Latest News for: African free trade

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Gov’t eyes continental markets in ’24-hour economy’ push

B & FT Online 23 Jan 2025
Government’s ambitious 24-Hour Economy policy stands to gain substantial momentum from the African Continental Free Trade Area (AfCFTA) as the landmark agreement begins reshaping intra-African trade and economic cooperation.
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At WEF in Davos, Shettima, Global Leaders Target $29trn African Economy By 2050

This Day 23 Jan 2025
Vice President Kashim Shettima yesterday joined other world leaders to push for the full implementation of the African Continental Free Trade Area (AfCFTA) with a target to boost Africa’s economy to $29 trillion by 2050.
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Ghana-Nigeria business relations in focus

B & FT Online 22 Jan 2025
The meeting takes place at a pivotal moment as African nations work to implement the African Continental Free Trade Area (AfCFTA) agreement, which was projected to increase intra-African trade by as much as 52.3 percent by the end of 2025.
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At World Economic Forum, Shettima Markets Nigeria, Africa as Investment Destination

This Day 22 Jan 2025
Acknowledging, however, that the country might still have certain deficits, Shettima pointed out that Nigeria was looking up to the African Continental Free Trade Area (AfCFTA) to address the challenges ... “We have the West African gas pipeline.
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Nigeria’s Path to Economic Resilience: The Case for Currency Swap Agreements

This Day 22 Jan 2025
dollar for international trade ... Nigeria’s persistent trade deficits with countries like China and India widen balance of payments gaps ... A naira-rand swap fosters greater intra-African trade under the African Continental Free Trade Agreement (AfCFTA).
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Why rural dev’t is crucial for a 24-hour economy vision

B & FT Online 22 Jan 2025
By Albert A ARHIN ... These communities are the bedrock of Ghana’s agricultural output, which not only sustains domestic consumption but also drives exports under the African Continental Free Trade Area (AfCTA) ... Contact. ....
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Want to boost economic growth? Improve mining infrastructure

Mail Guardian South Africa 21 Jan 2025
Leveraging favourable trading regimes, such as the African Continental Free Trade Agreement (AfCFTA), to maximise the benefit of lower tariffs and reduced cost of doing business, keeping an eye on key ...
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Trump’s Paris Agreement withdrawal will affect the Global South’s renewable energy future

Mail Guardian South Africa 21 Jan 2025
For many African nations, US ... African nations could double down on initiatives such as the African Continental Free Trade Area (AfCFTA) to create economies of scale for renewable energy investments.
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Economic resilience: path to recovery

B & FT Online 21 Jan 2025
Trade and Commodity Volatility. ... Membership in the African Continental Free Trade Area (AfCFTA), headquartered in Accra, positions Ghana to benefit from an estimated $450 billion intra-African trade opportunity.
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Mauritius PM calls for closer ties with China, but insists he won't let Beijing take Chagos Islands

The Daily Telegraph 21 Jan 2025
He highlighted that Mauritius was the first African nation to sign a Free Trade Agreement with China and recalled how the Chinese president, during his visits, always reaffirmed that “China never forgets its friends.”.
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Togo’s alliance with Sahel States and its strategic ripple effect on Ghana  Maritime future

B & FT Online 21 Jan 2025
Such marginalization could weaken Ghana’s bargaining power in broader continental initiatives like the African Continental Free Trade Area (AfCFTA), where regional coalitions play a pivotal role in shaping trade policies and agreements.
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Not to be missed this time

China Daily 20 Jan 2025
... Union's Agenda 2063, Africa's blueprint and master plan for transforming Africa into the global powerhouse of the future and for the full implementation of the African Continental Free Trade Area.
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Ghana’s President John Mahama visits Gambia

The Point 20 Jan 2025
Additionally, he mentioned discussions on leveraging the African Continental Free Trade Area as a platform for fostering economic development ... can take advantage of African continental free trade area.
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In a Watershed, Nigeria’s Inaugural AfCFTA Consignment Berths in Kenyan Port

This Day 20 Jan 2025
The country’s maiden shipment under the African Continental Free Trade Area (AfCFTA) has successfully arrived at the Mombasa Port in Kenya, the Nigeria AfCFTA Coordination Office disclosed yesterday.
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Potential benefit of BRICS+ alliance

B & FT Online 20 Jan 2025
Closing related to this, Ghana’s headquarter of the African Continental Free Trade Area (AfCFTA) further offers an appropriate collaboration in boosting further both intra-BRICS trade and intra-Africa trade.

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