Tags: AfCFTA

Stanbic IBTC Tasks Nigerian Investors to Tap into AfCFTA to Boost Intra-Africa Trade

Stanbic IBTC Bank PLC, a subsidiary of Standard Bank Group, has urged Nigerian investors and business owners to harness and maximise the business opportunities that are inherent in the African Continental Free Trade Area (AfCFTA) agreement. This will help boost intra-Africa trade beyond the current level of 17 per cent as well as promote industrialisation…

Nigeria Customs Generates Over N2 Trillion in 2021

The Nigeria Customs Service on Thursday said it generated the sum of N2,240,880,308,195.77 for the year 2021. The amount generated is over the target of N1,678,715,016,014.00 set for the year and over the sum of N1,562,115,419,216.32 generated in 2020 representing a 43.45% increase. In a press statement signed by the Service’ Public Relations Officer, Compt.…

Dismantle Trade Barriers to grow Africa’s economy, Dangote urges Leaders

African leaders have been urged to dismantle trade barriers stifling their individual countries, in a bid to ensure smooth flow of goods and services, with a corresponding impact on economic growth and development across the continent. The call was made by the Group Chief Commercial Officer of Dangote Industries Limited, Mr Rabiu Umar, during an…

Rite Foods Expands Trade Transaction to Africa, Storms Intra-Africa Trade Fair in Durban

Rite Foods Limited, a Nigerian company in the food and beverage sector, is aggressively working towards ensuring its array of quality and refreshing products becomes dominant Pan-Africa while growing worldwide. In line with business expansion, amidst its many laudable steps deployed within its corporate strategy, it will be participating in the 2ND Intra-African Trade Fair…

Trade Expert Calls for Increased Investments in AfCFTA to Boost African Economy

  There have been calls for more investments in the African Continental Free Trade Area (AfCFTA) agreement to boost the African economy. At a recent virtual conference organised by the African Public Relations Association (APRA), an expert on trade and finance, Mr. Jesuseun Fatoyinbo, Head of Trade, Transactional Products and Services at highlighted the benefits…

Dangote To Leverage Expansion, New Trade Routes Under AFCFTA

With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the trade deal. Already, the cement company, despite an installed…

New Investments Will Give Africa The Lead In Agri Development

At a time when the rest of the world is re-thinking its approach to commercial agriculture, Africa has a clear opportunity to refresh its approach to the sector and become an emerging force. Big shifts are already happening in food production, land and water use, and the integration of agri-tech and product tracing. If African…