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September 2019
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Posts Tagged ‘African Union’
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August 7, 2019

Africa-wide free-trade agreement receives major boost

The African Development Bank (AfDB) has provided a $4.8m grant to support the African Union’s (AU’s) efforts to roll out the continental free-trade area.

The grant forms part of a series of interventions by the development bank to accelerate implementation of the free-trade agreement. The trade agreement is seen as a major force for integrating the 55-nation continent and transforming its economy.

Intra-African trade remains low compared with other major regions such as the EU and Asia.

In 2018, SA joined various other countries on the continent in signing the African Continental Free Trade Area (AfCFTA) agreement that aims to create a single continental market [...]

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July 4, 2019

Nigeria to sign African free-trade pact at AU meeting

Nigeria will sign a continental free-trade deal at an extraordinary summit of the African Union this weekend, bringing the duty-free movement of goods in the region a step closer.

The economy of Africa’s most-populous nation vies with South Africa to be the continent’s biggest and signing up clears a hurdle in the implementation of the African Continental Free-Trade Agreement. President Muhammadu Buhari last week received a report urging him to sign the deal from a committee set up to consider whether the country should join.

Nigeria will sign the deal at the summit in Niger “after extensive domestic consultations, and is focused on taking advantage of ongoing [...]

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June 26, 2019

Deep appreciation for China in Africa, says Naledi Pandor

South Africa’s International Relations and Cooperation Minister, Dr Naledi Pandor, was on Tuesday positive about the progress made in fostering ties between China and the African continent at the conclusion of the two-day Forum on China-Africa Cooperation (FOCAC) coordinators meeting in Beijing, China.

“There was a very significant turnout and of course the participation of China was at the highest level, including ministers of foreign affairs as well as commerce.

“Part of the successful aspect is the cementing of the idea that the forum for Africa-China cooperation has become an important platform of advancing the development cooperation between African countries, and [...]

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May 17, 2018

EFF leader Malema to be sworn in at Pan African Parliament

The leader of the Economic Freedom Fighters (EFF) Julius Malema will be among five SA Members of Parliament to be sworn in at the opening ceremony of the sixth ordinary session of the Pan African Parliament (PAP) in Midrand, Johannesburg on Monday.

The others include National Council of Provinces (NCOP) chairperson Thandi Modise, Thoko Didiza the National Assembly house chairperson for internal arrangements, Mandlesizwe Zwelivelile Mandela, and Santosh Vinita Kalyan.

They are replacing Hunadi Mateme, Thandi Memela, Charles Nqakula, and Floyd Shivambu, while Kalyan will serve another two-year term, parliament said in a statement.

The five MPs were nominated for [...]

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