Interview with Wamkele Mene, Secretary General, African Continental Free Trade Area Secretariat (AfCFTA) Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Because of COVID-19, free trade for countries that have ratified the agreement did not begin, as planned, on 1 July 2020. In …
Read More »Potential of AfCFTA cannot be realized without adequate quality infrastructure
Addis Ababa, Ethiopia | XINHUA | The industrialization and trade potential of the African Continental Free Trade Area (AfCFTA) agreement cannot be realized without adequate quality infrastructure systems, a new report by the United Nations and the African Union (AU) report said. The newly published report, entitled “Identifying Priority Products …
Read More »African countries urged to remove non-tariff barriers to realize AfCFTA
Addis Ababa, Ethiopia | XINHUA | The African Union (AU) Commission on Sunday called for addressing non-tariff barriers in order to realize the major aspirations of the African Continental Free Trade Area (AfCFTA) Agreement. “The African continent is about to become the world’s largest free trade area. If not addressed, non-tariff …
Read More »AfCFTA gets permanent home in Accra
Can world’s biggest trade bloc wean Africa off expensive aid? Kampala, Uganda | RONALD MUSOKE | On Aug.17, Nana Akufo-Addo, the Ghanaian president, launched the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA) four months ahead of the day African countries are expected to start trading in goods …
Read More »AU keeps AfCFTA in track with digital technology in wake of COVID-19
Addis Ababa, Ethiopia | XINHUA | As the operationalization of the African Continental Free Trade Area (AfCFTA) is expected to take place on Jan. 1st, 2021, the African Union (AU) says it keeps AfCFTA in track with digital technology in the wake of COVID-19. For the AfCFTA operationalization timeline to be …
Read More »Free trade area could boost Africa’s income by 450 bln USD: World Bank
Nairobi, Kenya | XINHUA | The African Continental Free Trade Area (AfCFTA) could boost the continent’s income by 450 billion U.S. dollars if fully implemented, says a World Bank report released on Monday evening. According to the report, the pan African trade pact would significantly boost continental trade, particularly intraregional …
Read More »China’s participation key to success of Africa’s free trade pact: experts
Accra, Ghana | XINHUA | China’s participation will be one of the key ingredients to the success of the African Continental Free Trade Area (AfCFTA) agreement, some experts have said. Speaking with Xinhua, international trade expert Francis Kofi Korankye-Sakyi said the critical role China has played in Africa’s economic and …
Read More »Africa free trade area to create new opportunities for China-Africa cooperation: expert
Addis Ababa, Ethiopia | XINHUA | The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday. Speaking to Xinhua, Gedion Jalata, a senior advisor to the UNDP South- South Cooperation and a former consultant to UNECA-Capacity Development Division, said the …
Read More »UNECA chief says Africa needs greater energy source to power COVID-19 recovery
Kampala, Uganda | XINHUA | The UN Economic Commission for Africa (UNECA) on Friday stressed that the African continent will need greater energy sources to build back better in the aftermath of the COVID-19 pandemic. The statement was made by Vera Songwe, Executive Secretary of the UNECA, speaking during a webinar …
Read More »AfCFTA: Implementing Africa’s free trade pact the best stimulus for post COVID-19 economies
Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Due to the effects of COVID-19, free trading for countries that have ratified the agreement cannot begin on July 1, 2020 as was originally scheduled. He spoke to Kingsley Ighobor about the way forward. Describe …
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