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Tag Archives: African Continental Free Trade Area

FG urges states to leverage AfCFTA for growth

The Federal Government has urged states to harness opportunities under the African Continental Free Trade Area (AfCFTA) to accelerate industrialisation, boost exports, attract investment and create jobs across the country. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, made the call during a Working Visit and Strategic Engagement …

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AfCFTA lauds Progress in Continental Economic Integration

THE Secretary-General of African Continental Free Trade Area (AfCFTA) Secretariat, Mr Wamkele Mene, has praised the progress made towards realising the vision of Africa’s founding fathers for economic integration. Mene, who spoke at the 32nd Afreximbank Annual Meetings(AAM2025) in Abuja,  emphasised the crucial role of economic integration in shaping the …

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Ghana Unveils Volta Lake to Fuel 24-hour Economy

GHANA has launched the Volta Lake Economic Corridor as a centrepiece of its ambitious 24-hour economy agenda, aiming to supercharge productivity, logistics, and industrial development through one of West Africa’s most underutilised natural assets. President John Mahama announced the corridor during a national address in Accra on Wednesday, presenting it …

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Nigeria Waives Tariffs On 90% of Goods

Nigeria has officially endorsed a major trade policy shift by signing the ECOWAS schedule of tariff offers, committing to eliminate duties on 90 percent of goods traded within Africa. The agreement falls under the African Continental Free Trade Area (AfCFTA) and aims to open up vast new opportunities for Nigerian exporters. The Minister …

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U.S. Reaffirms Support For Young African Leaders

U.S. Ambassador to Nigeria, Richard Mills, says his country is perpetually committed to supporting young African leaders due to the crucial role that they play in shaping their  continent’s future. Mills made this known at a Pan-African Legacy Conference organised by the The Mandela Washington Fellowship for Young African Leaders (MWFAAN) …

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Africa’s Free Trade Area Gains Momentum Despite Challenges

THE African Continental Free Trade Area (AfCFTA), the world’s largest free trade agreement by country participation, is beginning to take shape despite the initial hurdles of integrating 54 nations. The AfCFTA spans a market of 1.3 billion people and represents a combined GDP of $3.4 trillion, offering enormous potential for …

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