Latest News for: African trade reports

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Descendants of 1st enslaved Africans in North America visit ancestors’ birthplace of Angola

Ghana Web 25 Jan 2022
The Tuckers of Virginia, descendants of the first enslaved Africans to come to North America, recently traveled to Angola, the birthplace of their ancestors ... A few days later, it was at Point Comfort that the British vessel finally landed, in the hopes of trading the enslaved Africans for food and supplies,” a report by France 24 said.
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New Payment System Seeking to Bolster Intra-African Trade Goes Live

Bitcoin 22 Jan 2022
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live ... The payment system seeks to strengthen African fiat currencies as well as to boost intra-Africa trade ... However, as a Techcabal report ...
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2021 a stellar year for mergers and acquisitions in Africa

Independent online (SA) 21 Jan 2022
The report said at a regulatory level, the entry into force of the African Continental Free Trade Area on January, 1, 2021 was a significant milestone for the continent ... Furthermore, a growing number of African countries had recently passed “Startup Acts, laws aimed at supporting innovation and market participation ... BUSINESS REPORT .
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Implement strategies to sustain increased consumer preference for digital payments – Bawumia

Business Ghana 18 Jan 2022
... in intra-African trade ... Available trade statistics provided by the African Union in its Annual Trade Report of the year 2020 indicate that intra-African trade remains low, with an average of 13% for intra-imports and 20% for intra-exports over the period of the last seven years.
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Bawumia urges African central banks to connect payments switches to PAPSS

Joy Online 16 Jan 2022
... Commission, and the African Continental Free Trade Area (AfCFTA) Secretariat as well as Africa Central Banks ... The African Union’s annual trade report for 2020 indicates an average of 13 percent Intra Africa import and 20 percent intra-Africa export over the past seven years.
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The Myth of Apolitical China: Why the West Refuses to Accept China’s Superpower Status

The Palestine Chronicle 16 Jan 2022
China has created 25 economic and trade cooperation zones in 16 African countries,” the report reads, “and has continued to invest heavily across the continent throughout the COVID-19 pandemic, according to a government report about Chinese–African economic and trade ties.”.
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African central banks urged to connect payments switches to PAPSS

Ghana Web 14 Jan 2022
The African Union's annual trade report for 2020 indicates an average of 13 per cent intra-Africa import and 20 per cent intra-Africa export over the past seven years ... The good news, however, is that we have seen increased consumer preference for digital payments, which we have to sustain for intra-African trade.".
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Bawumia launches Pan-African Payments System

Ghana Web 14 Jan 2022
Available trade statistics provided by the African Union in its Annual Trade Report of the year 2020 indicate that Intra-African trade remains low with an average of 13% for intra-imports and 20% for intra-exports over the last seven years.
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Digital transformation

B & FT Online 14 Jan 2022
Digital dividends ... a UN Conference on Trade and Development report published in March found that more than 40% of customers in four large African countries were planning to reduce their supermarket shopping in the future by purchasing food, clothing and electronics online. A number of African start-ups have emerged to capitalise on this growth ... ....
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Veep urges African central banks to connect payments switches to PAPSS

Ghana News Agency 13 Jan 2022
The African Union's annual trade report for 2020 indicates an average of 13 per cent intra-Africa import and 20 per cent intra-Africa export over the past seven years ... The good news, however, is that we have seen increased consumer preference for digital payments, which we have to sustain for intra-African trade.".
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Expert answers why the West refuses to accept China's status

China Daily 13 Jan 2022
"China has created 25 economic and trade cooperation zones in 16 African countries," the report reads, "and has continued to invest heavily across the continent throughout the COVID-19 pandemic, according to a government report about Chinese-African economic and trade ties.".
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Intra-African trade in industry, energy, mining others to increase by $1bn in value

Business Ghana 12 Jan 2022
Intra-African trade among selected sectors under industry, energy, mining and agriculture are ... “All of these sectors are forecast to experience an increase in intra-African trade in excess of 30 percent and not less than $1 billion,” the report by Afrieximbank noted.
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Africa’s Digital Economy welcomes Web3

B & FT Online 12 Jan 2022
This growth is driven by a combination of increased access to faster and better-quality Internet connectivity, a rapidly expanding urban population, a growing tech talent pool, a vibrant startup ecosystem, and Africa’s commitment to creating the world’s largest single market under the African Continental Free Trade Area.
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Intra-African trade in industry, energy, mining others to increase by US$1 billion in value

Ghana Web 11 Jan 2022
Intra-African trade among selected sectors under industry, energy, mining and agriculture are expected to ... “All of these sectors are forecast to experience an increase in intra-African trade in excess of 30 percent and not less than $1 billion,” the report by Afrieximbank noted.
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Africa in Review 2021, III: Unification Is Essential to Progress and Development

GlobalResearch 04 Jan 2022
At the beginning of January of 2021, the African Continental Free Trade Area (AfCFTA) officially launched its ambitious efforts to unify the economies within the African Union (AU) region ... It is also expected to boost intra-African trade, promote industrialization, create job, and improve competitiveness of African industries on the global stage.”.
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