Arusha, Tanzania | Xinhua | The East African Community (EAC) is making strides in conforming to trading requirements under the African Continental Free Trade Area (AfCFTA), with plans underway to finalize the EAC tariff offer, the EAC said in a statement on Wednesday. The EAC Sectoral Council on Trade, Industry, Finance …
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The dark side of African Continental Free Trade Area Kampala, Uganda | ISAAC KHISA | Africa’s heads of state on March 21, 2018 descended onto the hills of Kigali, Rwanda, to sign the long awaited agreement to create the African Continental Free Trade Area (AfCFTA) that encompasses more than 1.2billion …
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Johannesburg, S.A | Xinhua | The International Trade Centre (ITC) said on Tuesday that it has launched a training program for small businesses on how to export within the African Continental Free Trade Area (AfCFTA). “The How to Export with the AfCFTA training program is crucial in empowering African small businesses …
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The Turkey-Africa Economic and Business Forum held in Istanbul from 21-22 October, aims to provide a platform for Turkish businesses to gain a foothold on the continent | SHOSHANA KEDEM | Turkey aims to double its bilateral trade volume with Africa from $25bn to $50bn, said Turkish President Recep …
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The digital platform is set to build trust and cut the transaction costs of trading in AfCFTA Kampala, Uganda | ISAAC KHISA | The African Export-Import Bank’s new digital Customer Due Diligence (CDD) platform, called Mansa, is set to promote cross-border trade in Africa, says the product head Maureen Mba. …
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System provides Africa with greater capacity to conduct cross-border transactions, expand opportunities Kampala, Uganda | ISAAC KHISA | Pan-African multilateral lender, African Export-Import Bank and the Secretariat have rolled the Pan-African Payment and Settlement System (PAPSS), revolutionalised financial market infrastructure to enable instant, cross-border payments in local currencies between African …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Business leaders and experts have cast doubt on whether the East African Community will benefit from the African Continental Free Trade Area, AfCFTA, that took effect January 1 this year. The AfCFTA is a trading arrangement supported by 54 African countries to create a single …
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Professor Benedict Oramah wears many hats. He is the President of the Africa Export and Import Bank (Afreximbank), the Chairman of the Board of Trustees of the African Union COVID-19 Response Fund and a member of the African Vaccine Acquisition Task Team (AVATT), an initiative of the AU Commission and …
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The level of intra-Africa trade is still low compared with the other continents in the world | THE INDEPENDENT | Rwanda has withdrawn from hosting the second Intra-African Trade Fair (IATF2021) citing logistical constraints related to the COVID-19 pandemic that has adversely affected the progress of construction of a new …
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