The African Continental Free Trade Area (AfCFTA), according to Economic Commission for Africa (ECA), has the potential to boost intra-African trade by more than 52 per cent through the elimination of import duties alone
Economy
‘AfCFTA to spur Africa’s industrialisation and economic development’
Countries can use the African Continental Free Trade Area (AfCFTA) tool to create opportunities for African businesses and through them drive the continent’s industrialisation, economic diversification and development, said David Luke, coordinator of the Africa Trade Policy Centre (ATPC) at the Economic Commission for Africa (ECA)
ECA: Blue economy can be engine of Africa’s economic growth
The Economic Commission for Africa (ECA) is supporting the African Union, Regional Economic Communities (RECs) and member States to ensure that the potentials of the continent’s blue economy are fully realised, according to ECA’s Southern Africa director Said Adejumobi
AfDB and MCB launch African Domestic Bond Fund
The African Development Bank (AfDB) and Mauritius Commercial Bank Group (MCB) have launched the African Domestic Bond Fund (ADBF) ahead of its listing on the Stock Exchange of Mauritius Ltd on 18 September 2018
ITFC signs two financing agreements to support Egypt’s main sectors
The International Islamic Trade Finance Corporation (ITFC) has signed two new agreements with the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply Commodities (GASC) initiating the utilisation of the fifth framework agreement