Latest News for: African free trade

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South Korea ready for maiden Korea-Africa Summit

Ghana Business News 19 May 2024
The establishment of the African Continental Free Trade Area (AfCFTA) is also making the continent a global economic powerhouse with population of 1.4 billion and GDP of $3.4 trillion.
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Economic Community of West African States (ECOWAS) senior trade officials convene in Abuja to validate ...

Capital Ethiopia 18 May 2024
He urged Member States to build on various regional, continental and multilateral Decisions and Instruments, including the ECOWAS Trade Liberalisation Scheme, the African Continental Free Trade Area, ...
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Afreximbank Delivers Strong Q1 2024 Results, Surpasses Prior Year’s Performance

This Day 18 May 2024
He added, “The implementation of the African Continental Free Trade Area (AfCFTA) , strongly supported by a robust payments and settlement system like PAPSS, is poised to strengthen the ...
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Strengthening U.S.-African partnerships

B & FT Online 17 May 2024
To address these challenges, Botswana’s head of state emphasized the importance of the African Continental Free Trade Area (AfCFTA), which is expected to boost Africa’s income by $450 ...
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Leaders of African Multilateral and Private Sector Institutions pay a courtesy visit on President Mohamed ...

Capital Ethiopia 17 May 2024
... a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the Free Trade Agreement.
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CNN: Dakhla Atlantic port, major project serving Africa's integration

Middle East Online 17 May 2024
With the implementation of the African continental free trade agreement, a deal aimed at boosting traffic and trade by creating a single market for goods and services, he said that the Dakhla Port ...
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International Finance Corporation (IFC) and Ecobank Transnational Incorporated to Support Trade Finance in Seven African Countries

Capital Ethiopia 17 May 2024
“By removing financial barriers, we will leverage Ecobank’s borderless payment platform and solutions to help businesses take advantage of the African Continental Free Trade Area single market.”.
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Spiro Agrees to US$50 Million Debt Facility with Afreximbank to Accelerate Expansion

Capital Ethiopia 17 May 2024
A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) ...
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Refuting the U.S. "China Overcapacity Campaign": A Perspective

Independent online (SA) 17 May 2024
... economic hegemony under the guise of free trade ... Embracing free trade and cooperation, as seen in the South African example, can lead to mutual benefits and global progress in clean energy development.
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As Zenith Bank’s Onyeagwu Ignites Zenpay Fintech, Partners AfCFTA

This Day 15 May 2024
As it were, Zenpay Limited which he chairs, last week signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent.
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Zimbabwe: African Development Bank’s $15 million Trade Finance Package for First Capital Bank to support ...

Capital Ethiopia 15 May 2024
... has approved a $15 million trade finance package for First Capital Bank (FCB) in Zimbabwe to help bolster intra-African commerce in line with the goals of the Africa Continental Free Trade Area.
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Panel discussion explores sustainable partnerships for a brighter future

The Daily Tribune - Bahrain 15 May 2024
They stressed the significance of initiatives like the African Continental Free Trade Area (AfCFTA) in stimulating cross-continental commerce and urged Arab countries to capitalise on this opportunity.
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Afreximbank Backs the Expansion of Silversands Hotel in Grenada with a US$ 30 Million Facility

Capital Ethiopia 15 May 2024
... a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the Free Trade Agreement.
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PAPSS Hosts Inaugural Bank CEO Consultative Forum

This Day 14 May 2024
Promoters of the Pan-African Payment & Settlement System (PAPSS), namely the African Export-Import Bank (Afreximbank); the African Union Commission (AUC) and the African Continental Free Trade ...
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