Africa Needs to Improve Logistics to Boost Trade
As the continent counts down to January 1, 2021, when the African Continental Free Trade Area (AfCFTA) will come into effect, several countries are still unprepared for the changes. In Uganda, players in cross-border trade and logistics are looking at ways to revive their sectors after being battered by Covid-19, while at the same time preparing for AfCFTA. Citing the recent holdups of cargo trucks at both the Busia and Malaba border posts on the Kenya-Uganda border, industry players are proposing that Uganda considers setting up a transit terminal in Tororo to prevent truck delays caused by Covid-19, writes Catherine Ageno for The East African.
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Africa:
Call to Link Continent By Rail, Water and Air
East African, 28 October 2020
As the continent counts down to January 1, 2021, when the African Continental Free Trade Area (AfCFTA) will come into effect, several countries are still unprepared for the… Read more »
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Africa:
Trade Experts Call for Implementation of AfCFTA
This Day, 23 October 2020
African trade experts have called for the swift implementation of the African Continental Free Trade Area (AfCFTA) to lift the continent out of an economic downturn caused by… Read more »
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Africa:
AfCFTA - North African Representatives Call for Accelerated Negotiations On E-Commerce
UNECA, 15 October 2020
The ECA Office for North Africa held on Wednesday 14 October 2020 a webinar on the African Continental Free Trade Area (AfCFTA) and the mitigation of the COVID-19 Impact on trade… Read more »
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South Africa:
Partnerships Crucial to Success of AfCFTA
SAnews.gov.za, 2 October 2020
Partnerships in mega projects are critical to the success of the Africa Continental Free Trade Agreement (AFCFTA), says South African High Commissioner to Mozambique, Mandisi… Read more »
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Zimbabwe:
Rules of Origin Key to Success of AfCFTA
The Herald, 17 September 2020
The protocol of trade in goods is comprised of 32 articles and nine annexes in the Africa Continent Free Trade Agreement (AfCFTA). Read more »
InFocus
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Ghana's capital, Accra, is the venue for the secretariat of the African Continental Free Trade Area (AfCFTA), which the African Development Bank gave the AU a U.S.$5 million grant ... Read more »
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The COVID-19 pandemic is having a profound impact on global trade and the businesses that drive it, says a new report by the International Trade Center. The SME (small and med Read more »
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The AfCFTA, widely touted as an economic saviour, was signed and ratified in record time and was due to come into effect on July 1, 2020. The kickoff will probably be postponed ... Read more »
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Despite their weak negotiating position, Africa's informal businesses - which are primarily woman-owned - contribute an estimated 50% of GDP on the continent. In addition, they ... Read more »
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AllAfrica's news partners report on the landmark African Continental Free Trade Area Agreement, which came into effect at the African Union summit in Niamey. The development is ... Read more »
Standard Gauge Railway train (file photo).