Latest News for: African trade report


Ancient DNA study sheds light on lost history of American slavery

Xinhua 30 Mar 2023
Researchers said a few of the enslaved people could be among the estimated 175,000 Africans brought through the port of Charleston, which was a hub for the trans-Atlantic slave trade ... According to an earlier report by the BBC, more than 12.5 million Africans were traded between 1515 and the mid-19th century.

Businesses’ optimism significantly less than 6-mths ago – Standard Bank

B & FT Online 27 Mar 2023
The Africa Trade Barometer report is aimed at providing a source of reliable data and insights on African markets and economies for businesses and entrepreneurs as well as businesspeople, students, governments, NGOs, and investors considering the continent ... of intra-Africa trade.

Editorial: Business confidence remains significantly low

B & FT Online 27 Mar 2023
... of the report reads ... The Africa Trade Barometer report is aimed at providing a source of reliable data and insights on African markets and economies for businesses and entrepreneurs as well as businesspeople, students, governments, NGOs, and investors considering the continent.

Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022

Bitcoin 22 Mar 2023
African countries’ debts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20 ... Besides bolstering direct trade between his country and the African continent, the Russian leader also spoke about his envisioned global financial system that is not dominated by the U.S.

Angola joins fight against illicit financial flows

Mail Guardian South Africa 21 Mar 2023
In a 2020 report by the United Nations Conference on Trade and Development (Unctad), it was estimated that African countries lose $88.6 billion annually to illicit financial activities ... The Tax Transparency Report found that African countries have retrieved millions of dollars since EOIR became more widespread.

Time to unlock the creative potential of least developed countries

Business Ghana 13 Mar 2023
While the creative economy can provide a feasible option for sustainable development and structural transformation, only a few Asian and African LDCs register significant trade in creative goods and services. UNCTAD has prepared a mapping report on Angola’s cultural and creative industries and organized several capacity-building workshops.

Comoros chairing African Union a chance to address trade issues

Mail Guardian South Africa 10 Mar 2023
Acceleration of the African Continental Free Trade Area Implementation. This is crucial because intra-Africa trade remains dismally low with “14.4% of total African exports” The regional economic communities meant to facilitate economic integration among African economies are still not reporting satisfactory levels of economic integration.

The African Union’s 36th Summit: Key Takeaways

OWP 24 Feb 2023
As reported by E.W.N., the Union’s chairman, Azali Assoumani, is determined to see The African Continental Free Trade Agreement come to fruition as soon as possible. Not only will the agreement increase intra-African trade by 60% through extensive tariff reductions (trade among ...

Another white-elephant or a new dawn: The AfCFTA and Ghana’s international trade potentials

B & FT Online 23 Feb 2023
These are the African Growth and Opportunity Act (AGOA-USA), Economic Partnership Agreement (EPA-EU) and the African Continental Free Trade Agreement (AfCFTA-Continental) ... Some Ghanaian companies have reportedly started trading under the African Continental Free Trade Area (AfCFTA) agreement after a long-delayed implementation of the pact.

EAC ministers to review report on admission of Somalia into regional bloc 20 Feb 2023
23 will also review reports on various issues, including political matters, customs and trade, finance and administration matters, as well as reports of other EAC organs, including the East African Legislative Assembly and the East African Court of Justice.

SA returns from WEF2023 with lessons learned

Independent online (SA) 17 Feb 2023
The WEF this year allowed Africa to highlight the potential of the African Continental Free Trade Area (AfCFTA) ... and global multinationals looking to expand across Africa, to take advantage of the opportunities presented by the African Continental Free Trade Area (AfCFTA).

US Foreign Aid Agency Continues to Invest in Africa

Voa News 17 Feb 2023
... and trade between two African nations, Niger and Benin.

Push continues to document, memorialize enslaved Africans buried near Lazaretto Creek

The Grio 16 Feb 2023
“Lazaretto means quarantine, and we know that enslaved Africans were quarantined here at the Lazaretto,” said Julia Pearce, coordinator for the Tybee MLK, WTOC11 News previously reported ... In less than 30 years, thousands of Africans populated Georgia due to the European slave trade.

Shoukry flies to Addis Ababa for 42nd session of African Union’s Executive Council

Egypt Independent 15 Feb 2023
The African Union’s Executive Council will discuss a number of key topics and issues of priority in the African arena, most notably the Annual Report of the African Union and its organs, acceleration of the African Continental Free Trade Area (AfCFTA)’s ...

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