Globally, countries are concluding Mega-Regional Trade Agreements (MRTAs), thus reshaping and changing the global trading landscape in the process. The establishment of the African Continental Free Trade Area (AfCFTA) will allow Africa to strengthen its position vis-à-vis the rest of the world. If the Continental Free Trade Area (CFTA) is successfully implemented, there are opportunities […]
According to UNCTAD, a UN body focusing on trade; in 2010 intra-African trade only made up 10.2 percent of Africa’s total trade. Continental Free Trade Area (CFTA) aims to remove trade barriers in order to improve intra-African trade. To achieve this, the CFTA draft agreement commits countries to removing tariffs on 90 percent of goods […]
Generally, most countries in Africa charge tariffs that are much lower than the actual cost of generating, distributing and retailing electricity. The difference between the tariffs most customers pay and the actual cost of electricity is subsidised by Governments. For this reason, in 2008 Southern African Development Community (SADC) Ministers of Energy were prompted to […]
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