News by topic
WTO report finds growing number of export restrictions in response to COVID-19 crisis
23 Apr 2020Topic NewsTrade law and regulationEighty countries and customs territories so far have introduced export prohibitions or restrictions as a result of the COVID-19 pandemic, according to a new report by the WTO Secre...
read moreWorld Bank predicts sharpest decline of remittances in recent history
23 Apr 2020Topic NewsFinance and developmentGlobal remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown.
The projected fall, which...
read moreNewly sworn-in AfCFTA Secretary General, Wamkele Mene, undertakes to serve Africa with resolute determination
19 Apr 2020Topic NewsAfrican trade and integrationSince the launch of the negotiations in Johannesburg in 2015, remarkable progress has been achieved largely because of the political will and commitment of the Assembly of Heads of...
read moreAUC, Afreximbank, Afrochampions and UNECA Joint Communiqué on the Need for A Holistic and Coordinated Trade and Investment Response to the COVID-19 Pandemic
18 Apr 2020Topic NewsTrade law and regulationThe 2020 COVID-19 pandemic is a global crisis that is both unprecedented and with many ramifications. The Pandemic poses significant health and social risks to the entire globe. In...
read moreCOVID-19: FAO and African Union commit to safeguarding food security amid crisis
17 Apr 2020Topic NewsAgriculture and commoditiesRegional body and UN agency join forces to minimize lockdown’s impact on continent where one in five goes hungry
The Food and Agriculture Organization of the United Nations (FAO...
read moreCOVID-19: The global food supply chain is holding up, for now
08 Apr 2020Topic NewsAgriculture and commoditiesThe unfolding COVID-19 pandemic is so far having little impact on the global food supply chain, but that could change for the worse – and soon – if anxiety-driven panic by majo...
read moreSADC adopts regional Guidelines for harmonising and facilitating movement of critical goods and services across the region during the COVID-19
08 Apr 2020Topic NewsServicesThe Council of Ministers of the Southern African Development Community (SADC) held their emergency virtual meeting on 6th April, 2020 where, among others, the Ministers adopte...
read moreTrade set to plunge as COVID-19 pandemic upends global economy
08 Apr 2020Topic NewsTrade data analysis and visualisationWorld 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...
read moreThe Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat swears-in
19 Mar 2020Topic NewsAfrican trade and integrationThe 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...
read more2019 African Regional Integration Report: Voices of the RECs
03 Mar 2020Topic NewsAfrican trade and integrationTowards 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...
read moreBotswana deposits Tripartite FTA Ratification instruments
05 Feb 2020Topic NewsAfrican trade and integrationBotswana 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...
read moreOnline tool to remove trade barriers in Africa goes live
21 Jan 2020Topic NewsTrade law and regulationAn 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 ...
read moreGlobal Growth: Modest pickup to 2.5% in 2020 amid mounting debt and slowing productivity growth
20 Jan 2020Topic NewsTrade data analysis and visualisationGlobal 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...
read more2019 Africa Visa Openness Index: AUC, AfDB report shows wins in visa restrictions across Africa
11 Nov 2019Topic NewsServicesFor 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...
read moreJoint 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 integrationDeputy 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...
read moreOperational phase of the African Continental Free Trade Area launched at Niger Summit of the African Union
08 Jul 2019Topic NewsAfrican trade and integrationThe 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...
read moreAfrica’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 visualisationAfrica’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) ...
read moreCOMESA Industrial Strategy cleared for implementation
21 Jun 2019Topic NewsAfrican trade and integrationTrade law and regulationThe 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...
read moreForeign direct investment to Africa defies global slump, rises 11% – UN Report
13 Jun 2019Topic NewsTrade data analysis and visualisationContinent-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...
read moreCommodity-dependent countries urged to diversify exports
16 Apr 2019Topic NewsAgriculture and commoditiesExperts 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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