AfCFTA – Windhoek Observer

24 May

Deputy PM calls for Africa to stop exporting jobs to developed world

ObserverNational NewsAfCFTA, Christine Hoebes, Deputy PM calls for Africa to stop exporting jobs, Netumbo Nandi–Ndaitwah

Staff reporter Deputy Prime Minister and Minister of International Relations and Cooperation Netumbo Nandi–Ndaitwah says that once the full implementation of the Africa Continental Free Trade Agreement commonly known as AfCFTA is realised, it will position Africa to move away from the dependency on foreign imports and become an industrialised continent. The AfCFTA, was launched in July 2019, in Niamey, Niger and 25 countries on the continent including Namibia have ratified the agreement. This is a sign that Namibia is serious about the transformation of African economies to increase productivity and efficiencies as well as the diversification of the competitiveness…

AfCFTA: SADC PF symposium shines light on key pitfalls

ObserverObserver MoneyAfCFTA, Covid-19, SADC Parliamentary Forum (SADC PF)

Moses Magadza A regional symposium convened by the SADC Parliamentary Forum (SADC PF) for SADC parliaments last week has revealed pitfalls on the road towards full realisation of the Africa Continental Free Trade Area (AfCFTA) and galvanised parliamentary action as the region angles for rich pickings from the colossal trade agreement. The AfCFTA Agreement was signed in 2018. It came into force in January this year. Its newly-appointed Secretary General, South African Wamkele Mene, said with a membership of 55 countries, the AfCFTA is poised to be “the largest Free Trade Area (FTA) in the world in terms of membership,…

Masisi says AfCTA can raise Africa … but full regional integration must come first

ObserverObserver MoneyAfCFTA, African Continental Free Trade Area (AfCFTA), President of Botswana Mokgweetsi Masisi, SADC PF Secretary General Boemo Sekgoma

Moses Magadza “The African Continental Free Trade Area (AfCFTA) is one of the key drivers that can position Africa as an economic powerhouse,” declared the President of Botswana Mokgweetsi Masisi, while officially opening the 49th Plenary Assembly Session virtually yesterday (Friday 25 June, 2021). “However, it is important to underscore that, the successful implementation of the SADC integration agenda is a prerequisite for the true realisation of the AfCFTA,” he continued. Masisi stressed that domestication of AfCFTA at national level was “central to (its) effective implementation”. AfCTA was agreed upon in 2018 and came into force in January this year.…