AfCFTA Archives - GBC

Hisense and Condor Deepen Partnership to Build Largest Air Conditioner Factory in Africa

21 February 202521 February 2025 gbc AA, AfCFTA, EU, EV, FTA, GAFTA, MENA, MICE

On 20 February 2025, Hisense (SZSE: 000921) and Condor signed a partnership agreement to build an air conditioner factory in

Chinese Embassy in South Africa Turns On Charm Offensive in View of Visit of Chief Diplomat Wang Yi

15 February 202520 February 2025 gbc AfCFTA, BRICS, ClimateChange, CriticalMinerals, FDI, FOCAC2024, FoodSecurity, G20, G20Summit2025

On 12 February 2025, China’s Ministry of Foreign Affairs released the overseas mission itinerary of its Chief Diplomat Wang Yi.

Luthai Textile Plans to Invest $385M into Vertically Integrated Facility in Egypt

18 December 202424 December 2024 gbc AfCFTA, EU, FDI, GSC, Vision2030

On 16 December 2024, the General Authority for Freezones and Investment (GAFI) of Egypt announced that Luthai Textile will invest

Lammy’s Maiden Tour of Rising Continent Aims to Reset UK-Africa Relations

8 November 20248 November 2024 gbc AfCFTA, AU, ClimateAction, ClimateChange, ClimateFinance, DigitalTansformation, EarthShotCapeTown, EmergingAfrica, ETIP, EzulwiniConsensus, FDI, FTA, GlobalGovernance, GreenFinance, GreenGrowth, IoT, NationalSecurity, RenewableEnergy, SPA, UNSC

On 3 November 2024, UK Foreign Secretary David Lammy embarked on his maiden visit to Africa since the Labor government

France and Morocco Seal Deals Worth €10 Billion During Macron’s State Visit in Rabat

30 October 20242 November 2024 gbc AfCFTA, ClimateChange, EnergyTransition, EV, FTA, GH2, P2P

The French President Emmanuel Macron led a large delegation to Morocco from 28 to 30 October 2024. The delegation comprised

ODK Group Invests in Tractor Assembly Plant in Nigeria

25 October 20244 November 2024 gbc AfCFTA, FDI, FoodSecurity, industrialization, LVA

On 22 October 2024, a groundbreaking ceremony for the Nortra Tractors Assembly Plant and Service Center took place in Enugu

Putin Touts BRICS as New Global Economic Engine Just Ahead of BRICS Summit 2024

19 October 202424 October 2024 gbc AfCFTA, Blockchain, BRICS, BRICS2024, Connectivity, digitalization, EMDC, FinTech, G7, GDP, GlobalSouth, industrialization, SEZ, SME, SWIFT

In preparation for the 16th BRICS Summit (#BRICS2024), the BRICS Business Forum took place in Moscow on 18 October 2024.

EU Pledges €1.1B to Support AfCFTA and Enhance EU-AU Economic Cooperation

15 October 202416 October 2024 gbc AfCFTA, AfricaCDC, GGI, SingleMarket

On 14 October 2023, during a high-level dialogue in Addis Ababa co-chaired by Jutta Urpilainen, EU Commissioner for International Partnerships,

AfCFTA is Contributing to Double Africa’s GDP to Over $6T by 2035

12 October 202416 October 2024 gbc AfCFTA, AfricaRising, BA2024, GDP, GoodGovernance, GTI, LVA, NTB, SME, TradeFacilitation

The #AfCFTA Business Forum has been rebranded as Biashara Afrika 2024 (#BA2024), where Biashara is a Swahili word for business,

Benin is 1st African Country to Host WTO’s World Cotton Day

8 October 202424 October 2024 gbc AfCFTA, electrification, FDI, GVC, industrialization, LVA, PPP, SEZ

Each year, the 7th of October marks the World Cotton Day. In 2024, Benin became the first African country to

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