The potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialisation, economic diversification and development has been highlighted at the start of the UN Economic Commission for Africas (ECA) Conference of Ministers in Addis Ababa (Ethiopia)
Finance
US’s unilateral withdrawal from the Iran Nuclear Deal may heighten tensions in the region: AU Commission
![Moussa Faki Mahamat is the chairperson of the African Union (AU) Commission. (Image source: United Nations Photo/Flickr)](/images/mousa_Faki.jpg)
Moussa Faki Mahamat is the chairperson of the African Union (AU) Commission. (Image source: United Nations Photo/Flickr)
The Chairperson of the African Union (AU) Commission, Moussa Faki Mahamat, has expressed deep concern at the decision of the US government to unilaterally withdraw from the July 2015 Joint Comprehensive Plan of Action (JCPoA) on the Iran nuclear programme and reimpose sanctions on Iran
Moody's expects oil price-related impact on Nigeria's economic recovery to be modest
Moodys in a report said that the impact of Nigerias economic recovery on the back of climbing oil prices would be modest and that it would continue to face fiscal pressure
Increasing agri-business development in Ethiopia with the Agriculture Fast Track Fund
![The grant focus on encouraging women’s participation and empowerment in the agri-value chain. (Image source: CIFOR/Flickr)](/images/AfDB_AGF.jpg)
The grant focus on encouraging women’s participation and empowerment in the agri-value chain. (Image source: CIFOR/Flickr)
The African Development Bank (AfDB) has signed two agreements to finance agri-business development projects through the Agriculture Fast Track Fund
South Africa and Kenya vow to resolve bilateral issues
![The two countries are expected to strengthen trade relations in coming days. (Image source: World Bank Photo Collection/Flickr)](/images/SA_K.jpg)
The two countries are expected to strengthen trade relations in coming days. (Image source: World Bank Photo Collection/Flickr)
South Africa and Kenya have committed to resolving outstanding bilateral issues between the countries in preparation for the upcoming 6th Session of the Joint Trade Committee (JTC) which will be held in Mombasa, Kenya in September 2018