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STDF Annual Report shows strong partnerships keep safe trade flowing

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The latest Annual Report from the Standards and Trade Development Facility (STDF), launched on 22 June, spotlights how ongoing dialogue and cooperation among partners have helped developing and least-developed countries (LDCs) strengthen their…

WCEF2022 invites the world to Africa on 6-8 December 2022 to build circular economy solutions

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For the first time ever, the Global South will be in focus as this year’s World Circular Economy Forum takes place in Africa on 6–8 December 2022. Titled From Africa to the World, the forum will be held in Kigali, Rwanda and online, with…

Roundtable Considers Links of Digitization and E-Commerce to Inequality

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A roundtable, convened by the International Institute for Sustainable Development (IISD) and CUTS International, Geneva, as a part of IISD’s second Trade and Sustainability Hub, discussed the digital divide’s relationship to inequality and…

AfCFTA Suffers Setback As Benin Republic Slams CFA9m On Nigeria-bound Transit Cargoes

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The AfCFTA is an ambitious trade pact to form the world’s largest free trade area by connecting almost 1.3bn people across the 54 African countries. The agreement aims to create a single market for goods and services in order to deepen the…

AfCFTA Protocol on Women and Youth in Trade in the Offing - Wamkele Mene

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The African Continental Free Trade Area (AfCFTA) is developing a protocol for women and youth in trade to place them at the centre of its activities, Wamkele Mene, Secretary-General, AfCFTA has announced. The move, according to him, was to…

East Africa's Private Sector Wants Rules of Origin Finalised

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The private sector in the East African region wants finalisation of Rules of Origin under the African Continental Free Trade Area (AfCFTA) speeded up. The call was made early this week in Nairobi by the business leaders during a consultative…

Long-Awaited Africa Free Trade Area Takeoff Delayed by Six States

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Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021. The AfCFTA, a brainchild…

African Youths Are Catalytic Force to Propel AfCFTA, Says Afreximbank Boss

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The President of the African Export and Import Bank (Afreximbank), Prof. Okey Oramah has identified African youths as the catalytic force that would propel the realisation of the African Continental Free Trade Area (AfCFTA) initiative. Oramah…

Safaricom Sets 3.5pc Fee on New M-Pesa Visa Card Payments

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Safaricom will charge customers 3.5 percent of the value of their online purchases made using the newly introduced virtual card it has launched in partnership with global payments firm Visa. The two firms inked a deal to form the  M-Pesa Global…

28 Banks Join $500m Pan-African Settlement Platform

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One year after the take-off of the African Continental Free Trade Agreement (AfCFTA), no fewer than 28 banks in Africa joined the Pan-African Payment and Settlement System (PAPSS), which took off with a $500m facility with an additional 24 banks…