African countries must build sustainable and resilient economies by enhancing their efforts to design and implement credible macroeconomic frameworks to promote structural transformation. Dr Hanan Morsy, the Deputy Executive Secretary, United Nations Economic Commission for Africa (UNECA), said this at…
Trade experts on Wednesday validated Nigeria’s implementation strategies for success under the Africa Continental Free Trade Area Agreement (AfCFTA). They spoke in Lagos at the final validation roundtable by stakeholders before presentation to the Federal Executive Council (FEC) for President…
The Lagos Chamber of Commerce and Industry (LCCI) on Friday said the 2022 Lagos International Trade Fair (LITF) would be used to exploit the opportunities of the African Continental Free Trade Area (AfCFTA). This, the chamber said, was following the…
By Matthew Denis Abuja President Muhammadu Buhari revealed that the recently executed African Continental Free Trade Agreement (AfCFTA) is a typical reference point as the deal has created a continent-wide market embracing 55 countries with 1.3 billion people and a…
African Export-Import Bank (AFREXIM) and other trade experts have charged the Nigerian government to deploy mechanisms aimed at maximising the opportunities of Africa Continental Free Trade Area (AfCFTA), one year post-implementation. The experts gave the advice on Tuesday during a…
The National Action Committee for implementation of African Continental Free Trade Area (AfCFTA), says implementation of framework establishing the agreement will help Nigeria optimise its gains. Mr Ogo Chukwura, the Team Lead, Export Market Development of the committee said this…
The African Continental Free Trade Area (AfCFTA) has inaugurated a 14-member team to serve as its Trade and Industrial Development Advisory Council. A statement issued by the AfCFTA secretariat on Tuesday said that Prof. Oyebanji Oyelaran-Oyeyinka, Dr. Adeyemi Dipeolu and…
Ms Funmi Folorunsho, African Continental Free Trade Agreement (AfCFTA) Co-champion on Transportation, says trade negotiation is ongoing between Nigeria and other African countries on trade opportunities in the transportation sector. Folorunsho made this known in an interview on Tuesday in…
The African Union, African Export-Import Bank (Afreximbank) and AfCFTA on Thursday commercially inaugurated the Pan-African Payment and Settlement System (PAPSS), thereby making it available for use by the public. PAPSS is a cross-border, financial market infrastructure enabling payment transactions across…
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities, award winning digital products and strategic focus. Kola Adeleke, Executive Director, Corporate…
