How PAPSS is Igniting Africa’s Free Market Boom!
Africa’s free market economic potential is often discussed as a future activity. However, the continent has been experiencing what many would call a ‘silent revolution’ in recent years. Since the signing of the African Continental Free Trade Agreement in 2021, the foundations for a unified African economy have been continuously laid. The Pan-African Payments and […]
Nigeria’s AfCFTA Tariff Submission: A Milestone for African Regional Integration
In a significant development for African regional integration, Nigeria recently gazetted and transmitted its ECOWAS schedule of tariff offers for goods traded in Africa to the African Continental Free Trade Area (AfCFTA) Secretariat. A gazette is an official statement announcing trade commitments that guide businesses, organisations, and citizens. This move represents a pivotal moment in […]
Building Resilient Value Chains for African Cassava
For many farming communities in Africa, Cassava is a way of life. 5 out of the world’s top 10 producers of fresh cassava are in Africa. However, even though African Cassava is consumed far and wide, no African country is included in the top 5 countries with the most share in cassava export value. This shows […]
How Nigeria is Shaping Africa’s Digital Trade Landscape
Africa is ripe for a globally competitive African digital economy. However, for this to happen, the necessary frameworks must be created to facilitate digital trade. Adopting the AfCFTA digital protocol in February 2024 was the first step in the right direction. Recently, the African Union endorsed Nigeria as the digital trade champion under the Africa […]
How Africa Can Replicate South Korea’s Rapid Economic Growth
5 Lessons from the “Miracle of the Han River” After the Korean War in 1953, south Korea was devasted, poor, and reliant on foreign aid. However, in one of the most remarkable cases of rapid economic growth in recent decades, South Korea- a country that was poorer than Kenya, Niger, and Pakistan in the 1950s- […]
The future of African Trade: Why going digital is key
With technological advancements in recent decades, digital trade has emerged as a dynamic force in the global economy. These advancements have significantly streamlined international trade, ushering in the emergence of online platforms for trade, opening up opportunities for businesses and customers alike. While Africa faces unique challenges in accessing global markets, digital technologies offer unprecedented […]