Stakeholders of the African Continental Free Trade Area Agreement (AfCFTA) said the deal will potentially grow trade value in Nigeria to $12 billion between 2023 and 2027. This was disclosed during the Nigeria AfCFTA implementation strategy validation held in Lagos on Thursday. They reaffirmed that the agreement could also reduce trade costs by 20 percent...
The United Nations Economic Commission for Africa (UNECA) has welcomed Namibia’s milestone in launching its National Strategy for Implementation of the Agreement establishing the African Continental Free Trade Area (AfCFTA), and the associated Action Plan at an event held Monday in Windhoek. With the launch, Namibia joined Malawi, Mauritius, Zambia, and Zimbabwe as the five...
RwandAir has taken delivery of its first dedicated cargo aircraft as it looks to expand its cargo operation in Africa and the Middle East. The Boeing 737-800SF, which is painted in RwandAir’s first cargo livery, will be based at the carrier’s Kigali hub in Rwanda. Yvonne Makolo, RwandAir chief executive, said: “The delivery of our...