Results for "AfCFTA"

The African Continental Free Trade Area agreement and the United States Economic Growth through Quality and Standards Enhancement initiative have signed a memorandum to develop a digital trade corridor in Ghana.

Academic and business mentors urge young founders to utilize the African Continental Free Trade Area framework for regional expansion.

Rwandan President Paul Kagame has voiced concerns that the implementation of the African Continental Free Trade Area (AfCFTA) is not progressing at an adequate pace. He emphasized the need for accelerated efforts to realize the agreement's full potential.

Botswana and Nigeria are exploring opportunities to expand their trade relations within the framework of the African Continental Free Trade Area (AfCFTA).

The AfCFTA Secretariat has signed a $3.1 billion deal to modernize customs administration across Africa, aiming to boost intra-African trade and revenue collection across the continent.

Dr. Ishmael Yamson stated that the full implementation of the African Continental Free Trade Area (AfCFTA) will significantly transform the African continent. He emphasized the potential for economic growth and integration.

The Nigerian House of Representatives has initiated legislative action to strengthen the nation's commercial and trade framework, holding a public hearing on 13 commerce-related bills, including efforts to domesticate the African Continental Free Trade Area (AfCFTA) agreement.

Nigeria’s Federal Government intensifies efforts to promote freer movement across Africa, aiming to boost trade, investment, and AfCFTA implementation. Read More:…

The Angolan government has announced its adherence to the African Continental Free Trade Area, citing the country's natural resources, young population, and strategic location as advantages for benefiting from the AfCFTA.

Nigeria's Federal Government approved N21.2 million in outbreak response funds for each state to boost Ebola preparedness. Concurrently, the Senate leader stated there would be no electoral act amendment before the 2027 polls, and the Navy intercepted boats involved in illegal black sand mining.

Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has reaffirmed the country's commitment to the Single African Air Transport Market (SAATM) and the African Continental Free Trade Area (AfCFTA), advocating for greater integration and investment in African aviation.

Journalism students from the University of Media, Arts and Communication (UniMAC) participated in a televised discussion on how Ghana can maximize the benefits of the African Continental Free Trade Area (AfCFTA).

Dr. Fareed Arthur, Senior Technical Advisor on AfCFTA Implementation Committees, highlighted that the African Continental Free Trade Area (AfCFTA) is the culmination of decades of African integration efforts.

The Nigerian government has launched a $1 billion credit facility under the African Continental Free Trade Area (AfCFTA) to boost the nation's export drive. This fund aims to provide financial support to Nigerian exporters, enhancing their competitiveness in the African market.

Political activist Solomon Owusu and lawyer Andrew Appiah-Danquah have petitioned the African Union to remove Wamkele Keabetswe Mene, the Secretary-General of the AfCFTA Secretariat, citing his record on xenophobia in South Africa.

The AfCFTA Secretariat and Ecobank Group have signed a landmark agreement aimed at accelerating intra-African trade and empowering Small and Medium-sized Enterprises (SMEs) across the continent.

The head of the African Civil Aviation Commission (AFCAC) stated that enhanced connectivity will be crucial for the successful implementation and growth of the African Continental Free Trade Area (AfCFTA).

Mr. Alake called for African nations to harmonize mining policies, facilitate cross-border infrastructure, promote intra-African trade, and strengthen regional mineral value chains under the AfCFTA.

The African Continental Free Trade Area (AfCFTA) is at a critical juncture, aiming to harness the potential of a comprehensive free trade regime, but faces significant challenges in its successful and prudent implementation.

Zambia's Deputy High Commissioner to Ghana, H.E. Albert Chifita Mateyo, urged Ghanaian CEOs to strategically utilize the African Continental Free Trade Area (AfCFTA) to develop globally competitive African businesses.

An analysis explores whether Africa is on the cusp of a new industrialization era, supported by a changed World Bank attitude and the African Continental Free Trade Agreement (AfCFTA), or if this opportunity remains elusive.

Julius Debrah, Chief of Staff, has said the African Continental Free Trade Area (AfCFTA) offers opportunities to transform Africa’s productive capacity and enhance global competitiveness.

Nigeria’s government plans to fund women-led businesses, aiming to unlock a $1tn economy and maximize opportunities under the AfCFTA agreement. Read More: https://punchng.com/fg-plans-to-unlock-1tn-economy-by-funding-women-led-businesses/

The Speaker of the ECOWAS Parliament, Mrs. Memunatu Ibrahima, called on West African lawmakers to move from policy declarations to tangible actions, stressing that regional commitments must yield measurable results for citizens.

The African Continental Free Trade Area (AfCFTA) has received a boost with the inauguration of the African Union (AU) Committee of Heads of State and Government on the implementation of the agreement.

Nigeria's Industry Minister is set to launch a dedicated hub for Adire fabric production, aiming to expand exports and integrate traditional crafts into the AfCFTA market.

Ghanaian policymakers and economic analysts are calling on the nation to take a proactive leadership role in securing climate finance and advancing green technology across Africa. Officials emphasize leveraging the African Continental Free Trade Area to transform Ghana into a central hub for sustainable development and agricultural exports.

University of Ghana students have been encouraged to acquire practical skills necessary to drive the implementation of the African Continental Free Trade Area (AfCFTA) across Africa. The call was made during the launch of the 2026 GITFiC AfCFTA Tertiary Students’ Week.

Nigeria's Customs Modernisation Project, developed through a Public-Private Partnership (PPP) model, is now serving as a template for a $3.1 billion AfCFTA continental trade initiative, validating the country's approach.

A new Afrobarometer report indicates that nearly half of all Africans are considering emigration, primarily driven by economic hardship, poverty, and a lack of job opportunities. The survey also found that while support for free trade is high, awareness of the African Continental Free Trade Area (AfCFTA) remains low.

The AfCFTA chief has called on African nations to cease exporting raw materials and instead focus on value addition for industrialization and economic growth under the African Continental Free Trade Area.

Ghana and Nigeria have reaffirmed their commitment to strengthening bilateral trade and economic cooperation under the African Continental Free Trade Area (AfCFTA).

The Ghana Tourism Authority (GTA) has endorsed the sixth edition of the Inter Tourism Expo Accra (INTTA) and the 24-Hour Africa Tourism, Agribusiness, Digital Sovereignty and AfCFTA Industrial Acceleration Conference and Investment Programme.

The African Continental Free Trade Area (AfCFTA) has significantly increased Nigeria's intra-African trade, which grew by 21% to reach $9.02 billion in 2025. This growth highlights the positive impact of the trade agreement on regional commerce.

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has cautioned that Nigeria may not fully benefit from the African Continental Free Trade Area (AfCFTA) fund without significant reforms.

West African countries under ECOWAS are collaborating on a "mine together, process together" campaign to add value to the region's mineral wealth, aiming to build industries and increase inter-continental trade through the AfCFTA.

The AfCFTA Secretary-General, Wamkele Mene, has projected that intra-African trade will reach $250 billion by 2026. He also commended Lagos for its significant role in industrialization and digital innovation.

Ghanaian enterprises are encouraged to strategically position themselves to harness the wide-ranging opportunities presented by the African Continental Free Trade Area (AfCFTA). An official from the Trade Ministry highlighted that AfCFTA opens access to a continental market of over 1.4 billion people.

Tanzania has called for a stronger trade and investment partnership with Nigeria to leverage opportunities presented by the African Continental Free Trade Area (AfCFTA).

The African Chamber of Content Producers (ACCP) has expressed concern over increasing xenophobic attacks in South Africa and called for intervention from the African Union (AU) and AfCFTA.

Ecobank Group and the African Continental Free Trade Area (AfCFTA) Secretariat have signed a Memorandum of Understanding to unlock $3 billion for African businesses and SMEs, aiming to accelerate intra-African trade and address the continent's trade finance gap.

Nigeria's Ministry of Foreign Affairs has called on the nation's entrepreneurs, innovators, and startup enterprises to apply for the African Continental Free Trade Area Startup Acceleration and Partnership Programme 2026.

A Ghanaian entrepreneur has warned that a resurgence of xenophobic attacks could undermine the African Continental Free Trade Area (AfCFTA). This comes amidst discussions on the prevalence of such incidents and the general sentiment among South Africans.

The Vice President visited the Foreign Affairs Ministry, urging for stronger economic diplomacy and global engagement. He also emphasized a more robust foreign policy role in the implementation of the African Continental Free Trade Area (AfCFTA).

Ghana's Trade Minister, Elizabeth Ofosu-Adjare, announced plans to overhaul the country's special economic zones into manufacturing hubs to boost local production. This initiative aims to curb the estimated $2.5 billion annual loss from exporting raw agricultural commodities.

ODI Global, in partnership with Ghana's 24-Hour Economy Authority and the AfCFTA Secretariat, has announced a collaboration between the UK and Ghana to develop the Neofingo Digital Trade Finance Corridor.

Nigeria’s trade minister demands measurable outcomes for AfCFTA gains by 2026, aiming to strengthen the nation’s leverage at the WTO ministerial conference Read More: https://punchng.com/trade-minister-demands-measurable-outcomes-for-afcfta-gains-wto-leverage/

The African Development Bank (AfDB) and the African Union (AU) are advocating for visa-free travel across Africa, viewing it as crucial for unlocking economic transformation under the AfCFTA agreement.

Prominent Ghanaian businessman Sir Sam Jonah cautioned that the AfCFTA risks failure unless member states curb protectionist policies, xenophobic attitudes, and investor harassment.

Textile and leather firms are actively looking to expand their reach into the larger African Continental Free Trade Area (AfCFTA) market. This strategic move aims to capitalize on the increased trade opportunities within the continent.

President Bola Tinubu of Nigeria received Ahmadu Saleh, Chairman of Bergmans Security Consultant and Supplies Limited, at the State House in Abuja to congratulate him and Bergmans on a $3.1 billion AfCFTA customs deal.

President Bola Tinubu has applauded the growing continental recognition of Nigeria's customs modernization program and celebrated the selection of a subsidiary of Nigerian-owned Bergmans Security Consultant and Supplies for a multi-billion-dollar win.

President John Dramani Mahama has announced his intention to advocate for the inclusion of Caribbean countries in the African Continental Free Trade Area (AfCFTA) once he assumes the chairmanship of the African Union (AU).

The AfCFTA coordinator urged African nations to cease exporting raw materials and instead focus on value addition for industrialization and economic growth.

Nigeria and Liberia are deepening their trade relations and attracting investment under the African Continental Free Trade Area agenda.

Officials from Nigeria's Central Bank (CBN) and the Ministry of Trade spoke at a Citibank forum, highlighting the critical role of efficient financial intermediation for the success of AfCFTA as intra-African trade expands.

An analysis of Nigeria's strategy for the African Continental Free Trade Area (AfCFTA) highlights its ambitions, progress, and the significant challenges it faces in implementation and delivery.

The African Continental Free Trade Area (AfCFTA) is identified as a key tool for Tunisia to diversify its exports.

The Pan-African Payment and Settlement System (PAPSS) is seen as the crucial payment infrastructure needed to support Africa's growing trade ambitions under the African Continental Free Trade Area (AfCFTA).

The African Continental Free Trade Area (AfCFTA) is targeting $250 billion in intra-African trade, with Nigeria outlining its strategy, progress, and challenges in implementing the agreement.

The third edition of Biashara Afrika, a continental business forum, was held in Lome, Togo, bringing together African leaders and policymakers to transition from AfCFTA discussions to concrete trade actions.

Nigeria's Federal Government has announced a partnership with RwandAir aimed at reducing cargo costs and expanding export routes into East and Southern Africa under the AfCFTA agreement.

The Nigerian government is launching a new acceleration program to encourage local startups to leverage the African Continental Free Trade Area (AfCFTA) for cross-border expansion.

The Dangote refinery in Nigeria serves as an example of Africa's potential for transformative industrialization, with the African Continental Free Trade Area (AfCFTA) aiming to replicate such successes across the continent to bolster economic resilience against global shocks.

Afreximbank has launched its third AfCFTA bootcamp, encouraging businesses to leverage the opportunities presented by the African Continental Free Trade Area agreement.

Ghana's Vice President, Professor Jane Naana Opoku-Agyemang, commended the Ministry of Foreign Affairs for its strong UN diplomacy and efforts in promoting the African Continental Free Trade Area (AfCFTA) during a working visit.

Tunisia is initiating a new trans-African land corridor project aimed at boosting trade within the AfCFTA framework, as reported by the Africa News Agency.

The Ghana Export-Import (GEXIM) Bank has announced a reduction in collateral requirements for loans, aiming to improve access to finance for macro, small, and medium-sized enterprises (SMEs).

Nigeria’s government has identified a $49bn financing gap for women-led firms, seeking to unlock capital to boost growth under the AfCFTA framework. Read More: https://punchng.com/fg-seeks-49bn-to-scale-women-led-firms-under-afcfta/

The Japan International Cooperation Agency (JICA) is supporting Ghana's strategic role in implementing the African Continental Free Trade Area (AfCFTA) by enhancing the Ghana Revenue Authority's capacity to facilitate trade for women traders.

During the ECOWAS Parliament’s First 2026 Extraordinary Session and Seminar in Abuja, Kalu stated that the African Continental Free Trade Area (AfCFTA) is Africa’s strategic engine for economic growth.