JOHANNESBURG, Jan 11 (Reuters) - Members of Africa's new free trade area should complete their tariff reduction schedules and finalise essential rules of origin by July, a senior official with the bloc's secretariat said on Monday.African countries began officially trading under the African Continental Free Trade Area (AfCFTA) on Jan. 1, after months of delays caused by the global coronavirus pandemic.Experts, however, say full implementation of the deal will likely take years.
When Nigerian businessman and philanthropist Tony Elumelu, in his keynote address before world leaders, at the 2019 Invest for Growth in Africa Conference in Paris argued that “Africans do not need aid – rather our young people need investment,” the business tycoon and thought leader spoke confidently on sustainable means to grow the economy through real-time empowerment and investment.
Today, away from aids, Nigeria in 2020 is proud of what venture investments from tech have added to its GDP. From disclosed raisers to undisclosed investments, Nigerian tech startups in the year under review closed millions in cash to scale and expand their ventures, thus -facilitating increasing employment opportunities for citizens with possibilities of cutting down on Nigeria’s poverty index which stood at 40.1% in 2019.
What the U.S Transition Might Mean for Africa 31st Dec 2020 | Source: APO
What the U.S. Political Transition Might Mean for Africa Generally and Its Oil and Gas Sector in Particular (By Jude Kearney)
US Africa relations will likely improve by virtue of Trump’s exit By Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber (EnergyChamber.org) 2021 could be the beginning of a much needed reset for US relations with Africa and its various countries and regions. To date, most African governments have responded positively to the results of the recent U.S. presidential election, with many African leaders offering their congratulations to Joe Biden. That is no surprise: Donald Trump’s presidency has been, at best, a mixed bag for Africa and Africans.
What the U S Political Transition Might Mean for Africa Generally and Its Oil and Gas Sector in Particular (By Jude Kearney) venturesafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from venturesafrica.com Daily Mail and Mail on Sunday newspapers.
Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber December 30, 2020
Image credit: African Energy Chamber
2021 could be the beginning of a much-needed reset for US relations with Africa and its various countries and regions. To date, most African governments have responded positively to the results of the recent U.S. presidential election, with many African leaders offering their congratulations to Joe Biden. That is no surprise: Donald Trump’s presidency has been, at best, a mixed bag for Africa and Africans.
President Trump’s Africa Legacy
Unfortunately for Donald Trump, his widely reported use of profane and vile language in a closed door meeting to describe African and other developing countries is now viewed by many, including most Africans, as clear evidence that he is uninterested in any meaningful or supportive relationship with Africa. While I accept it as fact that such derogation of a whole continent of peo