The African Continental Free Trade Area (AfCFTA)Secretariat, under the auspices of the United Republic of Tanzania, will be convening the Inaugural AfCFTA Conference on Women and Youth in Trade from 12 – 14 September 2022, in Dar es Salaam. Women and Youth are the heart of trade on the continent, hence, their importance to the AfCFTA […]
The presidency of the CAR announced the country would adopt bitcoin on April 27. The move sparked a backlash from the region’s central bank, the BEAC, which manages the Central African CFA Franc, which is used by six countries: Cameroon, Central African Republic, Chad, Republic of Congo, Gabon and Equatorial Guinea. In response to the move, […]
As delegates approached the inaugural AfriCaribbean Trade and Investment Forum (ACTIF) last week, the question on most people’s minds was: Where is the opportunity between the African continent and the Carribean? By the end of the three-day forum, which attracted over 1,000 delegates, with some 700 participants from across the continent, many were convinced that there are […]
While there has always been a strong desire to boost Arab-Africa trade, the rhetoric has largely failed to match the delivery. Arab-Africa trade has been static at 17% of the continent’s total trade for the last seven years, with China and the EU by far its two largest trading partners. Continental trade with its Arab […]
Tech giant Amazon’s cloud computing arm, Amazon Web Services (AWS), has opened a new office in Johannesburg in South Africa. The office aims to support growing customer demand and South Africa’s burgeoning cloud market and will provide a range of services to organizations of all sizes, including startups, enterprises, and public sector agencies, the company […]
The Food and Agriculture Organization of the United Nations (FAO) warns about a looming food crisis in Sudan driven by the combined impacts of armed conflict, low production of key staple crops and economic turmoil. A multi-partner Integrated Food Security Phase Classification (IPC) analysis, issued today and conducted between March and April 2022, involving 19 agencies, […]
Zimbabwe National Chamber of Commerce have notified the change in leadership for the 2022-2023 tenure. Mr. Mike Kamungeremu is the new Chamber President taking over the leadership reigns from Dr. Tinashe Manzungu whose two-year term of office expired in June 2022. Kamungeremu was elected into office at an Annual General Meeting held on the 21june […]
Algerian, Nigerien and Nigerian Energy Ministers signed on Thursday a memorandum of understanding (MoU) for the construction of a 4,000 gas pipeline across the Sahara Desert that will supply Europe with additional gas, the Algerian news agency APS wrote. The Trans-Saharan Gas-Pipeline (TSGP), should send billions of cubic meters of Nigerian gas to Algeria via […]
The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package to enhance the Secretariat’s effective implementation. The signing took place on 25 July 2022, on the margins of the ninth meeting of the AfCFTA Council of Ministers […]
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 economic integration of Africa. The agreement was brokered by the African Union (AU) […]
