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What progress is Africa's free trade pact making in eliminating barriers to trade, deepening economic integration and driving forward the continent's development?
The African Union, comprised of 55 Member States, has prioritized enhancing regional integration and development, and in 2016 decided to move towards a “borderless” Africa with seamless intracontinental migration.
The UK’s science community is urging the prime minister, Boris Johnson, to match funding to rhetoric, as arguments continue over where the budget for the UK’s association to the EU’s Horizon Europe research programme will come from.
In September 2018, the East African Community appointed a twelve member Committee of Experts to begin drafting a new constitution for an East African Confederation as a step towards full federation.
Following the unveiling of the African Continental Free Trade Agreement in Kigali, Rwanda, in March 2018, Africa is about to become the world’s largest free trade area: 55 countries merging into a single market of 1.2 billion people with a combined GDP of $2.5 trillion. In this edition, we examine the benefits and challenges of a free trade area for countries and individual traders.
On March 21, 2018, in Kigali, Rwanda, Africa took the giant step of creating a large and integrated market by establishing the African Continental Free Trade Area (AfCFTA)
The United Kingdom vote in June 2016 to leave the European Union will have major implications for developing economies, according to a report from the Overseas Development Institute (ODI). Least developed countries (LDCs) will be particularly affected, mostly via reduced exports and lower aid values.
This article, circulated widely on social media at the time of the referendum, claimed in error that EU tariffs starve African farmers. Since then it has been updated with an errata explaining its stated facts and conclusion are wrong. No tariffs are paid except on weapons. / NOTE: This article has now been removed from CAPX. We've linked to a copy from the WayBackMachine web archive.]
85% of world is joining trading blocs... as we decide to leave