Central banks to develop their national switches to access payment system and ensure seamlessly transfer funds Africa | THE INDEPENDENT | The African Continental Free Trade Area (AfCFTA) Secretariat, African Export-Import (Afrexim) Bank, and other partners have unveiled the Pan-African Payment and Settlement System (PAPSS) in a bid to boost …
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No more begging for foreign financing that only would be awarded if we abandon fossil fuels COMMENT | NJ AYUK | For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To …
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It is projected that under the AfCFTA, extreme poverty will significantly decline across the continent COMMENT | ZION ADEOYE | Established in 2018, the African Continental Free Trade Area (AfCFTA) represents perhaps Africa’s biggest opportunity for the next few decades in its battle against poverty of all forms; energy and …
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Free trading under the auspices of the African Continental Free Trade Area started in January 2021. One year later, several aspects of the trade pact are being successfully implemented as negotiations are ongoing in other areas. Kingsley Ighobor interviewed the Secretary-General of the AfCFTA Secretariat, Wamkele Mene and here are …
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Despite the uncertain environment arising from the COVID-19 pandemic situation, IATF 2021 attracted exhibitors from 59 countries, of which 46 were African countries | THE INDEPENDENT | The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according to the latest …
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Arusha, Tanzania | Xinhua | The East African Community (EAC) is making strides in conforming to trading requirements under the African Continental Free Trade Area (AfCFTA), with plans underway to finalize the EAC tariff offer, the EAC said in a statement on Wednesday. The EAC Sectoral Council on Trade, Industry, Finance …
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The dark side of African Continental Free Trade Area Kampala, Uganda | ISAAC KHISA | Africa’s heads of state on March 21, 2018 descended onto the hills of Kigali, Rwanda, to sign the long awaited agreement to create the African Continental Free Trade Area (AfCFTA) that encompasses more than 1.2billion …
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Johannesburg, S.A | Xinhua | The International Trade Centre (ITC) said on Tuesday that it has launched a training program for small businesses on how to export within the African Continental Free Trade Area (AfCFTA). “The How to Export with the AfCFTA training program is crucial in empowering African small businesses …
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The Turkey-Africa Economic and Business Forum held in Istanbul from 21-22 October, aims to provide a platform for Turkish businesses to gain a foothold on the continent | SHOSHANA KEDEM | Turkey aims to double its bilateral trade volume with Africa from $25bn to $50bn, said Turkish President Recep …
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The digital platform is set to build trust and cut the transaction costs of trading in AfCFTA Kampala, Uganda | ISAAC KHISA | The African Export-Import Bank’s new digital Customer Due Diligence (CDD) platform, called Mansa, is set to promote cross-border trade in Africa, says the product head Maureen Mba. …
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