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Rwanda’s President Paul Kagame (L) and Ethiopia’s President Sahle-Work Zewde (R) attend the “Africa leadership meeting, investing in health”, ahead of an African Union summit in Ethiopia’s capital Addis Ababa on February 9, 2019. SIMON MAINA / AFP

As Paul Kagame steps down, Egypt takes helm at African Union

Rwandan President Paul Kagame, who led an active, reformist tenure as African Union chair, on Sunday passes the baton to Egypt, seen as more likely to focus on security issues than expanding the powers of the body.

AfDB report puts Africa’s GDP growth for 2019 , 2020 at 4 percent

The African Development Bank has launched the 2019 edition of its flagship African Economic Outlook (AEO) at its headquarters in Abidjan.

Centre drums support for AfCFTA

AfCFTA is a tool to create opportunities for African businesses and drive the continent’s industrialization, economic diversification and development, Mr. David Luke, Coordinator of the Africa Trade Policy Centre (ATPC) at the Economic Commission for Africa (ECA), explained.
13 President Muhammadu Buhari on Wednesday received Cyril Ramaphosa, his South African counterpart, in Abuja.

President Ramaphosa: Criminals behind killings of Nigerians in South Africa

South African President, Cyril Ramaphosa, has put the blame of the persistent killing of Nigerians in his country on criminality and not xenophobia, vowing to bring perpetrators to book.
Cyril Ramaphosa

President Ramaphosa: Why I’m in Nigeria

Following the killings of many Nigerians in renewed xenophobic attacks in South Africa, President Cyril Ramaphosa of that country, on Tuesday, said he was in Nigeria to meet with President Muhammadu Buhari on the disturbing situation which, he said, was capable of hurting the recently-signed Continental Free Trade Agreement (CFTA).

Economists advise Nigeria to sign AfCFTA

Nigerian has been called upon to reconsider its reluctance to sign the African Continental Free Trade Area (AfCFTA) agreement, some economic analysts said in separate interviews in Addis Ababa.

Experts: AU club for African leaders

African Union (AU) has come under serious criticism as experts described it as a club for African leaders.

IMF: Nigeria opts out of AfCFTA despite huge benefits to region

The International Monetary Fund (IMF) has said in spite of Nigeria, Africa’s biggest economy, opting out of signing on to the African Continental Free Trade Area (AfCFTA), the benefits of the trade pact to the region are still enormous.

Forex: IMF seeks unified foreign exchange rate regime

The International Monetary Fund (IMF) has welcomed the stability recorded in Nigeria’s foreign exchange market, just as it urged the Central Bank of Nigeria (CBN) to continue to push for a unified exchange rate regime.

Labour opposition puts African free trade deal in jeopardy

The objection raised by the Nigeria Labour Congress (NLC) to Nigeria becoming a signatory to the framework agreement for establishing the African Continental Free Trade Area (CFTA) has cast an air of uncertainty on the fate of the trade deal, and has been blamed for President Muhammadu Buhari’s sudden cancellation at the weekend of his scheduled trip to Kigali, Rwanda, Monday.

Why President Buhari cancelled Rwandan trip

Indications emerged on Sunday that President Muhammadu Buhari cancelled his scheduled trip to Kigali, Rwanda, because enough consultation was not made before the Federal Executive Council approved the signing of the framework agreement for establishing the African Continental Free Trade Area.

Single unified market will not affect economy – federal govt

Federal Government has said that the proposed launching of African single trade market would not affect Nigerian economy as adequate measures were being put in place to protect the economy.

Nigeria parleys 37 countries on economic cooperation, bilateral ties

Nigeria has joined 37 other countries to sign a joint declaration on Economic Cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina, on the sidelines of the World Trade Organisation (WTO) 11th Ministerial Conference.

AU, EU must team up to tacking slave trade, human trafficking in Libya – Geoffrey...

The Minister of Foreign Affairs, Geoffrey Onyeama, has called for a joint declaration by the African Union and European Union on the issue of slave trade and other crimes against humanity in Libya.

Minister Geoffrey Onyeama calls for African-European joint declaration on slave trade

Minister of Foreign Affairs, Geoffrey Onyeama, has called for a joint declaration by the African Union and the European Union (EU) on the issue of slave trade and other crimes against humanity in Libya.

VP Yemi Osinbajo seeks greater integration of African economies

Vice President Yemi Osinbajo has called for greater integration of African economies to enable the continent to develop free trade among AU member nations.

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