News

From Senegal a study on products with the highest potential for AfCFTA trade

Monday, 12 June 2023 16:04

A study just published by the Ministry of Economy of Senegal tries to identify the products having the highest potential for being exported to other African countries within the context of the African Continental Free Trade Area (AfCFTA), based on the Senegal's comparative advantages in the manufacture of such goods and the countries where they are in higher demand in Africa. The study also analyses the main destinations of Senegalese products, and the regulatory and promotional policies that can be implemented by the government to increase their penetration into other African markets.

Plans for the establishment of a Management Authority for the Ethio-Djibouti corridor seem to become more concrete

Friday, 09 June 2023 14:26

An Ethiopian delegation led by the Ethiopian Maritime Authority held on 8 June 2023 a meeting with the Djibouti Ports & Free Zones Authority to advance plans for the establishment of the Ethio-Djibouti Corridor Management Authority along the road that connects Addis Ababa to Djibouti via the border post of Galafi. On 22 November 2021, the Ministers of Transport of Ethiopia and Djibouti signed an agreement for establishing a Corridor Management Authority (CMA) to oversee and coordinate operations and identify bottlenecks along the Ethio-Djibouti corridor.

Status of negotiations for the conclusion of an interim EPA between Kenya and the EU

Thursday, 08 June 2023 06:26

The World Trade Organization (WTO)-recently concluded fifteenth trade policy review of the European Union (EU) gives an update on the status of negotiations between Kenya and the EU of an interim Economic Partnership Agreement (EPA). EPAs are reciprocal free trade agreements where each Party (the EU and its member States on one side, and the EPA partner country or countries on the other), offers duty-free access to its respective market in an asymmetrical way (i.e., in a different measure, which is 100% for the EU and lower for the other contracting party – usually about 80% or more).

New report reimagines the economic growth path that Africa will follow in future

Monday, 05 June 2023 07:36

A new report has been published today by McKinsey, titled “Reimagining economic growth in Africa: Turning diversity into opportunity”. As suggested by the title, it tries to imagine the economic growth path that Africa will follow in the next years based on the strengths and assets that the Continent has, compared with other regions in the world. Two findings in the report seem particularly interesting.

African Ministers exclude trade of second-hand clothes under the AfCFTA preferential rules

Sunday, 04 June 2023 09:04

On June 1, 2023 during the second Ministerial Retreat of the AfCFTA Council of Ministers, held in Nairobi, Kenya, a decision was adopted that prevents second-hand clothes from being traded across the continent under the preferences of the African Continental Free Trade Area (AfCFTA). The purpose of this measure is to exclude second-hand clothes from preferential trade under the AfCFTA rules (i.e., in exemption of customs duties), so to encourage value-addition and industrialisation in Africa.

News

From Senegal a study on products with the highest potential for AfCFTA trade

Plans for the establishment of a Management Authority for the Ethio-Djibouti corridor seem to become more concrete

Status of negotiations for the conclusion of an interim EPA between Kenya and the EU

New report reimagines the economic growth path that Africa will follow in future

African Ministers exclude trade of second-hand clothes under the AfCFTA preferential rules

More Articles...

Main Menu