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AfCFTA will harmonize investment rules, create level-playing field, says ECA Director

AfCFTA will harmonize investment rules, create level-playing field, says ECA Director

23 Oct 2020Topic NewsAfrican trade and integration
The African Continental Free Trade Area is going to harmonize investment rules between its member countries and the rest of the world in order to create a level playing field after...
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African Union 2nd Mid-Year Coordination Meeting closes with a resolve to strengthen collaboration in line with the principle of subsidiarity

African Union 2nd Mid-Year Coordination Meeting closes with a resolve to strengthen collaboration in line with the principle of subsidiarity

23 Oct 2020Topic NewsAfrican trade and integration
Meeting ends with resolve to strengthen collaboration between the AU, RECs, RMs, the Member States, and other continental institutions The virtual meeting that took place on 22nd ...
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Continental and Regional Trade Regimes Need Proper Management to Succeed

Continental and Regional Trade Regimes Need Proper Management to Succeed

20 Oct 2020Topic NewsAfrican trade and integration
There is need for proper management of the interface between the continental and the regional free trade regimes to generate a range of win-win outcomes for various stakeholders in...
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Consortium of Global Multilateral Development Banks calls for measures to support trade continuity in Sub-Saharan Africa

Consortium of Global Multilateral Development Banks calls for measures to support trade continuity in Sub-Saharan Africa

09 Oct 2020Topic NewsFinance and development
The Pulse check report issued by a consortium of multilateral development banks and trade research institutions, recounts the views of sub-Saharan banks on multi-lat...
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World Bank confirms economic downturn in sub-Saharan Africa, outlines key polices needed for recovery

World Bank confirms economic downturn in sub-Saharan Africa, outlines key polices needed for recovery

09 Oct 2020Topic NewsFinance and development
As Sub-Saharan African countries continue to face economic uncertainty in the time of COVID-19, the region’s latest macroeconomic analysis says governments can look to policy ref...
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Africa could gain $89 billion annually by curbing illicit financial flows

Africa could gain $89 billion annually by curbing illicit financial flows

29 Sep 2020Topic NewsFinance and development
UNCTAD’s Economic Development in Africa Report 2020 says stopping illicit capital flight could almost cut in half the annual financing gap of $200 billion that the continent face...
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New WTO working group established to deepen trade and gender discussions

New WTO working group established to deepen trade and gender discussions

29 Sep 2020Topic NewsGlobal trade governance
A group of WTO members agreed to establish an Informal Working Group on Trade and Gender on 23 September, marking the next phase of an initiative kickstarted in 2017 to increase th...
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Structured discussions on investment facilitation for development move into negotiating mode

Structured discussions on investment facilitation for development move into negotiating mode

29 Sep 2020Topic NewsGlobal trade governance
Participants in the structured discussions on investment facilitation for development began on 25 September 2020 formal negotiations on a multilateral agreement on this issue, with...
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G20 debt service suspension initiative applications rose to 46 countries to date

G20 debt service suspension initiative applications rose to 46 countries to date

29 Sep 2020Topic NewsFinance and development
G20 IFA WG advances its agenda on Financial Resilience and Supporting the Recovery The G20 International Financial Architecture Working Group (IFA WG) concluded today its Septembe...
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SACU Secretariat hosts 4th Ministerial Retreat

SACU Secretariat hosts 4th Ministerial Retreat

23 Sep 2020Topic NewsAfrican trade and integration
South Africa’s Minister of Finance, Mr Tito Mboweni, chaired the 4th joint Finance and Trade Ministers’ virtual Ministerial Retreat meeting on 21 September 2020. The Ministers ...
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COMESA launches Regional Customs Transit Guarantee Scheme mobile app

COMESA launches Regional Customs Transit Guarantee Scheme mobile app

14 Sep 2020Topic NewsServices
The COMESA Regional Customs Transit Guarantee Scheme (RCTG Carnet) has launched a Mobile Application designed to provide access to real-time information to Clearing and Forwarding ...
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Germany’s Marshall Plan with Africa will promote innovation and harness the potential of Africa’s youth

Germany’s Marshall Plan with Africa will promote innovation and harness the potential of Africa’s youth

09 Sep 2020Topic NewsGlobal trade governanceTechnology and innovation
Germany’s Marshall Plan with Africa marks a new era of cooperation between Europe and Africa that could drive industrial development and deliver huge opportunities for the Africa...
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DDG Wolff: Trade, global cooperation can best deliver adequate medical supplies

DDG Wolff: Trade, global cooperation can best deliver adequate medical supplies

09 Sep 2020Topic NewsGlobal trade governance
International trade and cooperation among WTO members are vital to ensure sufficient supplies of medical devices during the COVID-19 crisis, Deputy Director-General Alan Wolff said...
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Public procurement is a powerful tool for sustainable development – UN report

Public procurement is a powerful tool for sustainable development – UN report

08 Sep 2020Topic NewsFinance and development
Strategic government spending on goods and services can increase the uptake of sustainability standards in the wake of COVID-19, driving our sustainable development ambitions. As ...
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The Role of Digitalization in the Decade of Action for Africa

The Role of Digitalization in the Decade of Action for Africa

08 Sep 2020Topic NewsTechnology and innovation
It is widely recognized that digitalization is one of the most powerful tools for implementing the 2030 Agenda for Sustainable Development and Africa’s Agenda 2063. Digital appl...
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BRICS Foreign Ministers discuss topical international issues

BRICS Foreign Ministers discuss topical international issues

08 Sep 2020Topic NewsGlobal trade governance
On 4 September, Mr Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, chaired a Stand-alone Meeting of BRICS Ministers of Foreign Affairs / International Relatio...
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G20 Foreign Ministers to strengthen international cooperation in response to the COVID-19 pandemic

G20 Foreign Ministers to strengthen international cooperation in response to the COVID-19 pandemic

04 Sep 2020Topic NewsGlobal trade governance
The G20 Foreign Ministers held an extraordinary meeting to discuss enhancing international cooperation to recover from the impacts of COVID-19 pandemic as well as strengthening pre...
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Make COVID recovery ‘a true turning point’ for people and planet, Guterres urges, calling for concerted action by G20

Make COVID recovery ‘a true turning point’ for people and planet, Guterres urges, calling for concerted action by G20

04 Sep 2020Topic NewsTrade and the environment
UN Secretary-General António Guterres has called on governments to incorporate “meaningful” climate action in all aspects of recovery from the global pandemic. Addressing mi...
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SACU Ministers of Trade and Industry hold virtual meeting on the AfCFTA

SACU Ministers of Trade and Industry hold virtual meeting on the AfCFTA

02 Sep 2020Topic NewsAfrican trade and integration
Opening Remarks by Ebrahim Patel, Chairperson of the SACU Ministers of Trade and Industry and Minister of Trade, Industry and Competition, South Africa The objective of this Meeti...
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New support system is key in addressing SA’s export barriers

New support system is key in addressing SA’s export barriers

01 Sep 2020Topic NewsTrade law and regulation
The South African Department of Trade, Industry and Competition (the dtic) has launched the Export Barriers Monitoring Mechanism (EBMM) that will put South Africa in a strong posit...
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