Browsing: African Continental Free Trade Area (AfCFTA)

The EU is supporting efforts in the Horn of Africa that will boost regional economic integration and trade.  Djibouti’s major…

Africa is home to nearly all the valuable minerals that are essential to generating wealth, producing commodities, and advancing technology. Approximately 30 per cent of the world’s mineral reserves are in Africa, but most mineral-rich countries remain poor with little to celebrate. Some of the key minerals found in Africa include oil, diamonds, gold, silver, copper, cobalt, coal, iron ore, uranium, and platinum.

The East African region has a long history of cooperation stretching back to 1900 when a Single Customs Collection point was established at Mombasa. Still, Non-Tariff Barriers remain a challenge to trade. The first instance of regional integration dates back to 1917 between Uganda and Kenya.

Kenya will progressively allow more imports from the EU into its market. An EU official terms the trade agreement with…

The Kenyan shilling has fallen to a new low of 140.04 against the US dollar. Central Bank of Kenya data…

With tightening monetary policies globally, many African economies are struggling with falling forex reserves. Low reserves have sent governments back…

Standard Bank has developed the Africa Trade Barometer, a tool that blends qualitative and quantitative data across African markets. The…

Rwanda and Kenya who have already started trading through the agreement. Mid-February, Tanzania also said it was ready to trade…

AGOA has been a cornerstone of the U.S trade policy in Sub-Saharan Africa since the year 2000. The non-reciprocal trade…

The realities on the African continent are unpalatable. The levels of financial, education and energy poverty among several other scales…