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Trade set to plunge as COVID-19 pandemic upends global economy

Trade set to plunge as COVID-19 pandemic upends global economy

08 Apr 2020Topic NewsTrade data analysis and visualisation
World trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world. The wide range of possibilitie...
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The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat swears-in

The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat swears-in

19 Mar 2020Topic NewsAfrican trade and integration
The newly elected Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, H.E. Wamkele Mene swore in today as the first ever Secretary General (SG). The...
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2019 African Regional Integration Report: Voices of the RECs

2019 African Regional Integration Report: Voices of the RECs

03 Mar 2020Topic NewsAfrican trade and integration
Towards an integrated and prosperous and peaceful Africa This report first presents the historical context of the African integration process and the progress of African leaders t...
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Botswana deposits Tripartite FTA Ratification instruments

Botswana deposits Tripartite FTA Ratification instruments

05 Feb 2020Topic NewsAfrican trade and integration
Botswana has deposited the instruments of Ratification for the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA Agreement) bringing the number of countries that have done so to eig...
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Online tool to remove trade barriers in Africa goes live

Online tool to remove trade barriers in Africa goes live

21 Jan 2020Topic NewsTrade law and regulation
An online platform developed by UNCTAD and the African Union to help remove non-tariff barriers to trade in Africa became operational on 13 January. Traders and businesses moving ...
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Global Growth: Modest pickup to 2.5% in 2020 amid mounting debt and slowing productivity growth

Global Growth: Modest pickup to 2.5% in 2020 amid mounting debt and slowing productivity growth

20 Jan 2020Topic NewsTrade data analysis and visualisation
Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the Worl...
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2019 Africa Visa Openness Index: AUC, AfDB report shows wins in visa restrictions across Africa

2019 Africa Visa Openness Index: AUC, AfDB report shows wins in visa restrictions across Africa

11 Nov 2019Topic NewsServices
For the first time, African travellers have liberal access to over half the continent, the 2019 Africa Visa Openness Index published by the African Union Commission and Africa...
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Joint Statement between the United States of America and the African Union concerning the development of the African Continental Free Trade Area

Joint Statement between the United States of America and the African Union concerning the development of the African Continental Free Trade Area

07 Aug 2019Topic NewsAfrican trade and integration
Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga on 5 August 2019 signed a joint statement co...
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Operational phase of the African Continental Free Trade Area launched at Niger Summit of the African Union

Operational phase of the African Continental Free Trade Area launched at Niger Summit of the African Union

08 Jul 2019Topic NewsAfrican trade and integration
The operational phase of the African Continental Free Trade Area (AfCFTA) has been launched, after a day-long summit of Heads of State and Government of the African Union (AU) in t...
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Africa’s output grew by 3.4% in 2018, Afreximbank’s African Trade Report 2019 shows

Africa’s output grew by 3.4% in 2018, Afreximbank’s African Trade Report 2019 shows

01 Jul 2019Topic NewsAfrican trade and integrationTrade data analysis and visualisation
Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, a new report by the African Export-Import Bank (Afreximbank) ...
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COMESA Industrial Strategy cleared for implementation

COMESA Industrial Strategy cleared for implementation

21 Jun 2019Topic NewsAfrican trade and integrationTrade law and regulation
The implementation of the COMESA Industrial Strategy has officially begun following the approval of an Action Plan and Regional Guidelines on Local Content Policy. Ministers respo...
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Foreign direct investment to Africa defies global slump, rises 11% – UN Report

Foreign direct investment to Africa defies global slump, rises 11% – UN Report

13 Jun 2019Topic NewsTrade data analysis and visualisation
Continent-wide trade agreement bodes well for future investment in Africa and burgeoning SEZs further buttress prospects. Africa escaped the global decline in foreign direct inves...
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Commodity-dependent countries urged to diversify exports

Commodity-dependent countries urged to diversify exports

16 Apr 2019Topic NewsAgriculture and commodities
Experts discuss recent trends in global commodity markets and explore how commodity-dependent developing countries could achieve inclusive growth. Developing countries that depend...
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Africa’s Pulse: Growth in Sub-Saharan Africa remains below three percent three years after crisis

Africa’s Pulse: Growth in Sub-Saharan Africa remains below three percent three years after crisis

09 Apr 2019Topic NewsFinance and development
Digital revolution can unlock inclusive growth and job creation across Africa Growth in Sub-Saharan Africa has been downgraded to 2.3 percent for 2018, down from 2.5 percent in 20...
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Kenya Economic Update: Transforming agricultural productivity to achieve food security for all

Kenya Economic Update: Transforming agricultural productivity to achieve food security for all

09 Apr 2019Topic NewsAgriculture and commodities
Kenya’s economic outlook remains stable amid threats of drought in 2019 Kenya’s real gross domestic product is projected to grow by 5.7% in 2019, a slight decrease from the es...
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Africa-Europe Alliance: European Commission committed to a sustainable African agri-food sector

Africa-Europe Alliance: European Commission committed to a sustainable African agri-food sector

07 Mar 2019Topic NewsAgriculture and commodities
The Task Force for Rural Africa delivered today its final report, an agri-food and rural agenda for the new ‘Africa-Europe Alliance for Sustainable Investment and Jobs’ unveile...
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DHL Global Connectedness Index: Globalization hits new record high

DHL Global Connectedness Index: Globalization hits new record high

15 Feb 2019Topic NewsServices
International flows of trade, capital, information and people all intensified significantly for the first time since 2007 DHL has released the fifth edition of the DHL Global Conn...
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Hunger on the rise in Africa, new UN report reveals

Hunger on the rise in Africa, new UN report reveals

13 Feb 2019Topic NewsAgriculture and commodities
A new joint United Nations report reveals that hunger is on the rise in Africa following years of decline due to a number of reasons, including difficult global economic conditions...
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International push to improve food safety

International push to improve food safety

12 Feb 2019Topic NewsAgriculture and commodities
International Food Safety Conference opens with call for greater global cooperation Greater international cooperation is needed to prevent unsafe food from causing ill health and ...
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Signs suggest global economic growth spurt has peaked but will remain steady at 3 percent in 2019-2020

Signs suggest global economic growth spurt has peaked but will remain steady at 3 percent in 2019-2020

22 Jan 2019Topic NewsTrade data analysis and visualisation
Economic prospects threatened by weakened support for multilateralism, tightening of financial conditions and heightened trade tensions The global economy will continue to grow at...
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