Vice President Kashim Shettima has implored African leaders to work towards ramping up the $3.1 trillion Gross Domestic Product (GDP) of countries on the continent, representing roughly three per cent of the overall global total. 

The implementation of the African Continental Free Trade Area (AfCFTA) nears a critical milestone with its rules of origin (ROOs), a set of guidelines that will determine if products are eligible for duty-free transaction under the single market agenda, now at 90 per cent completion.

A new report has projected a rebound in cement sector’s performance in 2024 based on the increased infrastructure budget for 2024 at N1.32 trillion and the creation of the Infrastructure Support Fund (ISF) by the Presidency

On July 26, 2022, the African Continental Free Trade Area (AfCFTA) Secretary-General, H.E. Wamkele Mene, announced in his keynote address at the 9th Meeting of the Council of Ministers, the AfCFTA Secretariat Guided Trade Initiative

Nigeria Customs Service (NCS), yesterday, announced a partnership with the African Continental Free Trade Area (AfCFTA) Secretariat to facilitate trade on the continent. It also highlighted the stagnated growth of African trade system at 14 to 15 per cent over the past few years. NCS Comptroller-General, Bashir Adewale Adeniyi, while speaking during a meeting with…

The Most Influential People of African Descent (MIPAD) has unveiled its inaugural "Trade Champions of African Descent Worldwide" list, recognising 100 exceptional individuals driving economic progress across continents. This groundbreaking list celebrates the achievements of Africans and their descendants who are making waves in diverse sectors like finance, technology, energy, and agriculture. From CEOs forging…

Nasarawa State government has partnered the Nigerian Shippers’ Council (NSC) to facilitate the establishment of Inland Dry Port (IDP) in the state to enhance the export of large volume of agricultural produce for the African Continental Free Trade Area (AfCFTA) agreement.

The global digital technology sector, currently valued at an astonishing $3 trillion, is undergoing a transformative shift, redefining economic and societal landscapes worldwide. As we approach 2024, Africa's role in this transformation becomes increasingly pivotal, with countries like Nigeria leading the charge. This evolution goes beyond mere technological advancement; it represents a comprehensive shift in…

The Intra-African Trade Fair (IATF) is a biennial event of the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the AfCFTA Secretariat. This year’s edition, IATF2023, took place in Cairo, Egypt last month.

In its effort to achieve the African Continental Free Trade Agreement (AFCFTA) objective of improving trade in the continent, AFEX Nigeria has launched Africa Exchange, a digital platform for trading commodities to promote fair market prices, increase food production and help farmers earn more.

Stakeholders have said that Nigeria is not harnessing the opportunities trade-in service offers under the African Continental Free Trade Agreement (AfCFTA) as it accounts for about 60 per cent of the gross domestic product (GDP) of the country.

The African Continental Free Trade Area (AfCFTA) has pledged support for the Private Sector Bill of Rights (PSBoR) to establish a suitable trade and investment climate in intra-African trade across the continent.