Entries by Hanin Abdulrazzaq

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African Governments Urged to Harmonize Trade and Cross-Border Policies

The Economic Commission for Africa (ECA) has launched a new COVID-19 cross-border trade report urging governments on the continent to adopt and harmonize policies that will help continent strike an appropriate balance between curbing the spread of the virus and facilitating emergency and essential trade. Titled Facilitating cross-border trade through a coordinated African response to […]

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ECOWAS postpones single currency launch

The Economic Community of West African States (ECOWAS) has postponed the launch of its planned single currency “ECO”, it was learnt. The regional body said a new date for the launch would be announced later. The was contained in a communique issued at the end of the 57th Summit of the Authorities of Heads of […]

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AfCFTA, infrastructure dev my focus- Adesina, AfDB President

President, African Development Bank (AfDB), Dr Akinwumi Adesina has assured African Heads of Governments and other relevant stakeholders on the continent that his second tenure would focus on boosting regional industrial value chains, tackling poverty and advancing the success of the African Continental Free Trade Agreement (AfCFTA). Adesina gave the assurance on Tuesday in Dakar, […]

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Ecobank Announces New Date for Africa Trade Conference

Ecobank Nigeria, a member of the pan African banking Group has concluded plans to host its first Regional Trade Conference. The virtual forum with the theme “Facilitating Regional Trade in the emerging AFCFTA era” is slated for the 22nd of September. The conference, which would feature presentations and panel discussions by highly experienced subject matter […]

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UNECA warns COVID-19 pandemic to amplify existing gender disparities

The United Nations Economic Commission for Africa (UNECA) warned that the ongoing COVID-19 pandemic could amplify existing gender disparities in Africa, eventually leading to worse outcomes for women. The remark was made by Thokozile Ruzvidzo, Director of the Gender, Poverty and Social Policy Division at the ECA, during an online campaign on Friday on the […]

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Africa: Afreximbank $400m to Drive Agricultural Productivity

The African Export Import Bank (Afreximbank) approved a $400-million revolving global credit facility agreement for the Export Trading Group (ETG). Export Trading Group (ETG) is among the largest and fastest-growing integrated agricultural conglomerates in Africa. The funds will address key challenges faced by African agricultural exporters, aggregating large values of produce in order to enable […]

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AfDB offers $5m grant to establish African Continental Free Trade Area secretariat

The African Development Bank Group (AfDB) has awarded a $5m institutional support grant to the African Union (AU) for the establishment of the African Continental Free Trade Area (AfCFTA) secretariat. The secretariat is to be located in the central business district of the Ghanaian capital, Accra. Solomon Quaynor, the Bank’s Vice-President for the Private Sector, […]

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In wake of COVID-19, African Union to keep AfCFTA on track with digital technology

Since the advent of the Covid-19 pandemic, the AU Commission, like most intergovernmental organisations around the world, has shifted most of its activities online. In this context, the Commission believes that for the current AfCFTA operationalisation timeline of 1st January 2021 to be met, and the decision of African Leaders on the fast-tracking of processes […]

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Ghana hands over AfCFTA headquarters to the African Union

The Ghanaian government on Monday 17th August, officially commissioned and handed over the headquarters of the African Continental Free Trade Area (AfCFTA) Secretariat to the African Union in the Ghanaian capital Accra. The handover ceremony was attended by Ghanaian President Nana Akufo-Addo, African Union Commission Chairman Moussa Faki Mahamat and AfCFTA Secretary-General Wamkele Mene. In […]