3 d. ago Africa loses $5bn annually to currency conversion —AfCFTA secretariat

Africa forfeits an estimated $5 billion every year due to currency conversion bottlenecks that continue to undermine intra-continental trade, the African Continental Free Trade Area (AfCFTA)secretariat has warned. Speaking at the PAPSS COWRY Conference on Worldwide and Regional Payments in Lagos, AfCFTA Secretary-General, Wamkele Mene, said Africa’s fragmented currency landscape—comprising 42 national currencies—remains a major […]

Politics

5 d. ago Nigeria Positioned To Lead Africa’s Digital Trade Future — Afreximbank

Nigeria is strategically positioned to lead Africa’s emerging digital trade revolution, the Chief Economist of Afreximbank, Dr. Yemi Kale, has said. Speaking at the inauguration of the Africa Trade Center (ATC) in Abuja, he described Nigeria as a natural frontrunner in the continent’s transition toward technology-driven commerce under the African Continental Free Trade Area (AfCFTA). […]

Politics

2 w. ago Nigeria Leads African Continental Free Trade Takeoff, Eyes $3.4trn Market

Nigeria has intensified its efforts to expedite the commencement of the African Continental Free Trade Area (AfCFTA) to capitalise on the continent’s $3.4 trillion market opportunity. Nigeria has reaffirmed its leading role in driving the full take-off of the project, at the inaugural AfCFTA Public–Private–Press (P3) Summit in Abuja, on Monday, Speaking at the event, […]

Politics

3 w. ago Continental Free Trade Area: Nigeria Rolls Out Preferential Tariffs

The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has disclosed that Nigeria has begun implementing preferential tariffs for African-made goods and opened a dedicated air cargo export corridor to East Africa as part of its efforts to accelerate its commitments under the African Continental Free Trade Area (AfCFTA). Speaking at the Customs PACT […]

Politics

3 w. ago AfCFTA: Nigeria Rolls Out Preferential Tariffs, Opens East Africa Air Cargo Corridor

Minister of Industry, Trade and Investment, Jumoke Oduwole, has disclosed that Nigeria has begun implementing preferential tariffs for African-made goods and opened a dedicated air cargo export corridor to East Africa as part of efforts to accelerate its commitments under the African Continental Free Trade Area (AfCFTA). Speaking at the Customs PACT Roundtable at the […]

Transport

3 w. ago ‘Africa Can’t Build AfCFTA On Weak Border Systems’, Says Customs Boss Adeniyi

Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has stated that Africa’s ambition to unlock a single continental market under the African Continental Free Trade Area (AfCFTA) will remain unattainable unless governments urgently strengthen border management systems and integrate trade infrastructure across the region. Speaking at the launch of the Customs Partnership for […]

Politics

3 w. ago Nigeria Might Finally Be Ready For The African Market – And It Shows

Something shifted last Friday and I caught myself nodding instead of sighing for once. The Nigeria Custom Service, Comptroller General ,Adewale Adeniyi, stood at the State House briefing and announced that Nigeria is preparing to suspend duties on eligible African goods under the African Continental Free Trade Agreement (AfCFTA). And the confidence in his tone […]

Politics

3 w. ago African Continental Free Trade Agreement: Nigeria Plans Duties Suspension On Goods — Customs CG

Comptroller-general of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, on Friday said Nigeria is preparing to suspend customs duties on eligible goods traded within the continent as part of its commitment to fully implementing the African Continental Free Trade Agreement (AfCFTA). Speaking at the State House Meet the Press briefing in Abuja, Adeniyi said […]

Politics

3 w. ago AfCFTA: Nigeria Set To Suspend Duties On African Goods — Customs CG

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, on Friday, said Nigeria was preparing to suspend customs duties on eligible goods traded within the continent as part of its commitment to fully implementing the African Continental Free Trade Agreement (AfCFTA). Speaking at the State House ‘Meet the Press’ briefing in Abuja, Adeniyi […]

Politics

4 w. ago Africa Trade Engine launches to ignite African industrialsation, intra

The Africa Trade Engine (ATE), a powerful new joint venture between TRT Manufacturing and TradeDepot, has officially launched, with the read more Africa Trade Engine launches to ignite African industrialsation, intra-continental trade

Politics