Africa


India-Africa trade gains momentum, projected to cross $100 billion in 2024
Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries.
Holdouts cast shadow over new EU pact with African, Caribbean and pacific states
The EU this week finally sealed an agreement on a new treaty that will govern relations with the African, Caribbean and Pacific (ACP) community, but the refusal of 35 of the 79 ACP states to sign it has cast a shadow over its merits.
ACP-EU cooperation: the new Samoa agreement finally signed
The new agreement will be signed on November 15 and will constitute the framework for relations between the EU and 78 countries in Africa, the Caribbean and the Pacific.
46 AfCFTA members sign cooperation protocols to support e-commerce in Africa: Afreximbank
Emily Mburu-Ndoria, Director of Trade in Services, Investment, IPR, and Digital Trade at the African Continental Free Trade Agreement (AfCFTA), announced that several cooperation protocols have been signed to support and finance e-commerce in Africa.
Kenya's hurdles in trade negotiations with United States
American President Joe Biden recently pledged to make Nairobi the investment magnet in Africa. For this to happen, Kenya and the United States must make considerable progress towards a bilateral trade deal under the Strategic Trade and Investment Partnership (STIP) framework.
US-Africa trade program must be more than 'symbolic,' US trade chief says
The United States is looking for a "more useful and effective" trade programme with Africa, U.S. Trade Representative Katherine Tai said on Saturday, as talks are underway to update a two decade-old duty free initiative.
AGOA must not undermine African free trade, says AfCFTA secretary general
The secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has cautioned that trade ties with the United States should not infringe on efforts to boost regional trade on the continent.
AGOA has not addressed structural issues
IN A GLOBALLY competitive post-Covid world, fractured by geopolitics and multiple wars, the Global South and Africa face increased interest from global powers.
Free trade and debt: the two sides of neocolonialism
Highlights from the workshop organised in Marrakesh by Attac Maroc, bilaterals.org, CADTM Africa, GRAIN and the Tunisian Observatory of Economy.
AGOA forum: ‘Africa to assert its place in global economy’
South Africa will be looking to get more out its trade ties with the US during next week’s African Growth and Opportunity Act (Agoa) Forum, where member countries will showcase the continent’s industrial capability and its regional value chains.