AfCFTA

AfCFTA Trade in Services Regulatory Audit Reports launched

The AfCFTA Secretariat, in partnership with the World Bank, has carried out Regulatory Audits on Trade in Services for all African countries. The launch of the African Continental Free Trade Area Trade in Services Regulatory Audit Reports…
African Business

East African Community inches towards financial integration

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In December, the East African Legislative Assembly (EALA) passed a bill establishing the East African Financial Services Commission (EAFSC), one of the key steps on the road to achieving regional monetary union. The EAFSC will work…
ECA

Momentum builds for free movement under AfCFTA

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Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the Protocol on the movement of people. The…
The New Times

Africa Economic Zones Organization: Annual Report 2022

Since the late 90s ,African Special Economic Zones have gained considerable traction and are considered as one of the main instruments to stimulate economic growth ,promote FDI, and accelerate industrialization. According to the African Economic…
The New Times

Tunisia milk market 'collapsing' as feed prices soar

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Noura paces around the center of Tunis in search of milk. "When I find it, I can not buy more than two bricks," she said about a shortage that illustrates the plight of a sector "in slow collapse. The Tunisian market absorbs 1.8 million…
The New Times

Africa Sovereign Credit Rating Review 2022 End of Year Outlook

ABOUT THIS REPORT This 6th edition of the African Union – African Peer Review Mechanism (AU-APRM) end of year Sovereign Credit Rating Review Report presents an analysis of the long-term foreign currency sovereign credit rating actions in Africa…
Unsplash

U.S.'s Yellen tours Ford Assembling plant in Pretoria, hails Africa's economic potential

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US Treasury secretary Janet Yellen toured Thursday (Jan. 26) a Ford Motor plant in the South African capital. The plant is one of two in the country. Earlier that day, she met the Finance Minister Enoch Godongwana. Yellen's stop to…
The New Times

ECOWAS parliament speaker links dollars for regional trade to inflation, seeks adoption of common currency

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The Speaker of the Parliament of Economic Community of West African States (ECOWAS) Dr. Sidie Tunis has called for more political commitment towards the adoption of the ECOWAS common current, while blaming inflation in the region on the use…
Business Daily

Mystery Investor’s Purchase of Safaricom Shares Stops Plunge

A mid-week block purchase of Safaricom shares by an unknown local institutional investor has halted the slide in the telco’s shares that had hit a 69-month low, triggering bargain purchases. Nairobi Securities Exchange (NSE) data show…
The New Times

Local startups seek funding to tap into AfCFTA

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There is a need for funding and enhanced access to finance for young entrepreneurs with startups so as to increase both production and quality as a way of tapping into the African Continental Free Trade Area agreement (AfCFTA). Local…