Page 36 - Afcfta News Today

With many countries strategising for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of the month, Dangote Industries Ltd has said its cement expansion plan and fertiliser investments...

Reclaiming SAARC from the ashes of 2020 Updated: Updated: January 13, 2021 00:40 IST Despite the despondency, the rationale for its existence is intact, and India can use it as a stage for its global ambitions Share Article AAA Despite the despondency, the rationale for its existence is intact, and India can use it as a stage for its global ambitions Thirty-six years after it first began, the South Asian Association for Regional Cooperation (SAARC), appears to be all but dead in the water. The...

‘Nigeria is bullish on recovery, long-term prospects’ Recently, CDC Group, a leading United Kingdom development finance institution, signed a Memorandum of Understanding, (MoU) with the Nigerian Sovereign Investment Authority (NSIA), marking the beginning of high-impact participation in strategic sectors of the economy through capital mobilisation. In this interview with MARCEL MBAMALU, the company’s Head of Office and Country Director for Nigeria, Benson Adenuga, speaks on the MoU, ma...

Emerging from a tortuous year, concerned citizens and other interested parties have called for radical overhaul of policy frameworks. The calls came as authorities weigh options to stimulate local production and take the economy out of the woods.

If Nigeria keeps to plans, all her closed land borders should be reopened by now. This will be a follow-up to the reopening of four of the land borders, in line with President Muhammadu Buhari’s order about two weeks ago.

South Africa started trading under two new agreements on Friday as the first goods began to flow under an Africa-wide free-trade pact and the U.K. left the…

Punch Newspapers Sections Published 31 December 2020 Lack of infrastructure, consistent foreign trade deficits, worsening exchange rate among other economic challenges are major impediments that may hinder production of standard and cheap products that can compete favourably with foreign products when the African Continental Free Trade Area commences, NIKE POPOOLA reports Comparative advantage Nigeria has consistently maintained foreign trade deficit records in recent quarters. This means impor...

Businesses raise concerns about the country’s implementation strategy Though Nigeria ratified the African Continental Free Trade Area (AfCFTA) agreement, which is set to commence implementation today, there are concerns about the country’s readiness to take advantage of the trade deal as a result of lingering challenges, especially as it relates to border control and customs procedures.  x While many small businesses are unaware of details of the trade d...

Seme border As expectations are high about the reopening of more land borders to regional trade this week, the country would address hiccups in its trade policies to optimize the benefits of the African Continental Free Trade Area (AfCFTA) scheduled to take off January 1, 2021. The Federal Government recently reopened four borders – Seme border in the South West, Illela and Maigatari border in the North West and Mfun in the South South with optimism that others would be reopened on December 3...

Populous country nigeria now plans to join its government had held off signing the agreement because it wanted business leaders to support it nigerias decision to get on the free trade bandwagon has been welcomed. experts say the f c f t a will be a game changer for the continent. at the moment intercontinental trade in africa only accounts for 17 percent of all african trade the figure for asia is more than 3 times higher at 59 percent for europe its 69 percent experts say the removal of trade ...