Intra-African trade values hit US$192 billion

, ,
L-R )Dr. Roger W. Ferguson, Former Vice Chair Federal Reserve, USA, Dr. Yemi Kale, Afreximbank’s Group Chief Economist and Managing Director of Research and International Cooperation, H.E. Monique Nsanzabaganwa, Deputy Chairperson, African…

FG calls for investment in SME training to boost African trade

,
The Federal Government has tasked African countries to invest more in the training of Small and Medium Enterprises to improve trade standardisation and boost the continent’s economy. This was as the government reiterated its commitment…

Intra-African trade up 7.2% in 2023, report finds

, , ,
(Ecofin Agency) - Southern Africa remains the main driver of intra-African trade, accounting for 41.4% of all trade between the continent's countries over the past year. Intra-African trade increased by 7.2% in 2023, reaching $192 billion,…

West African nations call for firms to be able to offset carbon

, ,
FILE PHOTO: A general view shows Tata Steel Port Talbot steel production plant, ahead of its planned transition from blast furnace to electric arc furnaces, at Port Talbot, Wales, Britain, March 11, 2024. REUTERS/Toby Melville/File Photo LONDON,…

Economic reforms needed for growth, job creation – President Ramaphosa (SAnews)

, ,
President Cyril Ramaphosa has used his weekly newsletter to call for a continuation of economic reforms in order to stimulate economic growth and job creation, and to attract investment. “Regardless of the form or composition of the incoming…

Leveraging the AfCFTA Guided Trade Initiative for Inclusive Growth: Insights for Chambers of Commerce

,
Leveraging the AfCFTA Guided Trade Initiative for Inclusive Growth: Insights for Chambers of Commerce As the African Continental Free Trade Area (AfCFTA) progresses into its next phase with the inclusion of 31 countries in the Guided Trade…

31 Nations Set to Initiate Trade Under AfCFTA Agreement in 2024

,
BY: SABRINA JARDIM - CREAMER MEDIA ONLINE WRITER Original Source Amid the increasing importance of intra-African trade, 31 countries are expected to start trading under the African Continental FreeTrade Area (AfCFTA) Agreement by the end…

Navigating the Digital Future: The AfCFTA Digital Trade Protocol and Its Impact on Chambers of Commerce

,
In a landmark move that promises to redefine the digital landscape of Africa, the African Continental Free Trade Area (AfCFTA) has introduced the Digital Trade Protocol. This groundbreaking protocol is set to establish…

Unveiling the Cornerstone of Intra-African Trade: The AfCFTA Rules of Origin

,
The African Continental Free Trade Area (AfCFTA), an ambitious initiative aimed at creating the world’s largest free trade area by member states, is poised to transform trade across the African continent. With 55…

Financing Small and Medium Enterprises (SMEs) in Africa: A Crucial Imperative for Chambers

,
Financing Small and Medium Enterprises (SMEs) in Africa: A Crucial Imperative for Chambers In the dynamic landscape of African economies, Small and Medium Enterprises (SMEs) play a pivotal role as engines of growth, innovation, and employment.…