Private Sector Urged to Play Active Role in AfCFTA Implementation
There is need for private sector involvement in all stages of the African Continental Free Trade Area processes to ensure smooth operationalisation, implementation and monitoring if the continent’s historic trade deal is to succeed.
The...
14 African Countries Forced by France to Pay Colonial Tax for The Benefits of...
Did you know many African countries continue to pay colonial tax to France since their independence till today!
When Sékou Touré of Guinea decided in 1958 to get out of french colonial empire, and opted...
Nigeria Has Become Africa’s Money-Losing Machine
Want to lose money in one of Africa’s biggest markets? Put it to work in Nigeria.
Despite sitting on nearly 40 billion barrels of proven oil reserves and over $48 billion worth of investment opportunities...
Investment Opportunities in Africa – Issue 6
AfCFTA Is Officially in Force — Now the Real Work Begins
The founding agreement of the African Continental Free Trade Agreement (AfCFTA) enters into force today. The required number of ratifications has already been deposited...
Nigeria Could Join Africa’s Free Trade Agreement in July, Afreximbank Says
Nigeria is set to enter Africa's free-trade agreement as early as July, Benedict Okey Oramah, president of Africa Export Import Bank, told The Annual Debate Africa Investment conference in London on June 5.
Nigeria, along...
Africa’s Fastest-Growing Region Banks on More Spending for Growth
East African countries plan to increase spending dramatically on infrastructure projects in budgets to be released Thursday. It’s not clear they can afford it.
Kenya, Tanzania, Uganda, Rwanda and Burundi will unveil plans to fund...
Africa’s Technology Hub Rises in A Congested Lagos Neighborhood
The fading facades of century-old buildings in a neighborhood of the Nigerian megacity of Lagos house a vibrant technology cluster that’s caught the eye of Facebook Inc. and Alphabet Inc.’s Google.
The Yaba area, home...
Kenya Indefinitely Closes Border with Somalia, Trade Ban Imposed
Multiple media sources in Kenya are reporting that the government has closed a border with neighbouring Somalia indefinitely with cross border trade banned in the process.
The specific border point is the Lamu County area,...
Nigeria’s Hesitation in Joining the AfCFTA Train: The Real Problems Beneath
With Gambia becoming the 22nd country to ratify the AfCFTA, the AfCFTA entered into force on May 30 2019. However, Nigeria’s continued its abstention from ratifying the AfCFTA. This is significant, considering that Nigeria’s...
Making Globalization Work for Africa
The current backlash against globalization, most notably from working-class citizens in advanced economies who are worried about stagnant wages and insecure jobs, highlights how the benefits of global economic integration were oversold, and its...
