In a move to strengthen Africa’s agricultural sector, Afreximbank, the African Continental Free Trade Area (AfCFTA) Secretariat, and the World Food Programme (WFP) have signed a three-year Memorandum of Understanding (MoU) to support African farmers, agro-processors, and commodity traders with…
The Federal Government on Friday unveiled a comprehensive strategy to lead Africa’s digital trade revolution within the framework of the African Continental Free Trade Agreement (AfCFTA). Vice-President Kashim Shettima, said this while delivering a keynote address during a Stakeholders Summit…
…Promises unwavering support for businesses The Federal Government has reaffirmed its dedication to ensuring that Nigerian businesses, both small and large, will benefit from the $50 billion African Continental Free Trade Area (AfCFTA). President Bola Tinubu made this announcement on…
President Bola Tinubu on Tuesday launched the Preferential Trade as part of the implementation of the African Continental Free Trade Area, AfCFTA, initiative. The President, while speaking at the launching ceremony of the Guided Trade Initiative under the AfCFTA in…
African Export-Import Bank (Afreximbank) has announced the launch of an innovative capacity development program designed to empower African corporates to capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA). This initiative, spearheaded by Afreximbank Academy (AFRACAD)…
The Nigerian Content Development and Monitoring Board (NCDMB) has advocated for the removal of visa restrictions among African nations, the creation of a database of available skills, and the simplification of cross border deployment of labour in line with plans…
Stakeholders on the continent have reiterated the importance of implementing the African Continental Free Trade Agreement (AfCFTA) in Africa. They spoke at a conference organised by ECA in partnership with the AfCFTA Secretariat and the United Nations Development Project (UNDP)…
United Bank for Africa (UBA), one of Nigeria’s leading lenders, has announced that it has signed a Memorandum of Understanding (MoU) worth $6 billion with the African Continental Free Trade Area (AfCFTA) secretariat. The agreement aims to provide funding for…
Nigeria’s intra-African trade has continued to underperform expectations despite the commencement of the African Continental Free Trade Area (AfCFTA) as the trade value fell Year-on-Year (YoY) to N842.6 billion in the first quarter of 2023 (Q1’23) 11.95 percent down from…
United Bank for Africa (UBA) Plc has signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to provide financing for up to US$6.0bn over the next 3 years to eligible SME across Africa. UBA signed the agreement…
