Africa


Lekki deep sea port promotes AFCFTA gains, but local communities seek environmental protection
The Lekki Deep Sea Port seeks to position Nigeria for the big gains of the African Continental Free Trade Area (AFCFTA), competitive transhipment, and status upgrade, but local communities want a share of this prosperity and protection.
S&Ds: Equal partnership with Africa, Caribbean and Pacific Countries to address global challenges
After five days of intense debates, a vote on resolutions and visits on the ground, the 43rd session of the Joint Plenary Assembly among the African, Caribbean, Pacific Countries and the EU (JPA ACP-EU) has ended.
Nigeria’s intra-African trade dips 12% to ₦842.6bn in Q1’ 2023 – NBS
Nigeria’s intra-African trade has continued to underperform expectations despite the commencement of the African Continental Free Trade Area (AfCFTA) as the trade value fell Year-on-Year (YoY) to N842.6 billion in the first quarter of 2023 (Q1’23) 11.95 percent down from N956.93 billion in Q1’22.
Public sector in Africa told not to be excited yet about AfCFTA’s progress
Mr David Ofosu-Dorte, Senior Partner, AB and David Africa, has urged African public sector players not to be too excited yet about the African Continental Free Trade Area’s (AfCFTA) progress.
India plans to revive trade deal with SACU
Amid declining merchandise exports due to demand slowdown in the west, India is placing renewed focus on striking a trade deal with a union of five countries of Southern Africa.
Public service key to AfCFTA implementation
African countries should prioritise upskilling and digitising the public service in order to accelerate implementation of the African Continental Free Trade Area (AfCFTA) protocols, especially in areas where tariff phasedown has been agreed.
Africa: The African Growth and Opportunity Act nears its deadline
The African Growth and Opportunity Act (AGOA), which allows duty- and quota-free exports from eligible African countries into the United States, is due to expire in 2025.
Zooming in on the Investment Protocol to the AfCFTA: a new era for investment disputes across Africa?
State parties consider whether to turn to traditional methods of investment dispute settlement mechanisms or more innovative solutions, such as an African investment court.
EU agrees trade deal with Kenya as Brussels aims to boost Africa ties
The EU has agreed a trade deal with Kenya, marking an important step in Brussels’ efforts to boost economic relations with Africa.
AfDB donates Madagascar $1.5m to help join AfCFTA
The African Development Bank has granted Madagascar $1.5 million in view of helping the African country work on its adherence to the African Continental Free Trade Area (AfCFTA), local media “Madagascar Tribune” reported.