AfCFTA: Support Africa’s $450bn growth target, Elumelu urges investors

AfCFTA: Support Africa’s $450bn growth target, Elumelu urges investors

Nigerian billionaire businessman, Tony Elumelu, has called on global investors to support Africa’s economic transformation, citing the continent’s projected $450bn Gross Domestic Product boost from the African Continental Free Trade Area by 2035. Elumelu, who also serves as Chairman of Heirs Holdings and United Bank for Africa, said Africa’s potential is often overlooked despite its

“The Director of the Private Sector of CADEAO, Anthony Elumelu, reiterated the region's ambition to reach, by 2029, an annual volume of 10 million intra-community tourist movements and underlined the importance of the coherent implementation of regional policies,” reads a statement distributed today at the end of a regional workshop on responsible tourism and the free movement of people.

FG To Mobilize Fresh Funding To Drive Trade Reforms

The Federal Ministry of Industry, Trade and Investment (FMITI) is to have a strategic collaboration with Trademark Africa (TMA) and its commercial arm, Trade Catalyst Africa (TCA), to strengthen trade reforms, promote industrialization, and expand Nigeria’s access to global markets. This proposed partnership in commercial borrowings will support medium- and small-scale enterprises, as the firm has done in Ghana and Cote d’Ivoire. This will ensur…

9 International Trade Agreements Helping Nigeria’s Economy in 2025

Nigeria is at a turning point. With over 230 million people and a booming youth population, the country needs strong trade partnerships to create jobs, boost businesses, and keep prices stable. That’s where international trade agreements come in. These deals help Nigeria buy and sell goods with other countries, attract foreign investment, and open doors for … The post 9 International Trade Agreements Helping Nigeria’s Economy in 2025 appeared fi…

First African Markets Conference eyes $450bn intra-continental trade boost

Source: Supplied. Luvuyo Masinda, Chief Executive: Corporate and Investment Banking at Standard Bank Group.Standard Bank is gearing up to host its first African Markets Conference (AMC). Read more...

From policymakers to the people - stakeholders call for broader ownership of AfCFTA implementation | United Nations Economic Commission for Africa

Language English Addis Ababa, 21 March 2025 (ECA) — The African Trade Policy Centre (ATPC) of the United Nations Economic Commission for Africa (ECA) today held its 5th Steering Committee Meeting in Addis Ababa, bringing together high-level representatives from the AfCFTA Secretariat, Global Affairs Canada, Regional Economic Communities, and key development and private sector partners. Share this:facebooktwitteremailprint