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African Governments Urged to Harmonize Trade and Cross-Border Policies

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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…
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ECOWAS postpones single currency launch

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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…
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AfCFTA, infrastructure dev my focus- Adesina, AfDB President

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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…
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Ecobank Announces New Date for Africa Trade Conference

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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…

UNECA warns COVID-19 pandemic to amplify existing gender disparities

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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,…
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Africa: Afreximbank $400m to Drive Agricultural Productivity

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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…
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AfCFTA Secretariat Commissioned in Accra As Free Trade Is Set to Begin in January 2021

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A flagship project of the African Union’s Agenda 2063, the African Continental Free Trade Area creates a market of 1.2 billion people with a combined GDP of $3 trillion. The Secretariat of the African Continental Free Trade Area (AfCFTA)…
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AfDB offers $5m grant to establish African Continental Free Trade Area secretariat

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

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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…

Ghana hands over AfCFTA headquarters to the African Union

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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…