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 …
Read More »Africa’s one year of free trading calls for celebration despite teething problems
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 …
Read More »Africa’s free trade area boosts China
China is positioned to gain from significant constraints to accelerating and diversification of intra-Africa trade COMMENT | JONATHAN MUNEMO | The African Continental Free Trade Area (AfCFTA) intends to promote regional trade integration in Africa, which can play an important role in accelerating sustained growth and reducing poverty on the …
Read More »African free trade bloc launches
Opportunities, Challenges, and why full implementation of the historic pact may take years ANALYSIS | THE INDEPENDENT | African countries began officially trading under the new African Continental Free Trade Area (AfCFTA) on Jan.01. It is a flagship project of the African Union’s Agenda 2063 to stimulate intra-African trade. In …
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