May 16, 2018//-Kenya will not sign a free trade agreement that China has been negotiating with the East African Community (EAC) partner States since 2016, Trade principal secretary Chris Kiptoo has said.
Category: Investing
South Africa Promotes Local Agro-processing Products, Services in China
Pretoria, South Africa, May 15, 2018/ — South Africa’s Department of Trade and Industry (the dti) will lead a delegation of twenty-three local companies from the agro-processing sector to Shanghai, China to promote local products and services at the annual SIAL China International Trade Fair for Food that takes place from 16-18 May 2018.
African Finance Ministers Reaffirm Commitment to Continental Free Trade Zone
Addis Ababa, Ethiopia, May 15, 2018//- Finance ministers and policy makers from across the continent have reaffirmed their commitment to the African Consolidated Free Trade Area (AfCFTA) at the close of a high-level meeting widely praised for discussing ‘real’ issues affecting the continent.
Anxiety Intensifies Over Rising Wheat Imports to East Africa
May 15, 2018//-Kenya and Tanzania have stepped up wheat importation to meet a growing demand amid declining production in the region, despite a stringent common external tariff of 35 per cent.
South Africa Needs to Box Clever in its David versus Goliath Duel with Trump
May 14, 2018//-Recent actions by US President Donald Trump’s administration are severely straining relations with South Africa’s new government led by President Cyril Ramaphosa. And relations between the two governments are likely to worsen.
Africa’s New Debt Binge: What are the Risks?
May 14, 2018//-Five African countries are currently experiencing problems in servicing their debts, according to the IMF.
Entrepreneurs Club Ghana Participates in China Trade Week
May 13, 2018//-The China trade week which took place at the Kempinsky Hotel, Accra from the 7th to the 9th of May 2018 was well attended by many people from the business community.
Incorporating SMEs Into Value Chain Can Boost Ghana’s Dev’t
Accra, May 13, 2018//-Small and Medium Enterprises (SMEs) contribute significantly to income and job creation in Ghana. They contribute about 80% of the larger industrial sector and employed about 70% of the country’s labour force, are still the fulcrum of the Ghanaian economy.
Ghana is Optimistic of Continental Free Trade Area Agreement
May 12, 2018//-Ghana’s President Nana Addo Dankwa Akufo-Addo is optimistic that the ratification of the Continental Free Trade Area agreement by the Ghanaian Parliament means that the era of low volumes of intra-continental trade that have defined the activities of the African economies will come to an end.
Delay in Budget Passage Will Impact Nigeria’s Economy
Abuja, May 12, 2018//-Nigeria’s Minister of Finance, Mrs. Kemi Adeosun has warned that the delay in passage of the 2018 budget would have some impact on the nation and cause some adjustments in implementation.