‘Many African countries not ready for AfCFTA implementation’
Despite receiving necessary ratifications needed for execution, the African Continental Free Trade Agreement (AfCFTA), having become a binding international legal instrument
Nigeria undergoing reforms for AfCFTA
Intra-Africa trade has been historically low due to numerous trading rules and tariffs of many countries, leading to untapped potential in the region.
Nigeria’s major AfCFTA benefits to come from manufacturing, non-oil export sectors
Though operators continue to raise concerns about the need for safeguard measures under the African Continental Free Trade Area (AfCFTA) regime that is expected to commence next year, the services, non-oil export...
Buhari inaugurates committee to implement AfCFTA agreement
President Muhammadu Buhari has inaugurated the National Action Committee for the Implementation of the African Continental Free Trade Area Agreement (AfCTA).Inaugurating the committee chaired by the Minister of Industry, Trade and Investment, Niyi Adebayo...
‘Addressing domestic market challenges crucial for successful AfCFTA implementation’
Preparatory to the African Continental Free Trade Area (AfCFTA) implementation in July 2020, stakeholders in Nigeria’s real sector have identified the need for the country
Family business as influencer for economic growth
Businesses that are owned by families are the most common ownership business model in the world, with their impact on the global economy considered significant. It is estimated that total economic impact of family businesses to global Gross Domestic Product (GDP) is over 70 per cent. They are recognised as one of the engines…
‘How Nigeria, others can benefit from AfCFTA, AUC, UNIDO’
To benefit from the $3 trillion market to be created by the African Continental Free Trade Agreement (AfCFTA), Nigeria and other African countries, need to improve their manufacturing growth rate beyond the present pace.
Afreximbank disburses $15 billion for intra-African trade
The African Export-Import Bank (Afreximbank), said it has already disbursed $15 billion out of the $25 billion it committed in support of intra-African trade, under its current five-year strategic plan.
NACCIMA, other African stakeholders seek better information on AfCFTA
Some stakeholders have called for better information on the modalities sorrounding the Africa Coninental Free Trade Area (AfCFTA) Agreement. The stakeholders, mostly drawn from various Chambers of Commerce and business communities in Africa, made the call on Monday during a Special Half-day Workshop in Addis Ababa, Ethiopia. The consultative Workshop was tagged: ‘Preparing Business Associations…