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Proposed Kenya-USA FTA in contravention of principles of the EAC Customs Union

Sunday, 04 December 2022 06:15

In July 2020, the government of Kenya started negotiations with the United States for the conclusion of a bilateral Free Trade Agreement (FTA). Such negotiations were initiated to ensure to Kenya a more stable access to the US market, due to the imminent expiration of the AGOA (in 2025), a unilateral (non-reciprocal) preferential trade arrangement of which Kenya is beneficiary that allows eligible least developed and developing countries from Sub-Saharan Africa to export duty free and quota free to the US market a series of products corresponding to about 2000 product lines of the Harmonised System.

A glossary and a private sector mapping study to support AfCFTA implementation

Thursday, 01 December 2022 06:11

The AfCFTA Secretariat and the International Trade Centre (ITC), during the Africa Industrialization Week held in Niamey (Niger) from 20-25 November 2022, launched a publication titled “Understanding the African Continental Free Trade Area: a glossary” to facilitate the understanding of the Agreement. The AfCFTA glossary, which is not yet available on-line, has been produced with input from the private sector and explains 100 AfCFTA-related technical terms to help especially small firms to better understand the legal provisions and technical rules of the Agreement. During the same event, ITC and the AfCFTA Secretariat also announced the conclusion of a mapping exercise of the African private sector to understand the challenges faced by small businesses on the Continent by identifying the characteristics, level of competitiveness and constraints of African firms, including the performance and degree of interconnectedness of regional Business Support Organizations (BSOs).

What is needed for the AfCFTA to be successful: a perspective from African CEOs

Tuesday, 29 November 2022 06:47

An article published by the Chairperson of the Pan-African Private Sector Trade & Investment Committee (PAFTRAC) gives a summary of the outcomes of the recently adopted PAFTRAC CEO Trade Survey 2022. The report reveals that in order to take full advantage of the African Continental Free Trade Area (AfCFTA), African companies need that three key conditions are in place:

Drivers of industrial development in Africa: inaugural African Industrialization Index (AII) launched

Saturday, 26 November 2022 06:29

A new report published by the African Development Bank (AfDB) in collaboration with the African Union (AU) and the United Nations Industrial Development Organization (UNIDO) analyses the status and gaps of industrial development in Africa, as a foundation for economic growth and for developing exports and economic diversification.

New ITC report reveals strategic sectors for value creation in Africa

Wednesday, 23 November 2022 05:54

A new report titled “Made by Africa: Creating Value through Integration”, was released by the International Trade Centre (ITC) during the African Union Summit on Industrialization and Economic Diversification in Niamey, held in Niger from 20 to 25 November 2022 at the Africa Industrialization Week. The report, elaborated in close collaboration with the African Union Commission and the European Commission, identifies 94 value chains where African countries have a comparative advantage or high export potential that can spur industrialization. Among them, pharmaceuticals, baby food, cotton clothing and automotives are indicated as the most promising.

News

Proposed Kenya-USA FTA in contravention of principles of the EAC Customs Union

A glossary and a private sector mapping study to support AfCFTA implementation

What is needed for the AfCFTA to be successful: a perspective from African CEOs

Drivers of industrial development in Africa: inaugural African Industrialization Index (AII) launched

New ITC report reveals strategic sectors for value creation in Africa

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