Tag: Africa Continental Free Trade Agreement
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Nigeria’s border closure doesn’t contravene AfCFTA – Ofosu-Dorte
As African Countries prepare for the implementation of the Continental Free Trade Agreement in July this year, Senior Partner of A.B and David Pan African law firm, David Ofosu-Dorte, says Nigeria’s continuous closure of its border with Benin will not derail the purpose of the pact. Nigeria, which is West Africa’s biggest economy, closed its…
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AfCFTA secretariat will be operational by March 31 – Akufo-Addo assures AU
President Nana Addo Dankwa Akufo-Addo, has assured the Assembly of Heads of State and Governments of the African Union that the Secretariat of the African Continental Free Trade Area (AfCFTA) will be operational by 31st March, 2020. The Agreement is aimed at improving intra- African trade to among other things, create a single market, deepen…
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EIU predicts AfCFTA implementation will be postponed
The Economist Intelligence Unit (EIU) is predicting that the African countries signed up to the landmark continental free trade agreement will be forced to push forward the July 1st, 2020, commencement date of trading. The business intelligence and advisory firm said despite more than a year’s grace period, the 27 countries including Ghana, which have…