Photo by Avel Chuklanov on Unsplash

African Business Council, One Voice: Who’s Voice?

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Find the latest insight by the Executive Director of the Pan African Chamber of Commerce and Industry (PACCI), Mr. Kebour Ghenna, on the creation of the African Business Council (ABC) by the African Union and whether it will really benefit SMEs…
Photo by Cytonn Photography on Unsplash

AfCFTA: Africa’s integration programme gathers speed!

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Adopted in Kigali on 21 March 2018, and launched at the AU Summit in July 2019 in Niamey, Niger, the African Continental Free Trade Area (AfCFTA), signed by 54 African states (Eritrea is yet to sign and ratify the agreement), is due to come…

FINTECH CAN HELP IN FIGHT AGAINST CORONAVIRUS SPREAD IN AFRICA

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Safaricom, Kenya’s biggest telecoms operator, on Monday made a commitment to waive transaction costs on mobile money transfers under 1,000 shillings ($10) for customers on its mobile money platform, M-Pesa. Also, Airtel Kenya waived transaction…

Effect of Covid-19 on African Markets

Banks offer relief to borrowers as traders warned on hiking costs

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Borrowers can sigh in relief as banks take new measures to cushion individuals and businesses that find themselves in financial distress as a result of the fast-spreading coronavirus (Covid-19). In meeting with President Uhuru Kenyatta…

South Africa’s DTI calls for the finalisation of AfCFTA tariff schedules so to meet Implementation Date

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Source: thedti.gov.za One of the immediate tasks of the African Continental Free Trade Area (AfCFTA) is to ensure that the tariff schedule listing all products covered by the agreement for tariff liberalisation and the indispensable…

Economic Impact of the COVID-19 on Africa

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Source: uneca.org For the detailed documentation (PDF) The Economic Commission for Africa (ECA) on Friday warned the unfolding coronavirus crisis could seriously dent Africa’s already stagnant growth with oil exporting nations…

Gender Mainstreaming in AfCFTA National Strategies: Why it Matters for the SDGs

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Trading under the historic African Continental Free Trade Area (AfCFTA) is scheduled to begin on 1 July 2020. Hailed as a game-changing agreement, with the potential to propel Africa’s socio-economic transformation,…

AU urges leveraging continental free trade area towards silencing guns in Africa

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A senior official of the African Union (AU) has noted that leveraging the African continental free trade area (AfCFTA) contributes to silencing the guns in Africa, through the process of delivering broad-based prosperity on the continent. The…