Addis Abeba — The Ministry of Trade and Regional Integration has announced that Ethiopia will commence duty-free exports to member states of the African Continental Free Trade Area (AfCFTA) on Thursday, 9 October 2025. The move marks the country’s first official export operation under the AfCFTA framework. Speaking at a press briefing in Addis Abeba…
The African Continental Free Trade Area (AfCFTA), which came into force on 1 January 2021 with 54 member states, is the world’s largest free trade area by number of countries. It aims to eliminate tariffs and other barriers to spur trade, industrialisation and value addition beyond raw materials. The agreement unites some 1.3 billion people…
The fourth Intra-African Trade Fair (IATF 2025) opened yesterday in Algiers, Algeria, with a strong focus on accelerating the continent’s economic transformation through the African Continental Free Trade Area (AfCFTA). Held under the theme :”Building Bridges for a Successful AfCFTA,” the weeklong event brings together over 1,600 exhibitors, 35,000 participants, and 75 country delegations. Organizers…
Africa’s continental free trade area offers long-term promise, but expecting it to quickly compensate for US trade losses may be unrealistic. There’s a lot of hype right now about how intra-African trade through the African Continental Free Trade Area (AfCFTA) could replace the considerable loss of African exports to the United States (US) precipitated by…
The continental flagship project under the African Union’s Agenda 2063, the African Continental Free Trade Area (AfCFTA), is envisioned to transform Africa into a global economic powerhouse through integration. With 54 signatories and 47 ratifications, the AfCFTA is now the world’s largest free trade agreement, promising to connect a market of 1.4 billion people. With…
– Hosts 3rd Africa trade , investment summit – Ethiopia views the African Continental Free Trade Area (AfCFTA) as a strategic engine for investment, job creation, value chain development, and regional economic resilience, according to the Ministry of Trade and Regional Integration (MoTRI). This view was reinforced during the 3rd Africa Trade and Investment Summit…
Addis Ababa — President of African Export-Import Bank (Afreximbank), Professor Benedict Oramah addressed the implications of shifting global trade policies, including the reintroduction of reciprocal tariffs by the U.S., noting that such developments further validate the urgency of fast-tracking the African Continental Free Trade Area (AfCFTA). In a powerful exchange moderated by Michael Rheinegger of…
