Page 17 - Afcfta News Today

Afreximbank's intra-African Trade Initiative MD Kanayo Awani says the information gap means African investors are still losing out on potential opportunities.

Notwithstanding the slow pace of implementation of the African Continental Free Trade Agreement (AfCTA), logistics executives have expressed optimism about the benefits inherent in the trade deal.

Concerns abound that African producers of coffee beans don’t earn their fair share in the global value chain, sparking sustained agitation for processing capacity to be established

African leaders urged to prioritise the much-needed discussion on renewable energy and climate education.

The nation’s exports to the Americas region reached US$8.21 billion in January, whilst it imported US$1.64 billion from the market, according to data released by the Ministry of Industry and Trade.

A significant proportion of these products include Uganda’s leading exports to the African continent

President Muhammadu Buhari has approved the appointment of Mr Olusegun Awolowo as Secretary, National Action Committee on the African Continental Free Trade Area (AfCFTA) for a tenure of four years.

This is despite the implementation of the 1.2 billion-strong market under the continental free trade area (AfCFTA) in January 2021

The Mo Ibrahim Index report shows that only five countries in Africa are trading within the continent.

Since 2020, the COVID-19 pandemic has become the key alibi for inaction of many governments in addressing key economic and developmental issues.