Nigeria Launches AfCFTA Market Intelligence Tool to Boost Intra-African Trade
Nigeria Launches AfCFTA Market Intelligence Tool to Boost Intra-African Trade
The Federal Ministry of Industry, Trade and Investment, in partnership with Uganda Airlines, has launched a new Market Intelligence Tool to support Nigerian businesses in leveraging opportunities under the AfCFTA. According to NEPC Executive Director Nonye Ayeni, the tool will provide vital data on market trends, consumer behavior, pricing, tariffs, and trade opportunities, enhancing decision-making and facilitating seamless continental trade.
The NEPC also highlighted Nigeria’s increasing non-oil export performance, recording $5.456 billion in 2024—a 20.77% rise from 2023. In Q1 2025, non-oil exports grew by 24% compared to the same period in 2024, with exports to 10 ECOWAS countries rising by 223.10%. The Market Intelligence Tool, along with logistics improvements and Nigeria’s tariff concession schedule, reflects the country’s deepening commitment to AfCFTA integration and trade facilitation. Read more https://tribuneonlineng.com/how-afcftas-market-intelligence-tool-will-support-nigeria-businesses-nepc/
