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Category: Economy

AfCFTA story good, but hard to sell without free movement

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African authorities still owe us a different, better version — one wrapped up in the free-movement-of-people envelope with a visa-free tag visible at the back. 

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Johnson Kanamugire December 10, 2022 Africa, Economy, Opinion, Special reports

Agro-industrial hubs to cut Africa’s $45bn food import bill. We want this money back – SACKO

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CAAPs has been hailed as one of the most promising means to vastly improve the competitiveness of African industries and enterprises.

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Johnson Kanamugire November 28, 2022 Africa, Beyond borders, Economy

African leaders root for AfCFTA full operationalisation

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The AU leadership is banking on full operationalization of the AfCFTA to drive the much needed industrilaisation of the continent that has borne the brunt of series of global crises.

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NewsPaper Africa November 25, 2022 Africa, Beyond borders, Economy

Intra-Africa trade could boost resilience to crises, unlock $22bn export potential – Experts

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Officials figures estimate intra-African trade at between 15 per cent to 18 per cent annually, the lowest of any region of the world.

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Johnson Kanamugire November 23, 2022 Africa, Beyond borders, Economy

Made in Africa: States work to harmonise standards, rules of origin requirements

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AfCFTA rules of origin, just like standards requirements, single out goods produced within the free trade area that meet set conditions to be allowed to move freely and enjoy preferential tariff treatment.

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Johnson Kanamugire November 22, 2022 Africa, Beyond borders, Economy

Emission concerns as used car exports to Africa keep on the rise

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There are also concerns that heavy dependence on imported used vehicles by many Africa countries continues to foment both health and road safety problems.

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NewsPaper Africa November 18, 2022 Africa, Beyond borders, Economy

VIDEO: Africa eyes green bonds, COP27 partnerships to plug infrastructure gaps

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Dr. Amani Abou-Zeid, African Union (AU) Commissioner for Infrastructure and Energy shares insights on continental efforts to expedite development and implementation of green and climate  resilient infrastructure projects.

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NewsPaper Africa November 11, 2022 Africa, Beyond borders, Economy, Interviews

Costs, connectivity and illiteracy hold back Africa digital economy potential – REPORT

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Despite mobile digital services offering Africa massive potential to provide better access to health, education and trade, billions of people in remote regions of the continent are without coverage.

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Johnson Kanamugire October 31, 2022 Africa, Beyond borders, Economy

Germany commits $39.3m to Rwanda climate action, pledges support at COP

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Rwanda is in the group of climate vulnerable countries (V20 Group) that joined the so called Global Shield Against Climate Risks, a financial cooperation initiative supported by G7 countries including Germany to rally support to respond to climate-related damages.

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NewsPaper Africa October 29, 2022 Current Affairs, Economy, Latest

Non-ratification of AU treaties slows down Africa flagship projects’ implementation

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Several treaties negotiated and agreed upon at African Union (AU) level cannot be enforced as member States continue to drag feet on ratifications.

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Johnson Kanamugire October 17, 2022 Africa, Beyond borders, Economy, Special reports

Rwanda’s economic recovery prospects facing new headwinds – Report

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Rwandan firms and entrepreneurs generally struggle to secure certification for an international standard, popularly known as ISO certification.

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Johnson Kanamugire October 3, 2022 Current Affairs, Economy, Latest

Road to ‘Africa COP’: Activists talk tough on climate reparations, injustices

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Experts say climate vulnerable African nations need at least $1.3 trillion on annual basis if they are keep its fossil fuel in the ground and address energy poverty.

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Johnson Kanamugire September 27, 2022 Africa, Beyond borders, East Africa, Economy

BACK TO SCHOOL: Uniform fees good for the poor

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The education sector regulator imposed restrictions on other requirements a parent can be subjected to, definitely scrapping things like hoes, rubber mops, ream of papers and all the others that schools obliged parents to purchase.

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Johnson Kanamugire September 22, 2022 Economy, Latest, Opinion

Inflation shoots to 20.4pc in August as food prices keep rising

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There has been a general rise in food inflation by 29.2 per cent on annual basis in August.

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NewsPaper Africa September 11, 2022 Current Affairs, Economy, Latest

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