ISDS Case Map
AfCFTA
African Continental Free Trade Area
“Kenya will incur the largest loss at $14.2 million, followed by Uganda at $13.5 million. Tanzania is estimated to register revenue loss of $5.3million, Burundi $4.3million and Rwanda $ 3.9,” the Economic Policy Research Center (EPRC)shows.
The vote on the “Future of EU-Africa trade relations” focuses on five key themes: infrastructure, food security, civil society, fair trade agreements and sustainable economic development.
The agreement was brokered by the African Union (AU) and was signed by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. The only country still not to sign the agreement is Eritrea, which has a largely closed economy.
To date, a total of forty-three (43) African countries are State Parties to the Agreement of the AfCFTA, including twelve (12) ECOWAS Member States.
Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021
As investor-state arbitration continues its growth as one of the most dynamic and controversial features of international investment law, developing countries must learn lessons from the decisions of arbitral tribunals on old-generation treaties.
Spain has been a major importer of Nigerian crude oil, and Nigeria’s exports to Spain stood at $4.8billion in 2020 whilst Spain’s exports to Nigeria increased from $97.2 million in 1995 to $517million in 2020
The purpose of the meeting was to bring together a number of ECOWAS Member States (Gambia, Nigeria, Senegal) and ERCA officials for a brainstorming on the draft AfCFTA Protocol on competition...
The Swiss President said Kenya is an attractive destination for investments and trade it serves as a gateway to Eastern and Central African region, and Swiss companies will benefit from the huge market provided by the AfCFTA agreement.
When the African Union rallies behind industry to regulate a sector that affects livelihood of 33 million smallholder farmers, we should shout from the rooftops
