Page 31 - Afcfta News Today

Africa’s installed capacity generation gained 52 gigawatts (GWs) in five years, the 2020 Annual Development Effectiveness Report of the African Development Bank (AfDB) has disclosed.

Minister of Industry, Trade and Investment, Adeniyi Adebayo, has said the President Muhammadu Buhari administration is adopting legislation-backed policy to promote the ease of doing business in the country.

Vilakazi said the Sub-Sahara Africa automotive sector currently accounts for less than 3% of global production, against 30% for China, 22% for Europe and 17% for North America.

A consultancy firm, Compass Global, says the preparedness of SMEs and access to vital information are critical as countries move into the implementation phase of the African Continental Free Trade Agreement (AfCFTA). Mrs Tokunbo Chiedu, Chief Executive Officer, Compass Global, said this in a statement on Tuesday in Lagos. Chiedu said that SMEs represent 90 […]

A rail advocacy group, African Railway Roundtable, has called on the African Union Development Agency – New Partnership for Africa's Development (AUDA-NEPAD) and the secretariat of the African Continental Free Trade Area

Since 2008, the Kenyan government has been pushing for rapid economic growth through social, structural and economic reforms under the Big 4 Agenda.

Once ratified, AfCFTA will expand business prospects for women-led businesses by integrating informal SMEs into the continental markets.

AFRICA is currently underserved in terms of Data Centre (DC) capacity, accounting for one per cent of the global total.

Stakeholders in the maritime sector, yesterday, bemoaned the low status of African countries in the international maritime space, despite being a prominent centre of trade in the world.

PAPSS is expected to boost intra-African trade and underpin the implementation of AfCFTA.