To integrate Africa, bring down trade walls, AfDB President Adesina urges African leaders

MALABO African Development Bank President Akinwumi Adesina on Wednesday said the continent remains weak as long as it remains apart and divided. This is as African leaders underscored the urgent need to fast-track the continent’s regional integration to accelerate economic transformation in the continent. They spoke at the opening ceremony of the Bank’s 2019 Annual Meetings, in Malabo, Equatorial Guinea, under the theme, “Regional Integration for Africa’s Economic Prosperity.” Apart and divided, Africa is weakened. Together and united, Africa will be unstoppable,” Adesina told delegates at the Sipopo Conference Centre.…

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AfCFTA is now officially a binding agreement

It is now official. The African Continental Free Trade Area (AfCFTA) agreement entered into force on May 30. This is after the required number of ratifications were deposited and this means the deal is now a binding international legal instrument. Africa Union Commissioner for Trade and Industry tweeted, ‘Historic milestone! #AfCFTA Agreement has today come into force. We celebrate the triumph of bold, pragmatic & continent-wide commitment 2 economic integration. We launch market on 7 July, 2019 & begin the journey of transformation 2 secure inclusive prosperity. Ambassador Albert Muchanga,…

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Kenya presents bid to host AfCTA Secretariat

Foreign Affairs CS Monica Juma on Thursday met the Technical Evaluation Team of the African Union and presented Kenya’s bid to host the Secretariat of the African Continental Free Trade Area. She was accompanied by CBK Governor Patrick Njoroge and Foreign Affairs PS Ambassador Macharia Kamau, while the AU team was led Ambassador Rosette Nyirinkindi Katungye.   Foreign Affairs PS Amb. Macharia Kamau, Political Secretary Tom Amollo, CS Monica Juma and CBK Governor Patric Njoroge at Intercontinental Hotel on Thursday / COURTESY/ MFA The permanent office is expected to start…

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