Discover and read the best of Twitter Threads about #afcfta

@OCOAdvocates

“Associated Battery Manufacturing EA Ltd is the first Kenyan company to start trading under the African Continental Free Trade Area (“AfCFTA”) Agreement, and the first local company to ever export Exide batteries to the Ghanian market”...
#AfCFTA #tradelaw #covidimpact

said the Ministry of Industrialisation and Trade in a statement. The Kenyan-made Exide batteries worth KES 9.24 million (USD 77,000) landed in Ghana last week, marking a formal start of preferential trading under the AfCFTA framework.

The consignment by Associated Battery Manufacturing EA Ltd is the clearest indication that Kenya can now access markets in West and Central Africa at preferential rates. [Business Daily article. Read more here bit.ly/3SoNR6q].

Read 5 tweets

Raisina Dialogue

@raisinadialogue

We are LIVE tweeting the panel discussion with @GeoffreyOnyeama @Sarpong_KA, @UstaNcusta, Dammu Ravi, and Omneya Ghamry

Stay tuned for updates!

Join us using this link:

#Raisina2022 #RaisinaDialogue

.@GeoffreyOnyeama: #Nigeria & #India share a special relationship in this age of #globalisation. #India has a comparative advantage in the #health sector. Its role during the #COVID19 outbreak attests to this point.

#Raisina2022

.@GeoffreyOnyeama: The #IndiaAfrica Forum Summit (#IAFS) process is aimed at developing a precise roadmap that responds to the priorities of #African countries. #India can share its technological know-how which will boost our substantial partnership.

#Raisina2022

Read 12 tweets

thehabarinetwork

@habarinetwork

The 5th Africa Business Forum, one of the @ECA_OFFICIAL's flagship initiatives, is underway in Addis. Its theme: “Investing in multimodal transport infrastructure to optimize the benefits of the #AfCFTA: a focus on air transport and tourism.”

A thread from us at @habarinetwork:

The @ECA_OFFICIAL is set to release a major analysis of scenarios, by 2030, of @AfCFTA implementation on the demand for various modes of transport infrastructure and services, and the implications for investment in infrastructure.

Botswana's President @OfficialMasisi, a keynote speaker, says Botswana aspires to becomes a regional tourism and logistics hub and has undertaken various transport infrastructure upgrades in anticipation of the implementation of the AfCFTA.

Read 19 tweets

Edobong Akpabio, FIAM

@edobong_akpabio

The Significance of Business Collaboration with Requisite Stakeholders!!!

A Presentation by Edobong Akpabio at the Archbishop Vining Memorial Church Cathedral, Ikeja "Agro Food Processing & Packaging Seminar" on Friday 18th June, 2021
@Agro_Centre
@GreenAnimalia
@FarmersStories

What is collaboration?
A working practice whereby individuals and organisations work together for a common purpose and to achieve mutual benefit.

Collaboration between business entities is as old as time. But the basics have remained;
1. Common purpose
2. Mutual benefit

A popular African proverb says:
"Walk alone, walk fast,
Walk together, walk far."

Our entrepreneurship journey isn't like a 'walk in the Park' and we can find strength, better productivity and sustainability walking with other like-minded individuals and/or organisations.

Read 17 tweets

Edobong Akpabio, FIAM

@edobong_akpabio

Investment Opportunities in Agriculture in Nigeria!!!

A Presentation by Edobong Akpabio at the Archbishop Vining Memorial Church Cathedral, Ikeja "Agro Food Processing & Packaging Seminar" on Friday 18th June, 2021.
#Agriculture
#Investment
#Opportunity
#Nigeria🇳🇬

What is #Agriculture?
There are various definitions of #agriculture but simply, it is "the science, art & occupation of farming for food, clothing, shelter, medicine, recreation, etc."

There are almost limitless opportunities for investment in the #agriculture sector in 🇳🇬.

You can find information on these opportunities in many platforms, most of them at the fingertips. They include:
1. Government policy
2. The media
3. Agriculture value chain
4. Agribusiness
5. Consumer needs, etc.

Anyone interested in investing needs good information.

Read 14 tweets

Tichaona Chitsinde

@TiChitsinde

Last week @FarmMakeoverCo asked if I could talk about what impact the Africa Continental Free Trade Agreement means for Zim farmers. Today I have a bit of time before church starts so let's see how much ground we can cover on that topic... What would be a good # for it...

#AfCFTAagric What is the African Continental Free Trade Agreement? It's a pact by continental leaders meant to make economic activity between & amongst African countries faster, simpler & cheaper. It has a number of components on tariffs, movement of people, infrastructure

#AfCFTAagric It's unfortunate that there hasn't been a single concise document breaking down what it is and how it sets out to actualise its vision, but we'll work on that. For now let's stick to what it will mean practically if you are in the Zim agric sector.

Read 38 tweets

T. K. Rengarajan 🇺🇸

@trengarajan

192/ Any million people have equivalent aggregate potential for prosperity.

African prosperity is inevitable. The mutual fund of 54 countries is resilient as a whole in yhe rush to prosperity.

https://twitter.com/noahpinion/status/1370121908453138433?s=21

193/ Every solar energy project makes a dramatic difference in Africa. Each of them makes it far easier to do the next one. Skip over dirty coal, oil & nuclear!

Solar is economical leapfrog for Africa.

evwind.es/2021/03/15/fir…

194/ It’s wonderful to see African cheetahs thrive creating tech startups.

Long overdue.
Inevitable.
Duh.

Because any million people have equivalent aggregate potential.

techcrunch.com/2021/03/18/kud…

Read 45 tweets

Presidency Nigeria

@NGRPresident

“The cities of Jibiya and Maradi constitute a significant trading core between Nigeria and Niger Republic – a tradition dating back many centuries.” — President @MBuhari #KanoMaradiRail

PMB: “This vital infrastructure line will establish an end-to-end logistic supply chain in railway transport services between Northern and Southern regions of the country, reaching Nigerian southern ports of Lagos and Warri.”

PMB: “The entire route encompasses territory inhabited by close to 80 million people across 10 states of the country. This project has a branch line to Dutse the capital of Jigawa state to open up this corridor which is endowed with vast resources.” #KanoMaradiRail

Read 16 tweets

W. Gyude Moore

@gyude_moore

Congratulations to @POTUS. Joining my voice to other Africans at home and in the Diaspora who hope for a better, more substantive engagement. We're rooting for you and hope you can achieve your agenda - both for the American people and for the world. THREAD

In his prepared remarks for his committee hearing @ABlinken promised "engage the world not as it was, but as it is.” WE will hold you to that. US Africa policy should, in intent and practice, seek mutual prosperity between Africa and America. 1/

The world as it is recognizes that Africans have interests that are unique and separate from any Great Power competition. We want partners in fulfilling aspirations for ourselves & our children. Finding fulfillment in our homeland. That our culture, economy, societies can thrive.

Read 18 tweets

Nairametrics

@Nairametrics

Are you a Nigerian Exporter?

Are you confused on how to capitalize on the AfCFTA to expand your business to other countries?

The free trade agreement started Jan 1 & you'll have access to:

🏴54 African countries
👨‍👩‍👦‍👦1.3 billion people
💵A GDP of $3.4trillion

A #Thread👇

The FG recently outlined the steps you should take to export your goods to any of the 54 countries.

The steps are:

1. Exporter must ensure that the product qualifies for export under AfCFTA.

2. Create a bill of entry and attach all relevant permits from government agencies.

Read 6 tweets

W. Gyude Moore

@gyude_moore

China and African Debt - A short thread
Continuing a 30-year tradition, the Chinese Foreign Minister began his year with a trip to Africa. There is no better indication of the importance China attaches to its relationship with the continent. 1/

Which is why it is so disappointing that very little of note was achieved. Up to now, Africa has suffered more from the economic fallout of the pandemic. Debt servicing and a liquidity crunch has backed us against the wall and one would have expected this to be addressed. /2

China’s role in Africa’s current debt crisis is limited to a few countries – but those few countries have such an outsized role in their sub-regions that any default event there could end up having a domino effect elsewhere in Africa. 3/

Read 11 tweets

Xy5Z89🇩🇪🇪🇺

@Xy5Z89

#Africa #AfCFTA #Trade #Coronavirus

After months of delays caused by the global coronavirus pandemic, African countries formally started trading under a new continent-wide free trade zone on Friday.

The goal of the African Continental Free Trade Area (AfCFTA) is to put together 1.3 billion people in an economic bloc of $3.4 trillion, the largest free trade area since the World Trade Organization was created.

It will increase trade between African neighbors and allow the continent to establish its own value chains. It is predicted by the World Bank that by 2035 it will bring tens of millions out of poverty.

Read 4 tweets

Leonard Ugbajah

@learning_leo

Nigeria's Federal Executive Council (FEC) on Wed. approved the ratification of the Agreement Establishing the African Continental Free Trade Area ("AfCFTA Agreement"). This thread examines some legal issues around ratification of international agreements in Nigeria./1 #AfCFTA

Under the Nigerian legal system, ratification is an executive act. It does not require the approval of the National Assembly. /2 #AfCFTA #Nigeria

There is a second step normally referred to as 'domestication' - a process through which an international agreement becomes applicable in the national courts. /3 #AfCfTA #Nigeria

Read 18 tweets

The Africa Report

@TheAfricaReport

#afcfta was meant to facilitate and unify African states through trade. But in #westAfrica , regional tensions have already shown it won't be an easy feat. Report by @tofeayeni

theafricareport.com/47795/nigeria-…

@TheAfricaReport The head of Nissan's operations in Africa tells The Africa Report that the African free trade deal could unlock major investments in automobile manufacturing on the continent, which has big potential as a market. Report by @PhillipXolisa

theafricareport.com/47918/afcfta-k…

@TheAfricaReport Ten years on and gyrations around #Kenya 's #Constitution continue

theafricareport.com/47687/kenyas-c…

Read 4 tweets

Tola

@adetolaov

Let me tell you a story about @OlumideAkpata, candidate for @NigBarAssoc president. In 2018, we had negotiated #AfCFTA & I was moving to Geneva to work with King & Spalding LLP to design Nigeria’s 1st trade remedies infrastructure to protect the economy. One evening, I got a call

Mr @OlumideAkpata , then chairman of the @nbasblofficial , had come into Abuja few days before I was to travel and wanted to speak with me. We met up. He told me, “Our conference this year is on the #AfCFTA & because you worked on it and know it, you should help with direction”

We sat in the Hotel lobby at 10pm and spoke for over 4 hours on conference topics, discussions areas, speakers, break-out sessions and the role of lawyers in the AfCFTA. For context, this was a partner in one of the most successful law firms in Nigeria and I was this young lawyer

Read 9 tweets

Tola

@adetolaov

Congratulations to everyone who just passed the Bar exams. After 5years (more or less) + 1 year of law school, you’re now a lawyer.

Here are some pointers on how to maximize your law career. This probably also applies also to any young lawyer.

A thread.

You are only as relevant as you can solve the problems of your clients. People just want their problems to go away, they don’t want to read a 30-page opinion on the legal meaning of “shall” and “may”. Build your career around solving real problems for people & businesses.

Don’t be in a hurry to specialize. Experiment with different areas of law. You never know what you will find interesting or be extremely good at till you try. This is one advantage of a big firm, it gives you the chance to try out a lot of things early.

Read 25 tweets

Richard Humphries

@RichardHumphri1

Will #COVID19 derail the #AfCFTA's start of trading? A timely input, now circulating, from @AfroChampions: "We make recommendations to salvage and keep the AfCFTA on track".

A thread:

"A continent that was looking forward to opening its borders to a new trade revolution starting July 2020, now has almost all of its borders shut in order to fight the pandemic. What will happen to the #AfCFTA? Will COVID19 worsen countries preparedness, commitment to AfCFTA?"

"The highly anticipated July 2020 start of AfCFTA trading timeline is at risk in light of the above. COVID-19 firefighting means there is significantly reduced attention span for AfCFTA issues among governments, policymakers and the private sector."

Read 12 tweets

Chxta

@Chxta

In the light of the new #coronavirus cases in #Osun, let's very briefly talk about #Nigeria's (or Africa's borders). It was sometime last year that I found that probably the 4th largest concentration of Ogbomoso indigenes after Ogbomoso itself, Ibadan and Kano, is in Abidjan.

Basically, this Nigerian community has links with that part of #IvoryCoast because of trade routes that predate the British and the French, and apparently, those trade routes are still in use, which is how people made it through #Nigeria's ostensibly closed borders.

Internet service provider went down, so the thread will continue shortly.

I've seen replies that saying Ogbomoso people are also strong in #Jos and #Ghana, but for the purposes of this, I'll stick with what Mr Akin Akinbola, a much older man from Ogbomoso, told me in Paris.

Read 18 tweets

Richard Humphries

@RichardHumphri1

The @ITCnews has posted a profound, strategic contribution to negotiations on the #AfCFTA's next steps. The analysis is generated from a deep dive into Africa's existing trade strategies at the national and sub-regional levels. A lengthy thread of some highlights:

@ITCnews The database: at the beginning of 2019, there were 79 trade-focused strategies under implementation across Africa. The 11 strategies that did not prioritize any sector and three other regional strategies were left out of the discussion for simplicity.

@ITCnews The remaining 65 strategies were used to shed light on the degree of overlap of sector priorities across countries. Four of the poorest nations (Burundi, CAR, Eritrea, Somalia) did not have any trade strategy in place in 2019.

Read 18 tweets

Amaka Anku

@AmakaAnku

It has been difficult for me to engage w/ largely dismissive criticisms of #Nigeria’s move to close its land borders with #Benin & #Niger to address rampant smuggling and #Benin’s systematic flouting of Ecowas trade protocols & other treaties signed w/ #Nigeria.

But I feel this issue is too important not to try to improve public understanding about what’s at stake and why the status quo was untenable. So, what follows is a #thread about border security & rules-based trade, which is what the border closure is about at its core.

I’m going to state upfront that I will not engage re this issue on this medium. Instead, I’ll be doing a Facebook Live on Monday w/ @EurasiaGroup colleague Willis Sparks @ 11am EST/5pm Lagos. Please send (constructive) questions w/ hashtag #NaijaBorder & we will address them.

Read 25 tweets

Presidency Nigeria

@NGRPresident

STATE HOUSE PRESS RELEASE

WE’VE LOST A RARE GEM IN OUR GOVERNMENT, SAYS PRESIDENT @MBuhari ON AMB. CHIEDU OSAKWE

#Thread

On behalf of the Federal Executive Council (FEC) and all Nigerians, President @MBuhari condoles with the family of Nigeria’s Chief Trade Negotiator and Director General of the Nigerian Office for Trade Negotiations @TradeOfficeNG, Amb. Chiedu Osakwe.

The President notes, with deep pain,that the passing of Amb Osakwe has created a gulf in @TradeOfficeNG, which he served as pioneer Dir-General, bringing invaluable experience, knowledge & skill in setting up & motivating the operations of the agency that was established in 2017.

Read 8 tweets

Discover and read the best of Twitter Threads about #afcfta

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Discover and read the best of Twitter Threads about #afcfta

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