Category: AFCFTA

The Automotive opportunities presented by the African Continental Free Trade Area (AfCFTA)

On 17 June, the African Association of Automotive Manufacturers (AAAM) and the African Continental Free Trade Area (AfCFTA) Secretariat are hosting a webinar to explore how the AfCFTA is helping to shape the automotive policies for Africa which, in turn, drives industrialisation. Also to be discussed during the free virtual event is why the Rules of Origin are key in driving investment and confidence in Africa. “We believe that all automotive industry role players, including policy advisors, business leaders and […]

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African Energy Chamber’s – Energy Transition Committee Advocates for a Unique Energy Mix for African Countries

The Committee’s discussion unpacked the complex intertwined issues around energy production, access to energy, energy poverty and global equity The African Energy Chamber’s (www.EnergyChamber.org) Energy Transition Committee held its first meeting of the year, to discuss the pressing issues surrounding the global trend towards energy transition, from the viewpoint of African countries. The energy transition phenomenon has gained significant traction as a direct result of the coronavirus shutting down economies and growing concerns for the devastating effects of climate change. […]

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UNCTAD Secretary-Genral Kituyi wins award for promoting intra-African trade

UNCTAD Secretary-General Mukhisa Kituyi today won an award for his tremendous contribution to the conceptualization, development and launch of the African Continental Free Trade Area (AfCFTA), under which trading commenced on 1 January. The AfCFTA created the world’s largest free trade area, a $3.4 trillion market that will ease trade across borders for the continent’s 1.3 billion people. It will also promote industrialization, create jobs and improve the competitiveness of African industries on the global stage. Dr. Kituyi was recognized […]

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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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