Nigeria taps AfCFTA Guided Trade Initiative to fuel economic growth, continental leadership
Post AMUGE
July 19, 2024
Business a.m. Doris Uzoka-Anite, minister of industry, trade, and investment; George Akume, secretary to the government of the federation; and Olusegun Awolowo, national coordinator, Nigeria AfCFTA Coordination Office, during the Guided Trade Initiative launch in Apapa,Lagos, recently. Nigeria has embarked on a historic endeavour with the launch of the Guided Trade Initiative (GTI) under the […]
Nigeria targets $50bn economic upswing with AfCFTA trade debut
Post AMUGEJuly 17, 2024
Onome Amuge Nigeria has officially commenced trade under the African Continental Free Trade Area (AfCFTA) agreement, reaffirming its dedication to maximising the potential benefits of the agreement for both small and large Nigerian businesses. With a projected $50 billion in benefits, the Nigerian government sees the AfCFTA as an opportunity to tap into the African […]
Nigeria embarks on preferential trade under AfCFTA guided trade initiative
Post AMUGEJuly 15, 2024
Business a.m. The Nigerian government, in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, is set to launch the Preferential Trade under the AfCFTA Guided Trade Initiative (GTI) on July 16, 2024 at Apapa Port in Lagos. A statement signed by Olusegun Olutayo, senior trade policy and law expert and lead, trade enablement, […]
APRA advocates prioritisation of citizen interests amid Kenyan crisis
Post AMUGEJune 27, 2024
Business a.m. The African Public Relations Association (APRA) has issued a call to the Kenyan government, urging them to prioritise the well-being and best interests of their citizens. This statement was made in response to the widespread protests that erupted after the passage of the controversial Finance Bill 2024. In a statement issued by Ominiyi […]
Africa’s domestic sources hold $100bn financing, says Mo Ibrahim Foundation
Post AMUGEJune 24, 2024
Onome Amuge Africa’s untapped financial potential, hidden in the cracks of mismanaged or underutilised domestic resources, could yield an annual windfall worth $100 billion, eclipsing both the $81 billion in Official Development Assistance (ODA) and $97 billion in remittances received by Africa each year, according to a report by the Mo Ibrahim Foundation. The report, […]
CAAF24 advocates climate change focus in African economic development
Post AMUGEJune 20, 2024
Onome Amuge The Climate Action Africa Forum 24 (CAAF24), organised by Climate Action Africa (CAA), a leading Africa-focused social enterprise at the forefront of the continent’s climate action ecosystem, has reinforced the urgent need for action to mitigate the impact of climate change towards a brighter future for the continent’s 1.3 billion populace. Held at […]
AIF’s bankability series moves to attract global capital to Africa
Post AMUGEJune 11, 2024
Showcases innovative approaches Cygnum Capital, SEFA present at first roundtable PHILLIP ISAKPA IN LONDON, UK The 2024 series of investment roundtables often held ahead of the Africa Investment Forum’s annual Market Days event has taken off with the AIF looking to use the series to advance the bankability of deals and redirect global capital […]
$1.8trn space economy offers global growth prospects – WEF, McKinsey
Post AMUGEApril 15, 2024
Africa’s $23bn space value by 2026 ready to liftoff 15 nations spend $4.71bn on 58 satellites; 105 for launch in 2026 Top 10: South Africa, Nigeria, Egypt, Angola, Algeria, Ethiopia, Ghana, Kenya, Morocco, Libya Ben Eguzozie The Space economy is expanding, and is expected to be worth $1.8 trillion by […]
Rising business risks seen in developing economies due to climate change – Report
Post AMUGEMarch 25, 2024
Businesses in EM feeling impact of climate change Drought, extreme temperature top risks for African businesses Joy Agwunobi Climate change poses a significant threat to businesses and economies across the globe, and its impact is being felt the hardest by businesses in developing countries, according to the British International Investment’s Emerging Economies Climate Report. […]
Africa’s talent takes the spotlight in the RLSD Africa’s Talent Leather Design Showcase ’24
Post AMUGEMarch 25, 2024
Business a.m. The Leather & Hide Council of America (L&HCA) and the Africa Leather and Leather Products Institute (ALLPI) have announced the commencement of the Real Leather. Stay Different. Africa’s Talent Leather Design Showcase 2024. The programme is aimed at celebrating and supporting the talented designers and artisans of Africa, showcasing their work and creating […]