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…

How Emerging Markets Will Shape Africa in 2020 (WEF)

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In recent years, Sub-Saharan Africa has increasingly traded old friends, like the US and the European Union, for new ones in emerging markets. Since 2006, the region’s exports to the US have declined by 66%, while exports to countries…

Africans Urged to Carefully plan and execute preparatory work for the success of Single Window System

Source: www.uneca.org The government of The Gambia, in collaboration with the United Nations Economic Commission for Africa (ECA) are holding a technical workshop on the Gambia’s national AfCFTA implementation strategy. Experts from…