Tag: AfCFTA
Twitter in Ghana shows death of free speech in Nigeria, By Ken Ugbechie
April 18, 2021 On Monday, April 12, news broke that Twitter has announced it will be opening its first office in Africa. That’s good news. The bad side of the news for Nigerians is that the new Twitter office will be based in Ghana, not in Nigeria. There was grumble and mumble from Nigerians. Why ...OSINBAJO URGES WORLD LEADERS: END UNFAIR BURDENS ON DEVELOPING COUNTRIES, CRITICISES VACCINE NATIONALISM
April 14, 2021 The Vice President, Yemi Osinbajo has called on world leaders to build a fairer world that takes into account the interest of the poor and the marginalized. He noted that the world should not impose unfair burdens on developing countries, but that the principle of fairness must be applied by leaders in ...AfCFTA: FG’s huge investment on the rail sub-sector is to help facilitate trade – Amaechi
April 13, 2021 Mr Rotimi Amaechi, Minister of Transportation, on Tuesday that the Federal Government had invested heavily on the rail sub-sector of transportation to help facilitate trade. He made the disclosure at the virtual National African Continental Free Trade Agreement (AfCFTA) Implementation Engagement Series for the Rail sub-sector of Transportation. Amaechi, who was represented ...AFREXIMBANK, NEXIM to mobilise $50m support investments in Nigeria
The African Export-Import Bank (Afreximbank) and the Nigeria Export-Import Bank (NEXIM) have expressed readiness to mobilise 50 million dollars as Joint Project Preparation Fund for investments in Nigeria. The organisations said this in a joint statement issued in Cairo, Egypt and Abuja on Wednesday. According to the statement, both organisations signed a Memorandum of Understanding ...African govts. develop modalities to fill $92.8bn annual development financing gap
African governments have begun developing modalities to fill the annual development-financing gap of 92.8 billion dollars to implement the 2030 Agenda, achieve Agenda 2063 and actualise the Paris Agreement. Mr. Nassim Oulmane, Chief of Green and Blue Economy Section Technology, Climate Change and Natural Resources Management Division, Economic Commission for Africa (ECA), said this at ...WTO’s Ngozi Okonjo-Iweala on a 4-day working visit, to hold talks with President Buhari, stakeholders on economy
Dr. Ngozi Okonjo-Iweala, Director-General, World Trade Organisation (WTO), on Saturday, arrived in Nigeria on a 4-day official visit aimed at enhancing trade and improving the Nigerian economy. Okonjo-Iweala, who assumed duty on March 1, 2021, as the new Director-General of the WTO, is also in Nigeria to express appreciation to President Muhammadu Buhari and hold ...NAFDAC DG urges MSMEs to take advantage of the AfCFTA to expand market frontiers
Prof. Mojisola Adeyeye, Director General, National Agency for Food and Drug Administration and Control (NAFDAC) says Nigeria’s participation in the Africa Continental Free Trade Area Agreement (AfCFTA) will usher in huge economic benefits, including a $2.5 trillion dollar Gross Domestic Product (GDP). Adeyeye stated this to Micro, Small and Medium Enterprises (MSMEs) in the country, ...Still too early to gauge how AfCFTA will affect sports, entertainment industry – Centurion Law Group
January 1st, 2021 marked the start of trading under the African Continental Free Trade Area (AfCFTA) agreement. In ratifying the agreement, 34 African countries have created the largest free trade zone in the world by country participation. This is a historic point for the continent, it is the beginning of what is hoped will, at ...AfCFTA: South Africa targets Nigerian market, others as free trade begins
South Africa’s Trade and Industry Minister Ebrahim Patel on Friday urged manufacturers and farmers in the country to prepare themselves for opportunities in export markets following the launch of the African Continental Free Trade Agreement (AfCFTA). He urged them to target markets in West Africa including Nigeria (the largest single market in Africa), East Africa ...African free trade bloc opens for business, but challenges remain
African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic, but experts view the New Year’s Day launch as largely symbolic with full implementation of the deal expected to take years. The African Continental Free Trade Area (AfCFTA) aims to bring ...
