The African Continental Free Trade Area (AfCFTA) represents a historic opportunity to boost intra-regional commerce, reduce poverty, and spur Africa’s economic transformation. The World Bank estimates that AfCFTA could lift over...
Latest Posts
How Military Coups are Negatively Impacting Trade in Africa
A month after Niger’s military takeover, it triggered diplomatic, political, and economic crises. The Niger and Gabon coups, like others, enjoy popular support despite regional calls to reinstate democracy. However, the junta...
How e-Commerce is Impacting intra-Africa Trade
The rise of e-commerce platforms in Africa presents a unique opportunity for businesses to expand their market presence and tap into a wider consumer base across the continent. With the implementation of the African Continental...
Nigeria needs to Maximize its Export Potential
Trade is, indubitably, an all-important economic lever for many countries across the world. Whether advanced or developing, international trade enables countries to access markets and services that may not have been available...
The Bumpy Ride of Logistics in Africa and Potential Remedies
Africa has become a thriving continent for business in recent years but the logistics and supply chain industry continues to play catch up. The challenges facing Africa’s logistics such as the high cost of moving goods within the...
Nigeria’s Non-oil Export Incentives
For a long time, Nigeria’s foreign exchange earning has been largely from crude oil exports. However, due to the government’s diversification efforts, non-oil products are now making a significant contribution to the country’s...
The Imperative of Addressing Non-Tariff Barriers to Trade in Nigeria
Trade is the lifeboat of a nation. It is essential to the creation of opportunities, achievement of economic growth and overall human prosperity. The freer the flow of trade, the stronger the tides to economic progress and peace...
Addressing the Financing Challenge of Small & Medium Enterprises in Nigeria
Small businesses are significant to any country’s economy and development. In fact, a World Economic Forum report found that Micro, Small and Medium-sized enterprises (MSMEs) account for 90 percent of all firms globally, about 70...
Nigeria’s Agro-exports and Opportunities for Growth
Prior to the discovery of crude oil in Nigeria, Agro-export was the main commercial export, serving as a source of foreign exchange earnings and the backbone of government revenues. The discovery of crude oil shifted attention...
How Nigeria Can Diversify its Exports to Maximise the AfCFTA
Trade is the lifeblood of a nation’s existence. Buying, selling, and exchange of goods and services puts a country on the world map and within the global supply chain but sustenance happens when the country is consistent in...