African trade experts have called for the swift implementation of the African Continental Free Trade Area (AfCFTA) to lift Africa out of an economic downturn caused by COVID-19.
Kenya’s domestic and foreign debt is at a crippling Kshs 50 trillion ($50 billion). To stall the economy’s, decline the country’s government is raising revenue through sale of citizenship, passports, permanent residency and special visa programmes.
The Gambia has become the 22nd country to approve the Africa Continental Free Trade Agreement (AfCFTA). This means that the minimum threshold has been met for the agreement to finally come into force.
Moussa Faki Mahamat, AU Commission Chairperson revealed the AU will in February present specific details on the production and issuance of the African passport, which will aid the free movement of Africans across the continent.
For 500 years foreign agency in the land of Africa has been exclusively self serving and brutally exploitative. Thus it is nearly impossible to imagine any other kind of relationship between outsiders and Africans. But today, at such a crucial juncture of global transformation, it is vitally important to not only imagine, but to observe and support the building of exactly a different kind of relationship.
With the consent of African governments, China’s subtle but deliberate strategy is paying off.
Agriculture is the foundation on which job opportunities for the youth can be built, argues Dr Richard Munang and Mr Robert Mgendi
The top U.S. foreign policy goals in Africa evidently no longer relate to human rights or democratic freedoms, but to protecting tiny, marginal American industries.
Continental free trade area’s potential impact includes boosting intra-Africa trade, manufacturing exports, job creation and poverty alleviation.