A Pan-African free trade deal just came into force - CNN

A Pan-African free trade deal just came into force  CNN

While US-China trade tensions continue to escalate, Africa is quietly putting together a free trade agreement that spans the continent. The Africa Continental Free Trade Agreement (AfCFTA) came into force on Thursday after clearing a key procedural hurdle and being ratified by the parliaments of 24 countries. The commissioner of Trade and Industry for the African Union, Albert Muchanga, confirmed in a tweet that the agreement is now in force and that a unified market would be launched July 7. So far, 52 countries have signed the agreement. Nigeria, Africa's largest economy, has so far refus...

What Trade War? Africa Sidesteps Tariffs, Starts Free-Trade Pact - Bloomberg

What Trade War? Africa Sidesteps Tariffs, Starts Free-Trade Pact  Bloomberg

Africa, largely ignored in a U.S.-China trade war that could roil economies worldwide, is quietly piecing together the world’s largest free-trade zone. The African Continental Free Trade Area comes into force on paper on Thursday after the required 22 countries ratified the deal a month ago. Once it’s passed by all 55 nations recognized as part of the African Union, it would cover a market of 1.2 billion people, with a combined gross domestic product of $2.5 trillion. The potential benefits are obvious, if the usual hurdles of nationalism and protectionism don’t yet stand in the way. The de...

A Pan-African free trade deal just came into force - CNN

A Pan-African free trade deal just came into force  CNN

While US-China trade tensions continue to escalate, Africa is quietly putting together a free trade agreement that spans the continent. The Africa Continental Free Trade Agreement (AfCFTA) came into force on Thursday after clearing a key procedural hurdle and being ratified by the parliaments of 24 countries. The commissioner of Trade and Industry for the African Union, Albert Muchanga, confirmed in a tweet that the agreement is now in force and that a unified market would be launched July 7. So far, 52 countries have signed the agreement. Nigeria, Africa's largest economy, has so far refus...

South Africa’s President Reappoints Deputy Accused of Graft - The New York Times

South Africa’s President Reappoints Deputy Accused of Graft  The New York Times

JOHANNESBURG — President Cyril Ramaphosa of South Africa on Wednesday reappointed a power broker long accused of corruption as his deputy, a fresh blow to hopes for a new cabinet free of the most tainted figures in the governing African National Congress. The fate of the deputy president, David Mabuza, had been regarded as a test of Mr. Ramaphosa’s ability to clean up his party and the government. The appointment makes Mr. Mabuza second in command in South Africa’s government and the leading contender to succeed Mr. Ramaphosa as president. “It’s more of the same,” said Ralph Mathekga, a pro...

South Africa makes history as women make up half of cabinet for first time - CNN

South Africa makes history as women make up half of cabinet for first time  CNN

Women will now make up half of South Africa's new cabinet for the first time in the country's history. President Cyril Ramaphosa who announced the move on Wednesday said the decision was to create a line of leaders that would advance the country's future. "For the first time in the history of our country, half of all the ministers are women," Ramaphosa said in a televised press conference. Patricia de Lille, former Mayor of Cape Town and leader of the Good political party has been appointed the minister of public works. The women are due to be sworn in Thursday when newly appointed minister...

Tunisian club win African title after final abandoned over VAR - FRANCE 24

Tunisian club win African title after final abandoned over VAR  FRANCE 24

Esperance won the CAF Champions League in Tunisia Saturday after Wydad Casablanca refused to continue playing on 60 minutes because VAR was ...

Dr. Akinwumi Adesina, President of the African Development Bank, to receive honorary degree from the University of Alberta - Africanews English

Dr. Akinwumi Adesina, President of the African Development Bank, to receive honorary degree from the University of Alberta  Africanews English

Who: Dr. Akinwumi A. Adesina, President of the African Development Bank What: Honorary Degree in Science at the University of Alberta's graduation ceremony ...