For Decades, Africa Traded For a long time, Nigeria and Africa have occupied the margins of global trade. The continent has supplied raw materials to the world but has played only a limited role in deciding how global trade is structured, financed, and governed. Africa trades more with the rest of the world than with…
South Africa said on Friday that trade minister Parks Tau has signed a framework economic partnership agreement on a visit to China, which it described as a step towards securing duty-free access to the Chinese market for South African exports. Africa’s biggest economy is seeking to boost exports amid a tariff row with the US,…
South Africa has become a full member of the African Export-Import Bank (Afreximbank), the continent’s largest trade institution, and has qualified for an initial $8 billion financing package that will help boost the mining, automaking and manufacturing sectors. Speaking at the signing ceremony in Johannesburg, President Cyril Ramaphosa welcomed the agreement which he said “will…
President Mulino responds to China, insists his country upholds the rule of law and and has an independent court system. Published On 5 Feb 20265 Feb 2026 Click here to share on social media share2 Share Panama’s President Jose Raul Mulino has rejected China’s threat to make the Central American country pay a “heavy price”…
Nairobi — President Donald Trump has signed into law legislation reauthorizing the African Growth and Opportunity Act (AGOA), extending the trade preference programme through December 31, 2026, with retroactive effect to September 30, 2025. The move restores certainty for eligible sub-Saharan African countries and US importers after the programme lapsed at the end of September…
First enacted in 2000, the African Growth and Opportunity Act (AGOA) allows qualifying sub-Saharan African countries to export over 1,800 products to the US duty-free. Export countries include Nigeria and South Africa. US President Donald Trump has signed into law a one-year extension of a trade preference program with African countries restoring duty-free access to the…
Modi’s government presents annual budget, focusing on sustaining growth despite volatile financial markets and trade uncertainty. Published On 1 Feb 20261 Feb 2026 Click here to share on social media share2 Share Indian Prime Minister Narendra Modi’s government has unveiled its annual budget, aiming for steady growth in an uncertain global economy rocked by recent…
Nairobi — The United States and the African Union (AU) have launched a Strategic Infrastructure and Investment Working Group (SIWG) aimed at accelerating US-Africa economic partnerships. The pact seeks to create jobs, boost prosperity, and strengthen economic security on both sides of the Atlantic. US Deputy Secretary of State Christopher Landau and African Union Commission…
Access Bank Plc has announced plans to host the second edition of the Africa Trade Conference (ATC 2026), a high-level strategic convening designed to accelerate Africa’s role in shaping the future of global trade. The bank in a statement noted that its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference will…
Mark Carney, Canada’s prime minister, after speaking in Quebec City, Quebec, Canada, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa. Speaking to reporters…
