African Continental Free Trade Agreement
The Commissioner for Trade and Industry at the African Union, Albert Muchanga, says the union is ready for the commencement of trade under the African Continental Free Trade Agreement on the first of July this year. While speaking to CNBC Africa’s Godfrey Mutizwa, Muchanga added that the union is almost done with its work on the rules of origin. They discussed this and more on the sidelines of the 33rd African Union Summit.
Stakeholders from the Nigerian private sector and government held a special policy dialogue colloquium to discuss the implementation of the African Continental Free Trade Agreement and ways to take full advantage of the opportunities it presents. Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa’s Esther Awoniyi for more.
Jumoke Oduwole, Secretary of the Presidential Enabling Business Environment Council and Senior Special Assistant to the Vice President on Industry, Trade, and Investment says Nigeria's government is ready to support businesses to deliver on the potential the African Continental Free Trade Agreement (AfCFTA) brings. She links up with CNBC Africa Esther Awoniyi for more.
Moses Kpughur Tule, Director at the Central Bank of Nigeria (CBN) says Nigeria can change the narrative around some certain commodities to take advantage of the African Continental Free Trade Agreement (AfCFTA). He joins CNBC Africa’s Esther Awoniyi for more.
The Director-General of the Nigerian Office for Trade Negotiations (NOTN), Chiedu Osakwe, says President Muhammadu Buhari has approved the move to expeditiously ratify the African Continental Free Trade Agreement (AfCFTA) which may be done in a couple of weeks. To discuss plans in place towards achieving this, he joins CNBC Africa’s Esther Awoniyi for more.
The African Continental Free Trade Agreement is set to enter its final stretch before coming into being. The agreement is expected to accelerate the pace of economic development in Africa - a continent where regional trade remains very low. Nigeria has announced plans to sign the agreement.
Nigeria is finally aboard the African Continental Free Trade Agreement (AfCTA) ship after President Buhari agreed to sign the agreement at the African Union's extraordinary summit in Niamey this weekend. Mansur Ahmed, President of the Manufacturers Association of Nigeria joins CNBC Africa for more.