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AfCFTA

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Amidst disruptions to traditional trade routes, unpredictable shipping times and soaring freight tariffs caused by the conflict in the Red Sea region, the opportunities the African Continental Free Trade Area (AfCFTA) agreement creates for the development of intra-Africa trade are becoming apparent, says Standard Bank. The African continent holds markets that connect 1.3 billion people […]

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(AfCFTA) At 2nd Russia-africa Economic & Humanitarian Forum Afreximbank offers a portfolio of solutions to support investments in agriculture, industrial parks and critical infrastructure, in partnership with the Russian Export Centre With the prevalent dependency of African economies on external supply of fertilizers and grains and up to 30% of cereals imported from Russia, ensuring […]

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– Yet Majority Polled Have Yet To Realize Its Potential On the heels of Africa Day and the conclusion of Africa Month (May 2023), the Ichikowitz Foundation’s globally celebrated African Youth Survey reports that nearly half (46%) of the continent’s young people have never heard about the historic, recently-declared African Continental Free Trade Area (AfCFTA), […]

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Curated by Standard Bank’s Head of Global Markets Standard Bank recently gathered central bank governors from across the continent to discuss the key macroeconomic themes faced by African economies. The articles below, curated by Standard Bank’s Guido Haller reflect the key themes discussed by the central bankers at this pivotal convening. With sovereign debt restructuring […]

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By Kingsley Ighobor In February 2023, the Union of Comoros ratified the African Continental Free Trade Area (AfCFTA). Later that month, the country’s President Azali Assoumani took over as Chairperson of the African Union. In this interview with Africa Renewal’s Kingsley Ighobor, the UN Resident Coordinator in Comoros François Batalingaya explains the UN support for the country during the […]

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The African Continental Free Trade Area (AfCFTA) is a key opportunity for Africa to alleviate poverty, drive economic activity and achieve prosperity for her people, says Standard Bank, a key sponsor of this week’s African Continental Free Trade Area (AfCFTA) Business Forum in Cape Town. By eliminating trade barriers and boosting intra-Africa trade, the AfCFTA […]

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The roundtable discussion aims to empower young Africans, recognizing the role the youth play as drivers of the African energy transition. The African Energy Chamber (AEC), in collaboration with the African Continental Free Trade Agreement (AfCFTA) Youth Forum, will host a Youth Energy Roundtable discussion during this year’s edition of African Energy Week (AEW) – […]

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Maximising the potential of the Africa Continental Free Trade Area Agreement (AfCFTA) to raise Africa’s intra-continental trade from its low levels will rest on the ability to match demand for goods with manufacturing capacity on the continent. Shaahien Mottiar, Executive Head: Trade and Working Capital Portfolio Management at Standard Bank, who was a panelist at the recently […]

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This year has welcomed AfCFTA, the pan-African free trade agreement. As of 1st January 2021, AfCFTA has brought in new business standards for 41 countries and 1.2 billion people to increase economic growth across the continent. Alongside that has been an acceleration of digital transformation in the region, heralding a new era of technological advancement. […]

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By Linda Manda, Sector Head of Agribusiness, Corporate and Investment Banking, at Standard Bank The now-operational African Continental Free-trade Area (AfCFTA) provides policymakers with a new opportunity to empower women farmers, promote gender equality, increase productivity and ensure food security across the continent. Following a short delay due to COVID-19, the trading bloc came into effect […]

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