Issues at stake on Africa’s single market
Mixed reactions have continued to trail the withdrawal of 11 countries, Nigeria inclusive, from ratifying the African Continental Free Trade Area (AfCFTA) last month in Kigali, Rwanda.
Not signing CFTA was goodwill to labour, stakeholders, says Wabba
In this interview with COLLINS OLAYINKA, the President of the Nigeria Labour Congress (NLC), Ayuba Wabba, explains why Nigeria and some African countries are yet to sign the African Continental Free Trade Area (AfCFTA) agreement.
On the African Continental Free Trade Agreement
The big economic news over the last month was Nigeria’s refusal to sign up to the agreement establishing the African Continental Free Trade Area (AfCFTA).
AU countries plan implementation of free trade deal
Although two African giants - Nigeria and South Africa -and nine other countries did not sign the agreement for the African Continental Free Trade Area (AfCFTA) in Rwanda last week, the 44 others are ready to implement the content of the trade deal, according to the President of the Africa Union.....
Justifying Nigeria’s inelegant refusal to sign the Africa trade deal
Nigeria is the most populous country in Africa with current population estimated at about 194 million growing at about 2.6 per cent per annum. It is said that every one of four black people in the world is a Nigerian.
Nigeria, South Africa absent as 44 African countries sign trade deal
Forty-four African countries yesterday proceeded with the signing of the agreement that established the African Continental Free Trade Area (AfCFTA) without the two biggest economies...
Federal Government shuns AfCFTA agreement for consultations with OPS
Apparently bowing to pressure and concerns raised by the Organised Private sector (OPS), Nigeria will not be joining 54 other African countries today to sign an agreement that will launch the contested trade deal heralding the common market for Africa, African Continental Free Trade Area (the AfCFTA). Despite leading the African Union Ministers of Trade…
Tariff removal under AfCFTA can increase intra-African trade by 52%
Trade experts across the continent have expressed optimism about the growth of intra-African trade if the African Continental Free Trade Agreement (AfCFTA) are properly implemented. Indeed, experts at the United Nations Economic Commission for Africa (ECA) expressed conviction that the CFTA can also have a positive impact on people’s welfare and contribute to Africa’s industrial…