Latest News for: African free trade

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Lesotho hardest hit as new US tariffs rattle Africa

The Peninsula 03 Apr 2025
Lesotho is among the about 30 sub-Saharan African countries that benefit from duty-free access for some products to the US market through the African Growth and Opportunity Act (AGOA) deal.
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Why the Gulf States’ relations with Africa is the new heaven

B & FT Online 03 Apr 2025
The African Continental Free Trade Area (AfCFTA) and GCC Opportunities. The implementation of the African Continental Free Trade Area (AfCFTA) in 2021 has created a single market for 1.7 billion ...
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Dismantling USAID and building Africa’s path to self-reliance

Blitz 03 Apr 2025
By fostering agricultural trade through initiatives like the African Continental Free Trade Area (AfCFTA), nations can create resilient food supply chains that support both rural economies and urban populations.
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Roundup: South African experts urge market diversification amid U.S. "unilateral trade tariffs"

Xinhua 03 Apr 2025
... to be the hardest hit, analysts also noted that the tariffs effectively signaled the end of the African Growth and Opportunity Act (AGOA), the 2002 trade pact that granted duty-free access to U.S.
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Tariff wars: How SA will be affected and what can it do to work around it

Independent online (SA) 03 Apr 2025
The South African Presidency on Thursday said it noted the tariffs with concern ... South African Exports ... For SA, the African Continental Free Trade Agreement (ACFTA) is one ready mechanism that seeks to reduce existing barriers to intra Africa trade.
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Namibia's new foreign minister vows to expand trade footprint

China.dot.org 03 Apr 2025
Speaking at a staff meeting on Thursday, Ashipala-Musavyi emphasized the importance of leveraging regional trade agreements, particularly the African Continental Free Trade Area, to boost Namibia's economic growth.
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Lesotho, Africa's 'kingdom in the sky' jolted by Trump

Knoxville Daily Sun 03 Apr 2025
The economy is heavily reliant on textile exports bound for the United States through the African Growth and Opportunity Act (AGOA) trade deal which provides duty-free access to the US market for some African products.�.
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ASEAN 2025

Malaysian National News Agency 03 Apr 2025
This is not simply a trade manoeuvre ... The New Development Bank under BRICS, the African Continental Free Trade Area, and ASEAN’s evolving QR-code-based payment systems all reflect a movement toward alternative economic pathways.
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KAIZER NYATSUMBA: SA manufacturers benefited from apartheid, but have suffered under democracy

Business Day 03 Apr 2025
Instead of encouraging innovation and improving competitiveness so that local manufacturers will be better placed to take advantage of the opportunities presented by the African Continental Free Trade ...
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Eric Trump says he wouldn’t want to be the last country that negotiates a trade ...

Cryptopolitan 03 Apr 2025
Eric Trump went on X on Thursday and told the world exactly how things are going to go under his father’s new trade policy ... “As a country, we are in favour of free trade,” Pierrakakis said in a written statement.
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Dismantling USAID could boost African self-reliance

Arab News 02 Apr 2025
... intra-African trade and deepening regional integration ... Achieving economies of scale through the African Continental Free Trade Area could help crowd in private capital to build up critical industries.
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Burundi President’s visit set to unlock new cooperation potential: diplomat

Vietnam News 02 Apr 2025
... and trade opportunities ... With the establishment of the African Continental Free Trade Area (AfCFTA) in 2021, trade between Việt Nam and Africa has been on the rise, and is set for further growth.
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Market diversity is essential for SA's agricultural exports amid geopolitics and trade risks

Independent online (SA) 02 Apr 2025
Post-apartheid era trade agreements like the Southern African Customs Union (SACU) - European Free Trade Association (EFTA), the Southern African Development Community (SADC), and numerous other ...
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Mena region GDP growth to average 4.5% annually over the next three years

Khaleejtimes 02 Apr 2025
The Mena region is also witnessing a surge in intra-regional trade, driven by the establishment of frameworks such as the African Continental Free Trade Area (AfCFTA) and various bilateral agreements.
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2025 Budget: A missed opportunity to drive industrial growth and global competitiveness?

B & FT Online 02 Apr 2025
... apart from general references to stabilization and agriculture, has raised concerns about Ghana’s readiness to compete under frameworks like the African Continental Free Trade Area (AfCFTA).

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