In picture above: French President Emmanuel Macron welcomes Nigerian President Muhammadu Buhari for a dinner with leaders of African states and international organisations on the eve of a summit on aid for Africa, at Elysee Palace in Paris on May 17. REUTERS/Gonzalo Fuentes French President Emmanuel Macron hosts African leaders and the heads of multilateral Read More…
In picture above: Nigerian President Muhammadu Buhari speaks after security forces rescued schoolboys from kidnappers, in Katsina, Nigeria, December 18, 2020. REUTERS/Afolabi Sotunde/File Photo The United States should consider moving its military headquarters overseeing Africa to the continent, from Germany, to better tackle growing armed violence in the region, Nigerian President Muhammadu Buhari said on Read More…
America lost Africa for four years under Donald Trump. The Joe Biden Administration can regain it. Essentially, the United States should resist the temptation to compartmentalise the world into neatly convenient areas of descending strategic interest to it. The Trump Administration was a past master at that game. Its ideological war with China privileged the Read More…
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 integration, where minds are open to ideas and Read More…
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 the official launch of Read More…
Nigeria stands as the number one country in Africa in the International Monetary Fund (IMF) 2020 World Economic Outlook’s ratings of countries. Using countries’ GDPs, IMF ranked Nigeria among the first 26 countries in the world in the same position with an average 442,976 million U.S. dollars. Countries are sorted by nominal GDP estimates from Read More…
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 borders by the Federal Government on Wednesday. Nigeria shut its land Read More…
The African Development Bank (AfDB) says it plans to support the development of Special Agro-industrial Processing Zones (SAPZs) on the continent. President of the bank, Dr Akinwumi Adesina said this at the 5th Annual Meeting of the Africa Economic Zones Organisation (AEZO) held in Tangier, Morocco on Thursday. The meeting was held in a hybrid Read More…
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 signed on July 7, 2019, in Niamey during the Read More…
By Nita Bhalla Democrat Joe Biden’s victory in the U.S. presidential election is set to affect Africa’s 1.3 billion people on issues ranging from climate change and immigration to women’s health and human rights, according to academics and analysts. Under the Trump administration, the United States pulled out of the landmark Paris climate accord, issued travel Read More…