The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is high, that promise can be realized only if the agreement...

Import duty, import taxes, and import tariffs all refer to fees imposed on goods that are imported into a country. These fees are intended to protect domestic industries and generate revenue for the government. Import duty is a tax imposed on goods as they cross the border into a country. The duty is typically based...

Real-time tracking has had a significant positive impact in today’s world by enabling organizations to efficiently monitor and manage the movement of goods and people. This technology has particularly revolutionized the logistics sector, allowing companies to optimize their supply chain operations, reduce costs, and improve customer service. In the logistics sector, real-time tracking allows companies...

The African Continental Free Trade Area (AfCFTA) is a free trade agreement between African countries that aims to boost intra-African trade and accelerate the continent’s economic development. The AfCFTA was officially launched on January 1, 2021, and it is the largest free trade area in the world by the number of participating countries, with all...