How will cross border payments and settlements shape Africa’s Transport and Logistics Sector Relationships?

What are cross border payments? Simply put, cross border payments are payments where the payee and beneficiary are based in separate countries. A typical cross border payment is a multi-player process which starts when a purchase transaction is initiated, and

AfCFTA: Africa’s transport and logistics sectors to benefit from free trade

The African Continental Free Trade Area (AfCFTA) is expected to increase intra-African trade in transport services by nearly 50 per cent, according to the latest estimates by the Economic Commission for Africa (ECA).    The estimates on, ‘Implications of the African Continental

What Africa expects of the new WTO Chief Dr. Ngozi Okonjo-Iweala

When on 15 February the chair of the World Trade Organization’s (WTO’s) General Council, Ambassador David Walker of New Zealand, announced that Dr. Ngozi Okonjo-Iweala would be the new Director-General, the mood among delegates was of relief. Dr. Okonjo-Iweala commanded

Status of AfCFTA Ratification

According to Article 23 of the Agreement Establishing the African Continental Free Trade Agreement (AfCFTA), entry into force occurs 30 days after the 22nd instrument of ratification is deposited with the Chairperson of the African Union Commission (AUC) – the

Bold steps taken to make African trade easier, help small businesses

The African Union has amplified action to tackle non-tariff barriers and increase small businesses’ use of the tradebarriers.africa tool through its new online platform.  The African continent is about to become the world’s largest free trade area. If not addressed, non-tariff barriers

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