Business Economy Top Story Trade

African nations begin trading under AfCFTA pact

Reading Time: 3 minutes Image Credits: PIUS UTOMI EKPEI/AFP/Getty Images, AWP Network. African Union (AU) Chairperson Cyril Ramaphosa and Ethiopian Prime Minister Abiy Ahmed have congratulated Africans for starting trading under the African Continental Free Trade Area (AfCFTA). Abiy tweeted: “Congratulations to our continent for the beginning of trading under AfCTA. The new frontier for Africa is indeed regional Read More…

Business Economy Top Story Trade

African Continental Free Trade Area Agreement comes into effect

Reading Time: 2 minutes Image Credits: REUTERS, Quartz. The African Continental Free Trade Area (AfCFTA) agreement comes into effect on January 1, 2021, but Zambia is one of the 21 countries that have not yet deposited their instruments of ratification. Zambia’s Minister of Commerce, Trade and Industry, Christopher Yaluma, disclosed at a media briefing in Lusaka on Thursday that Read More…

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Trade expert tasks ECOWAS on border laws, policies

Reading Time: 2 minutes Image Credits: REUTERS/Charles Placide Tossou, PIUS UTOMI EKPEPIUS UTOMI EKPEI/AFP/Getty Images. Dr Ken Ukaoha, a trade and economic development advocate, has urged ECOWAS to ensure that trade and border related laws and policies within West Africa are implemented dutifully.. He made the call on Saturday in Abuja while reacting to the reopening of four land Read More…

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Ratification of AfCFTA shows Nigeria’s economic leadership – Trade Minister

Reading Time: 2 minutes Image Credits: ROBERT SULLIVAN/AFP/Getty Images, Pius Utomi Ekpei/AFP/Getty Images. Mr Adeniyi Adebayo, Minister of Industry, Trade and Investment, says the Federal Executive Council’s approval of ratification of African Continental Free Trade Area (AfCFTA) agreement demonstrates,  globally, Nigeria’s economic leadership position on the continent. FEC on Wednesday approved the ratification of the AfCFTA agreement which Nigeria Read More…