Tag: free

AAAM and Afreximbank sign an MoU to drive Automotive Investment in Africa

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. Prof. Benedict Oramah, President of Afreximbank and Mike Whitfield, President of AAAM and Managing Director of Nissan Africa, signed the MoU in early February, formalizing the basis for a partnership aimed at boosting regional automotive value chains and financing for the automotive industry while supporting the development of […]

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African Continental Free Trade Area – AfCFTA Facts

Signatories: 54 out of 55 African Union Member StatesRatifications: 31 African Union Member States AfCFTA negotiations launched: 15 June 2015, Johannesburg AfCFTA Treaty signature: 21 March 2018, Kigali Formal entry into force: 30 May 2019 Operationalisation phase launched: 7 July 2019, Niamey Trading under the AfCFTA expected to commence on: 1 Jul 2020 Negotiations coordinated by: African Union Commission, Department of Trade and Industry Geo coverage: Africa Union and its Member States. The AfCFTA complements existing regional trade agreements in […]

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