Significant reduction or elimination of tariffs would boost intra-Africa trade to more than 50% COMMENT | DAMALI SSALI | There are several factors that influence the value and volume of trade. However, tariffs on tradeable goods and services are one of the most significant. International trade grew dramatically in the …
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The AfroChampions Initiative held its second conference on sustainable green growth and industrialisation in Kigali, Rwanda. Kigali, Rwanda | TOM COLLINS | The AfroChampions Initiative, a set of public-private partnerships designed to leverage resources and funds to create more multinational corporate champions in Africa, has proposed a $1trn investment framework …
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Significant reduction or elimination of tariffs would boost intra-Africa trade to more than 50% COMMENT | Damali Ssali | There are several factors that influence the value and volume of trade. However, tariffs on tradeable goods and services are one of the most significant. International trade grew dramatically in the …
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Uganda Hosts the 11th African Union Sub Committee of Directors General of Customs Conference from 16th – 20th September 2019, at Speke Resort Munyonyo Kampala, Uganda | THE INDEPENDENT | Uganda will September 16-20th host Directors General and Commissioners of Customs from 55 African Union (AU) member countries. The …
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The African Continental Free trade Area (AfCFTA) Agreement: How is URA Customs positioned to champion this agenda? GUEST COLUMN | DICKSONS KATESHUMBWA | The Uganda Revenue Authority (URA) Customs department was central in the negotiations that culminated in the African Continental Free Trade Agreement (AfCFTA). Whereas legally binding effective on 30th …
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The African Union launched the operational phase of the African Continental Free Trade Area (AfCFTA) at a summit in Niger last month. Vera Songwe is the Executive Secretary of the UN Economic Commission for Africa that has been providing support for the AU during negotiations and ratifications. She spoke to …
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Economists say significant challenges remain, including poor road and rail links, excessive border bureaucracy and petty corruption | THE INDEPENDENT | On July. 07, African nations officially unveiled a landmark trade agreement at the African Union Summit in Niamey, Niger, with the long sought-after agreement hailed as a historic …
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Niamey, Niger | AFP | African leaders will meet Sunday in Niger for the African Union (AU) summit, to sign a landmark free trade agreement, and to discuss looming security and migration crises on the continent. In a “historic” moment for the 55-member bloc, according to its chairman Moussa Faki, heads …
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Niamey, Niger | AFP | African leaders will meet Sunday in Niger for the African Union (AU) summit, to sign a landmark free trade agreement, and to discuss looming security and migration crises on the continent. In a “historic” moment for the 55-member bloc, according to its chairman Moussa Faki, …
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The devil lies in the complicated negotiations for implementation | Yinka Adegoke | May 30, 2019 was a notable date in African economic history as the day the African Continental Free Trade Area (AfCFTA) came into effect, after which it comes to market on July 7. In a nutshell, it …
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