Tag Archives: AfCFTA

There’s an energetic buzz in Africa’s aviation space. The latest launch of more direct flights between African countries is fuelling the continent’s push for “one sky.” SPECIAL REPORT | BIRD AGENCY | Africa’s aviation market is entering a new phase as carriers resume long-dormant routes and expand into new and …

Kampala, Uganda | Julius Businge | Mandela Millers Ltd has been awarded the globally recognised FSSC 22000 Certification, marking a significant milestone for Uganda’s food processing and manufacturing sector, executives announced at an event held in Kampala on Aug.15. The certification, which integrates ISO 22000, ISO/TS 22002-1 and additional FSSC requirements, …

NAIROBI, Kenya  | Xinhua | Washington’s new tariffs on nearly 70 countries, including about 20 in Africa, are set to take effect after U.S. President Donald Trump signed an executive order last Thursday. According to a White House release, the duties increase to 15 percent for countries such as Lesotho, …

Trade is set to expand at an average of 5.1 per cent a year through 2026, before quickening to 5.4 per cent by 2028 Abuja, Nigeria | ISAAC KHISA | Africa’s trade projected to hit $1.5 trillion in 2025 as growth momentum builds Africa’s intra- and extra-regional trade is on course …

ADDIS ABABA | Xinhua | African youth have been urged to leverage the African Continental Free Trade Area (AfCFTA) agreement to tap into broader continental market and economic opportunities. Experts and policymakers made the call on Saturday during a continental youth-themed meeting organized by the United Nations Economic Commission for …

Kampala, Uganda | Julius Businge | In a historic milestone for East African logistics, East Africa Marine Transport (EAMT) has launched M.V. MPUNGU, Lake Victoria’s first scheduled roll-on/roll-off freight vessel. The vessel promises faster, safer, and more sustainable transportation, revolutionizing regional trade while supporting the decarbonization of East Africa’s transport sector, …

COMMENT | Gertrude Kamya Othieno | The arrival of mercantilism and capitalism in Africa not only disrupted traditional structures but also embedded the continent in a global economic system designed for its exploitation. For centuries, Africa was cast as a supplier of raw materials, a market for finished goods, and a source …

Kisumu ,Kenya | THE INDEPENDENT | Kenya’s President, William Ruto says it is shameful that countries in East Africa are importing fish from China yet Uganda, Kenya and Tanzania are endowed with the largest Lake in Africa. Ruto says Lake Victoria, which is Africa’s largest lake by area, and the world’s largest tropical lake …

Most African countries rely on fossil fuels for energy and export revenue. Yet, development finance institutions, including the World Bank, are pulling back on fossil fuel investments ANALYSIS | AGENCIES | The eighth annual Babacar Ndiaye Lecture, held at Washington D.C.’s Four Seasons Hotel on October 26, highlighted the pressing need …

Abuja, Nigeria | THE INDEPENDENT | Africa’s multilateral lender, the African Export-Import Bank, aims to double its financing of intra-African trade from $20 billion in 2021 to $40 billion by 2026. This announcement was made by Haytham ElMaayergi, the bank’s Executive Vice President, Global Trade Bank, during the African Caucus Meeting …