Nigeria has officially inaugurated a new AfCFTA air corridor aimed at boosting exports to key African markets, including Kenya, Uganda, and South Africa. The initiative is expected to significantly reduce logistics costs for Nigerian exporters by 50% to 75%, thereby enhancing the...

  Lagos State Governor Babajide Sanwo-Olu has praised the organizers of the ongoing AfCFTA Hackathon 2025, describing the initiative as a transformative innovation that aligns with the state’s economic development objectives. The commendation was made on Thursday at...

  President Bola Ahmed Tinubu has announced that Nigeria’s newly finalized Carbon Market Activation Policy is poised to unlock up to $2.5 billion in high-integrity carbon credits and related investments by 2030, positioning Nigeria as a leading hub for climate-smart...

Nigerian President Bola Tinubu has called on ECOWAS member states to deepen economic ties and boost intra-regional trade, underscoring the importance of the African Continental Free Trade Area (AfCFTA) as a key driver for transformative change across West Africa. In remarks...

A temporary halt on the implementation of new US tariffs has offered a brief sigh of relief to African economies, but experts warn that the broader challenges facing the continent’s trade and industrialization ambitions remain unresolved. The United States recently announced a...

Enugu State Governor, Dr. Peter Mbah, made these remarks during his closing address at the session titled “The Africa Opportunity: Regional Collaboration and Trade Facilitation”, held at the 2025 Commonwealth Enterprises and Investment Summit in London.   During the session...

The successful implementation of the African Continental Free Trade Area Agreement depends, to a large extent, on the willingness of State Parties (parties to the Agreement) to domesticate its provisions . Each country needs to incorporate its provisions into their legal and...

As we approach the close of 2024, it’s essential to reflect on the progress made under the African Continental Free Trade Area (AfCFTA) initiative and acknowledge both the achievements and challenges that have defined the year. The AfCFTA is poised to reshape Africa’s...

Africa is at the forefront of an infrastructure revolution, with transformative projects reshaping the continent’s connectivity, economic dynamics, and social landscapes. Roads, railways, ports, and airports are not just physical links but lifelines for trade, economic growth...