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The African Free Trade Zone announced at the EAC-SADC-COMESA Summit (also known the AFTZ Summit and Tripartite Summit) effectively is the realization of a dream more than a hundred years in the making, a trade zone spanning the length of African continent from Cape to Cairo, from North African Egypt all the way to the southernmost tip of Africa ...
Map of East African Community and Africa. On top of free trade amongst the members of the EAC, these Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda joined together with the other members of the African Union to form the African Continental Free Trade Area (AfCFTA). The AfCTFA was ratified on March 21, 2018, and it creates a single ...
The African Continental Free Trade Area (AfCFTA) [11] is a free trade area encompassing most of Africa. [12] [13] [14] It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, [15] and the largest in population and geographic ...
The fair was initiated by Ghana's first President Dr. Kwame Nkrumah [4] [5] in order to stimulate the country's international trade and to carry forward his vision of pan-African union. The trade fair center and its first international trade fair was opened on February 1, 1967 by Joseph Arthur Ankrah, the then Head of State. [6] [7]
The Intra-African Trade Fair (IATF) is a biennial event organized by Afreximbank, in collaboration with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat. It connects buyers, sellers, investors, and governments across Africa to boost trade and investment.
The Board of External Trade is a government institution, which was established under the Act No. 5 of 1978 to spearhead Tanzania' s Export endeavours. The Trade Fair Grounds which is also known as Mwl. J.K.Nyerere Trade Fair Grounds were inaugurated in 1962, one year after Tanzania gained her independence on 9 December 1961. The Grounds at that ...
The African Economic Community (AEC) is an organization of African Union states establishing grounds for mutual economic development among the majority of African states. [1] The stated goals of the organization include the creation of free trade areas , customs unions , a single market , a central bank , and a common currency (see African ...
The TFTA is intended to enhance the framework of the African Continental Free Trade Area (AfCFTA) which has the vision of bringing all 54 member states of the African Union into one single market. The TFTA is also an AfCFTA, which means that it works towards a greater purpose of boosting trade within Africa, increasing industrial development ...