial banks, and 15 national switches, allowing cross-border transactions to clear in local currencies within a maximum of 120 seconds.
New white elephants in Africa?
The third summit on financing African infrastructure development is set to take place in Luanda from 28 to 31 October 2025. It aims to mobilise capital from Africa and elsewhere to strengthen the corridor strategy and boost investment in infrastructure to increase trade within the AfCFTA.
Nigeria at risk as US threatens extra 10% tariff on BRICS nations, slams 25% on Japan, S’Korea
United States President, Donald Trump, has warned that countries supporting BRICS policies that clash with U.S. interests will face an additional 10 per cent tariff.
AfCFTA at the heart of Africa-EU trade vision
The AfCFTA took center stage at the 3rd African Union-European Union Ministerial Meeting in Brussels, as ministers from both blocs framed the landmark trade pact as the cornerstone of their joint strategy to drive investment, deepen value chains and create jobs—especially for youth and women.
Trade deception returns in Pan-Africanist guise
The World Bank has exaggerated probable gains from the African Continental Free Trade Area (AfCFTA) to promote partial and uneven trade liberalisation that is unlikely to enhance development on the continent.
Single Africa market under threat — former minister questions AfCFTA relevance
AN economist and former Deputy Finance Minister, Kwaku Kwarteng, has revived the debate on how realistic it is to have a single market under the African Continental Free Trade Area (AfCFTA) agreement.
AfCFTA fails to boost Africa's global trade share beyond 3% as countries trade more outside the continent
Africa's global trade participation still stands at less than 3%, largely driven by merchandise trade in 2023, the Economic Commission for Africa (ECA) report on the assessment of progress on regional integration in Africa has said.
Operational phase of the African Continental Free Trade Area launched
The 12th Extraordinary summit of the African Union which was held in Niamey on the 7th of July 2019 was a momentous occasion for Africa, as it saw the successful launching of the operational phase of the African Continental Free Trade Area (AfCFTA).