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FG Decries 4% Intra-African Low Trade

FG Decries 4% Intra-African Low Trade The federal government has decried the low level of Trade between Nigeria and other African countries as the African Continent Free Trade Area Agreement nears full implementation. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite stated this yesterday in...

Africa Will Earn Over $70bn From Internal Trading – AfCFTA

Africa Will Earn Over $70bn From Internal Trading – AfCFTA The Africa Continental Free Trade Area has said that internal trading will earn Africa more than $70 billion development assistance. The Chief of Staff of the AfCFTA Secretariat, Silver Ojakol, made the assertion at the 2023...

MAN Tasks Exporters On AfCFTA As Nigeria’s Absence Sparks Reaction

MAN Tasks Exporters On AfCFTA As Nigeria's Absence Sparks Reaction   The Manufacturers Association of Nigeria Export Promotion Group (MANEG), a subgroup of the Manufacturers Association of Nigeria (MAN), has urged exporters in the country to fully participate in the African Continental Free Trade Agreement (AfCFTA)...

Nigeria’s Intra-African Trade Drops by 12% to N842.6bn in Q1

Nigeria’s Intra-African Trade Drops by 12% to N842.6bn in Q1   Nigeria’s intra-African trade has continued to underperform expectations despite the commencement of the African Continental Free Trade Area (AfCFTA) as the trade value fell Year-on-Year (YoY) to N842.6 billion in the first quarter of 2023...

AfCFTA : Afreximbank Pledges $40 billion to Support Intra-African Trade

AfCFTA : Afreximbank Pledges $40 billion to Support Intra-African Trade The President and Chairman of the Board of Directors, Afreximbank, Prof Benedict Oramah, has welcomed the need for deliberate action to remedy the continued reliance of Africa on external trade partners, noting that the African...

AfCFTA: Buhari Decries Low-level Trade Among African Countries 

AfCFTA: Buhari Decries Low-level Trade Among African Countries  President Muhammadu Buhari has said the African Continental Free Trade Area (AfCFTA) will succeed if African governments demonstrate a higher level of commitment to tackle the slow pace of physical integration, political cooperation and tariff barriers that...