Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) Secretariat for the development of the SMARTAfCFTA Portal to promote trade on the African continent. The portal, which can provide information like trade indicators, market trends, custom tariffs, trade agreements, rules of origin, market access requirements of […]
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The African retail sector has emerged as a lucrative investment opportunity, attracting foreign companies seeking growth in a market driven by an expanding middle class, increased disposable income, technological advancements, and the commencement of the African Continental Free Trade Area (AfCFTA). Euromonitor International reported that in 2018, retail sales in the region surpassed US$500 billion, […]
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United Bank for Africa (UBA) has recently signed a $6 billion financing agreement with the African Continental Free Trade Area (AfCFTA) in Accra Ghana, in order to eliminate trade barriers and promote intra-African trade. This agreement, according to the bank, is aimed at boosting intra-African trade and encourage small and medium sized enterprises (SMEs). The […]
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