Browsing: Africa’s exports

Bilateral relations between the two countries improved after the UAE showed its benevolence. This was by sending aid in response to the Cyclone Idai storm in March 2019. Planeloads of humanitarian assistance were sent to Zimbabwe, which went a long way in helping victims and mitigating the impact of the cyclone. UAE also assisted the Southern African country’s fight against Covid-19 with a consignment of required medical drugs.

Early March, the new dispensation approved the establishment of a commercial consulate in the commercial hub of Dubai. Economic and trade attachés will operate in the consulate. This is an effort to complement investment promotion being done by Zimbabwe’s embassy in the UAE.

In a cabinet briefing published by The Herald on March 17, 2022, Minister of Foreign Affairs and International Trade Ambassador Frederick Shava said the development created an environment conducive to doing business.…

The African Continental Free Trade Area (AfCFTA) is a free trade area which was founded in 2018, has seen the agreement take effect in January this year.

AfCFTA was created by the African Continental Free Trade Agreement among 54 of the 55 African Union nations. Now Kenyan manufacturers have urged government and relevant agencies to urgently address gaps in trade facilitation following the commencement of trade under the Africa Continental Free Trade Area (AfCFTA).

This was during a webinar on the status of implementation of AfCFTA, hosted by Kenya Association of Manufacturers (KAM) in partnership with National Trade Facilitation Agencies, including Kenya Revenue Authority (KRA), Kenya Bureau of Standards (KEBS) and Kenya Trade Agency (KenTrade).

Speaking during the session, KAM Chair, Mr Mucai Kunyiha, recognized the challenges and opportunities in AfCFTA.

According to the world bank, the AfCFTA presents a major opportunity for African countries to bring 30 million people …