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AFCFTA

Africa·Business News·Finance & Economy·News·Top Stories

Weak Regional Integration, Capital Flight Slowing Africa’s Growth – Dangote

April 17, 2026

Africa’s richest man and President of Dangote Group, Aliko Dangote, has said that persistent weaknesses in regional trade systems, alongside global investment pressures, continue to constrain Africa’s economic growth, calling for stronger

Business News·Markets·News

ATIDI, ASF Sign Deal To Strengthen Investment, Trade In Africa

December 16, 2024

African Trade & Investment Development Insurance (ATIDI) and African Solidarity Fund (ASF) have signed a cooperation agreement aimed at boosting investment and trade in Africa. The agreement, signed during the Africa Investment

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Africa·News

Moghalu: Africa Private Sector Summit Inaugurates New Governance Boards To Push For AfCFTA Implementation

February 16, 2024

The newly reconstituted Advisory Board and Board of Directors (Executive Board) of Africa Private Sector Summit (APSS) LBG was inaugurated on February 12, 2024, in a joint virtual induction and inauguration meeting

AfCFTA: NCDMB Advocates Database Of Skills, Free Movement Of Goods, Services

News

AfCFTA: NCDMB Advocates Skills Database, Free Movement Of Goods, Services

February 14, 2024

NCDMB has supported the removal of visa restrictions among African nations, the creation of a database of available skills, and the simplification of cross-border labor deployment as plans to implement the African

Africa

Kingsley Moghalu’s APSS Seeks Conducive Business Environment In Africa For Prosperity

January 5, 2024

The Africa Private Sector Summit (APSS) has called on African leaders to prioritise the creation of an enabling environment for trade and investment in the continent for prosperity.

News

United Nations ECA Opens Up On Shocks Causing Africa’s Stagnation On SDG

November 17, 2023

The United Nations Economic Commission for Africa (ECA) has identified climate change-induced shocks, the repercussions of the COVID-19 pandemic and the ripple effects of the Russian invasion of Ukraine as the polycrises

African Leaders Launch School Of Governance, Appoint Moghalu Inaugural President

Business News

AfCFTA: Private Sector Must Be Strengthened To Unlock Africa’s Prosperity – Moghalu

November 14, 2023

Former deputy governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu has highlighted the potential role that African private sector can play in expanding intra-African trade to realize the goal

Editorial

Africa Needs More Value For Agric Exports

November 13, 2023

Africa, the world’s second-largest and most-populous continent, traverses 20 per cent of Earth’s total surface area with big chunk of arable land. No surprise that the continent is often referred to as

Business News·News

Kingsley Moghalu To Headline Intra-African Trade Fair In Egypt, Ghana

November 8, 2023

The newly appointed Chairman of the Advisory and Executive Boards of the Africa Private Sector Summit (APSS) and a former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, will

Business News

ECA Predicts $195bn Intra-Africa Trade On AfCFTA Implementation

October 11, 2023

The Economic Commission for Africa (ECA) has predicted that the full implementation of the African Continental Free Trade Area (AfCFTA) will elevate intra-Africa trade to $195 billion by 2045, as compared to

In a groundbreaking move set to reshape the economic landscape of Africa, the United Bank of Africa (UBA) has unveiled a colossal $6 billion financing initiative aimed at turbocharging the growth of Small and Medium Enterprises (SMEs) across the continent.

Business News·News

UBA, AfCFTA Partner To Supercharge African SMEs With $6 Billion Financing Boost

September 25, 2023

The United Bank of Africa (UBA) has unveiled a colossal $6 billion financing initiative aimed at turbocharging the growth of Small and Medium Enterprises (SMEs) across the continent. The agreement, signed on

Kenyan President, Ruto, Seek End To Dollar Payment Among African Traders

Africa·Business News

AfCFTA: Hope Rises For African Business Persons Eyeing Kenya, As Ruto Moves To Abolish Visa Restrictions

June 7, 2023

In trying to Key into the African Continental Free Trade Agreement (AfCFTA), agenda, Kenya’s President, William Ruto, has announced plans to abolish visa restrictions for African citizens traveling to the country to

Africa·Finance & Economy

AFREXIM Bank: The Next 30 Years – Kingsley Moghalu

May 9, 2023

Kingsley Moghalu, former Deputy Governor of the Central of Bank of Nigeria (CBN), delivered a lecture at the AFREXIM Bank 30 years anniversary celebration in Cairo

Africa·Finance & Economy

AfCFTA: Africa Needs Stronger Regional Integration For Greater Economic Benefits – ECA Report

March 17, 2023

African countries have made commendable progress in implementing the regional integration agenda and promoting intra-regional trade, but more work is needed to accelerate the African Continental Free Trade Agreement (AfCFTA) and the

Buhari has called on African Union (AU) member countries to ratify the African Continental Free Trade Area (AfCFTA) Agreement

Africa·Finance & Economy

Buhari At AU Summit, Urges All African Countries To Ratify AfCFTA Agreement

February 20, 2023

President Muhammadu Buhari has called on African Union (AU) member countries to ratify the African Continental Free Trade Area (AfCFTA) Agreement and fully implement it to boost intra-Africa trade relations. The President

News

Buhari Appoints Segun Awolowo As Secretary, National Action Committee On AfCFTA Pr

February 1, 2023

President Muhammadu Buhari has approved the appointment of Mr Olusegun Awolowo as the Secretary, the National Action Committee on the African Continental Free Trade Area (AfCFTA) for tenure of four years with

Africa·Finance & Economy

Africa: ‘Realising Benefits Of AfCFTA Agreement Lies In Implementation’

January 23, 2023

Realisation of the benefits of the African Continental Free Trade Area (AfCFTA) agreement lies in commitment and diligent implementation of it by African nations, say global economic leaders. Acting Executive Secretary, Economic

Opinion·FEATURES·Top Stories

AfCFTA: French Language, Like English, Should Be Official In Nigeria

August 4, 2022

By Kamsiyochukwu Mbamalu, Journalism Mentee French is the language of romance. The way the language rolls off the tongue is set to make one fall in love with it. Irrespective of its

Business News·Opinion

Shift Towards Domestic Tourism A Game Changer In Post-Covid-19 Recovery – Wayne Godwin

June 22, 2022

By Wayne Godwin For decades, tourism has remained a major contributor to the GDP of African economies. In 2019, the industry accounted for about seven percent of Africa’s GDP and contributed $169

Dr Chichi Aniagolu-Okoye, Ford Foundation director for West Africa region

Entrepreneurship

Why Nigeria Loses International Business Opportunities Annually, By Aniagolu-Okoye

December 7, 2021

Despite Nigeria's large market size and the huge prospects it possesses, the country has been on the short end of the stick in international trade due to the unwholesome practices by merchants

Business News

AfCFTA To Grow Africa’s GDP To $420 Billion By 2025 – Ambassador Eloho Otobo

December 3, 2021

Ambassador Eloho Ejeviome Otobo has disclosed that the African Continental Free Trade Agreement (AfCFTA) would dramatically improve intra and inter-African trade and grow the continent’s Gross Domestic Product (GDP) to $420 billion

Business News·Prime TV·Videos

AfCFTA: Key Takeaways From 5th Edition Of Prime Business Africa’s SEEDS (Video)

December 2, 2021

On Tuesday evening, November 30, 2021, the opening session of the 5th edition of Prime Business Africa’s Socio-Economic and Entrepreneurship Development Series (SEEDS) was held virtually. The event was well-attended, so much

Finance & Economy

Africa’s GDP To Grow By $420bn In 2025 Through AfCFTA Implementation – Experts

December 1, 2021

African economic integration agenda as enshrined in the African Continental Free Trade Agreement (AfCFTA) has the potential to engender robust industrial development and encourage free trade and enterprise cooperation across sectors on

Business News

AfCFTA Will Soon Become World’s Largest Free Trade Area – Akinwumi Adesina

November 16, 2021

Akinwumi Adesina, president of the African Development Bank, has disclosed that Africa Continental Free Trade Area (AfCFTA) will soon become the largest globally. Speaking at the Intra-Africa Trade Fair (IATF) in South

Entrepreneurship·Finance & Economy

15% intra-Africa trade despite AfCFTA a disgrace

August 28, 2021

…Obi fingers poor leadership, low export volumes One of Nigeria’s leading entrepreneurs and politician, Mr Peter Obi, has expressed deep concern on lack-lustre performance of the Africa free trade agreement (AfCFTA) months

Opinion·Finance & Economy

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