Entries by Wincate Mithini

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Paving ways for women in trade through AfCFTA

Paving ways for women in trade through AfCFTA To provide a platform for women to voice their needs and interests regarding trade in the context of the African Continental Free Trade Area (AfCFTA), Namibia last week held a national consultation for the AfCFTA protocol on women in trade. In a virtual event, the economic advisor […]

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After 15 years, Shoprite exits Nigeria retail market

By Kizzi Asala  and Africanews 16 years after it opened its first outlet in Nigeria, Shoprite — Africa’s largest food retailer, has sold its Nigerian operations to a company owned by a group of local investors led by property firm Persianas Investment, Ketron. The buyer intends to shift the giant from an ownership model to […]

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Cryptocurrency and Kenyan Farmers

Cryptocurrencies make headlines for shaking up the financial world, but they are also gaining ground in less developed countries. In Kenya, an American economist, who introduced blockchain technology for low-income urban customers, has extended the cashless system to the countryside. Will Ruddick, through his Kenyan nonprofit, Grassroots Economics, recently introduced Sarafu coins to rural areas […]

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Global trade in 2021 to grow a bit faster at 8% – WTO

By Rédaction Africanews  International trade is set to grow a bit faster this year than previously predicted, the World Trade Organization said Wednesday. The volume of global trade contracted by 5.3% in 2020, less than expected as the pandemic hit. According to WTO Managing Director, Dr. Ngozi Okonjo-Iweala, trade is set to grow 8 % […]

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AfCFTA Secretariat and UNDP sign a strategic partnership agreement

source: afcta.au.int The AfCFTA Secretariat and the UN Development Programme (UNDP) today have signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis, and as a driver of sustainable development particularly for women and youth in Africa, in line with the SDGs and Agenda 2063, Africas’ development […]

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On implementing the AfCFTA in 2021

by David Luke, Judith Ameso, Mahlet Girma Bekele / in Op-ed New trade agreement involves country and regional economic community actions On 1 January 2021, Africa officially started trading under the African Continental Free Trade Area (AfCFTA) Agreement. As of February, 54 of the 55 African Union Member States have signed on. Thirty-six countries (including 19 African least developed countries, […]