Tag
INTRA-AFRICAN TRADE
The shifting global economic landscape, driven by tariffs imposed by the United States and a push toward regional trade integration, is strengthening Africa’s cross-border payments ecosystem and fueling renewed interest in the African Continental Free Trade Area (AfCFTA).
Nearly half of African currencies have shown signs of depreciation despite steady development across the continent, according to...
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has predicted that intra-African trade—which the bank's 2025 report estimates at $220.3 billion for 2024—is expected to double within a decade as the “Free Trade Agreement” is fully implemented by African countries.
Nigeria Vice President Kashim Shettima has said the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol aims to increase intra-African trade from 18 percent in 2022 to 50 percent by 2030.
Olumide Olatunji says the continent must address the challenges that hinder its growth, to realize the potential of intra-African trade.