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African Continental Free Trade Agreement

1 Nov 2019
Founder, Centre for Values in Leadership (CVL), Prof. Pat Utomi, has said that fundamental institutional weaknesses were responsible for the lack of economic growth on the continent.
1 Nov 2019
The Organised Private Sector (OPS), has charged the Federal Government to address the poor state of infrastructural facilities in the country if Nigeria is to benefit from the African Continental Free Trade Agreement (AfCFTA).
2 Oct 2019
The chances of a Single African Air Transport Market (SAATM) have brightened as six new countries endorsed open skies agenda for the continent. While two of the new entrants had already signed, bringing the signatories to 29, four others are due to make official submissions this month.
27 Aug 2019
Financial market experts have called for an urgent unification of the multiple exchange rates in Nigeria, to create room for greater flexibility and spur needed economic growth. The experts told The Guardian that there was the need for Nigeria to shun multiple currency practices and prioritise unifying the rates around the market-based Investors and Exporters’…
27 Aug 2019
Solicitor-General of the Federation, Dayo Apata, has tasked the Nigerian Bar Association (NBA) to set up a committee to look into the cross-border trade legal services. He was speaking at the ongoing 59th Annual General Conference of the NBA, which was chaired by the formal president of the association, Mr. Augustine Alegeh.
6 Aug 2019
Following the recent signing of the African Continental Free Trade Agreement (AfCFTA) by president Muhamadu Buhari, the Managing Director of Law Pavilion Business Solutions Ltd. Mr. Ope Olugasa has called on Nigerian and African lawyers to embrace modern technologies in order to compete successfully in the provision of legal services across the continent.    
13 Jul 2019
Last Sunday, President Muhammadu Buhari signed the African Continental Free Trade Agreement (AfCFTA) on behalf of Nigeria at the 12th Extra-Ordinary Summit of the African Union in Niamey, Niger Republic.
22 Jun 2019
Nigeria may miss from partaking of the $1billion largesse planned for participating member countries in the African Continental Free Trade Agreement (AfCFTA), which comes as a support to any initial fiscal imbalance arising from the implementations. The development came as a further boost for the implementation of AfCFTA, with the disclosure of the stabilisation facility to be made…
27 May 2019
A former President of Nigeria, Chief Olusegun Obasanjo, said on Monday that the African Free Continental Trade Area (AfCTA) Agreement will not be hindered by Nigeria’s reluctance to sign up to the process. Obasanjo made the remark in Addis Ababa, Ethiopia, during the opening session of the Stakeholders’ Dialogue on Continental Trade and Strengthening the…
8 Apr 2019
With the population outstripping available homes, stakeholders in the industry have asked government to focus more on the provision of quality and affordable housing. They canvassed for houses that meet people’s standards and delivered in record time, without the usual bottlenecks associated with acquiring properties in the country. The experts spoke at the 7th edition…
27 Mar 2019
A year after the agreement establishing the African Continental Free Trade Agreement (AfCFTA) was presented for signature, along with the Kigali Declaration and the Protocol on Free Movement of Persons, Right to Residence and Right to Establishment, implementation of the agreement remains delayed over the inability to achieve required number of ratifications. Twenty-two (22) ratifications…
27 Mar 2019
To achieve the Sustainable Development Goals by the target date of 2030, African countries need to grow their economies faster if they are doing presently, the Economic Commission for Africa (ECA) says in its yearly report. According to the report, the continent’s gross domestic product (GDP) is projected to rise to 3.4 per cent this…

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