COP28: The Dual Imperatives of Africa’s Trade and Climate Goals – APRI
The African Continental Free Trade Area (AfCFTA) Agreement is designed to drive African industrialization— defined as the shift towards greater production of high-value manufactured goods— through increased intra-African trade. This will be done through the elimination of tariff and non-tariff barriers facing trade among African …
How the AfCFTA and WTO can work towards sustainable investment in Africa – World Economic Forum
In today’s interconnected world, international trade and investment can play a pivotal role in driving economic growth and prosperity. Amidst this landscape, two essential agreements have emerged on to the global stage, promising to reshape the way nations engage in investment activities: the African Continental Free …
Nigeria’s foreign minister has his work cut out – ISS Africa
The challenge lies in navigating domestic constraints and regional dynamics to strengthen the country’s global standing. Nigeria’s new Minister of Foreign Affairs Ambassador Yusuf Maitama Tuggar is leading the country’s foreign relations in the face of significant domestic and external turbulence. His ministry coordinates Nigeria’s …
The AfCFTA and the Vision for a Pan-African Investment Agency – APRI
Negotiations towards finalising the African Continental Free Trade Area (AfCFTA) agreement have been progressing speedily, and a number of constituent protocols have been successfully adopted. Among them is the Protocol on Investment, which seeks to harmonise the regulatory environment for intra-African investment while promoting, protecting …
The AfCFTA can help address African inequalities – APRI
The African Continental Free Trade Area (AfCFTA) is the world’s largest free trade area (FTA) by number of countries. The AfCFTA agreement seeks to create a single market for goods and services produced in Africa, accelerating technological change and industrialisation through increased intra-African trade. The …
Can EU investment revive Lake Chad Basin’s economy?
The European Union (EU) will, on 6 February, finalise the list of priority projects under its Global Gateway initiative in 2023. The plan to mobilise investments that build sustainable links worldwide was unveiled in December 2021. Half of the €300 billion global target is earmarked for soft and hard …
Ubuntu could help push Africa’s free trade agenda
Applying the African Continental Free Trade Area (AfCFTA) agreement has always been described as a marathon, not a sprint. This has proven true as no commercially significant trade has occurred under the deal since its launch on 1 January 2021 due to negotiation delays. However, significant progress …
The African Union needs the power of the people
Engaging African publics can be key to protecting African regional projects from fluctuating political will The African Union has developed and launched many plans and charters aimed at solving some of the perennial problems facing the continent’s development. Some of these plans have however experienced …
Industries can prosper in conflict-affected Lake Chad Basin
Nigeria now spends more than it earns just to service its debt — a crisis that raises serious concerns about the government’s ability to finance public infrastructure, civil service salaries, education and healthcare. It also has dire implications for the protracted war against the Boko …
Can Nigeria finance its war against insurgents?
Nigeria now spends more than it earns just to service its debt — a crisis that raises serious concerns about the government’s ability to finance public infrastructure, civil service salaries, education and healthcare. It also has dire implications for the protracted war against the Boko …