TRADE Tag

President Donald Trump suspended the duty-free status of Rwanda's apparel after finding the African nation unfairly blocked US exports of used clothing, officials announced Thursday.Read More
In Cameroon's port of Douala, corruption, bureaucratic red tape, overpriced services and a growing backlog have combined to put a major drag on cargo trade through central Africa's largest harbour.Read More
Douala (AFP) In Cameroon’s port of Douala, corruption, bureaucratic red tape, overpriced services and a growing backlog have combined to put a major drag on cargo trade through central Africa’s largest harbour. More than 95 percent of Cameroon’s maritime traffic transits through Douala, a sprawling hub that serves as the main gateway for landlocked Chad and Central African Republic. But the procedures for clearing goods are a permanent headache, and very little gets done without greasing palms with extra cash, traders say. “There is high-level corruption at Douala port,” saysRead More
Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent's economic development, the head of the African Union said Wednesday.Read More
Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent's economic development, the head of the African Union said Wednesday.Read More
The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there.Read More
Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent's economic development, the head of the African Union said Wednesday.Read More
Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent's economic development, the head of the African Union said Wednesday.Read More
Kigali (AFP) Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent’s economic development, the head of the African Union said Wednesday. The creation of a free trade area — billed as the world’s largest in terms of participating countries — comes after two years of negotiations, and is one of the AU’s flagship projects for greater African integration. A separate agreement saw 27 countries agree to the free movement of people across their borders, allowing nationals from other signatory nations toRead More
Kigali (AFP) Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent’s economic development, the head of the African Union said Wednesday. “The agreement establishing the CFTA (African Continental Free Trade Area) was signed by 44 countries,” said Moussa Faki Mahamat, chairperson of the AU commission. The creation of a free trade area — billed as the world’s largest — comes after two years of negotiations, and is one of the AU’s flagship projects for greater African integration. However, the agreement willRead More