The African Continental Free Trade Area (AfCFTA) is predicted to increase Africa’s trade income by USD 450 billion by 2035 and will boost intra-African trade by more than 81 percent, according to a recent report by the World Bank.
Tag: AfCFTA
Why choose Mauritius for your cross-border business structuring?
Known by tourists for exquisite beaches, stunning landscapes and for being a multicultural island, Mauritius is considered as a leading country for cross-border business structuring by the international business community.
The impact of the African Continental Free Trade Area on the continent’s mining sector
By Virusha Subban, Partner specialising in Customs and Trade, and Head of Tax, Baker McKenzie, Johannesburg Africa is the world’s top producer of numerous critical […]
An update on free trade in Africa – the Guided Trade Initiative, regional value chains and measures for sustainable trade
By Virusha Subban, Partner Specialising in Customs and Trade and Head of Tax, Baker McKenzie, Johannesburg The AfCFTA Guided Trade Initiative (GTI) is the latest […]
Trade finance and the efforts to boost intra-African trade
By Lodewyk Meyer, Partner and Head of the Banking & Finance Practice, and Lucy Stratton, Associate Designate, Baker McKenzie, Johannesburg As stated by President of […]
African Growth and Opportunity Act eligibility requirements under review in three African countries
By Virusha Subban, Partner and Head of Indirect Tax, Baker McKenzie Johannesburg On 2 November 2021, US President Joe Biden announced that three African countries […]
Creating a disruption-proof supply chain in Africa
The impact of the pandemic on global supply chains has prompted governments around the world to look at ways to fix the broken links. In […]
China’s trade with the continent grows to record highs
By Virusha Subban, Partner and Head of Indirect Tax at Baker McKenzie in Johannesburg According to China’s Ministry of Commerce, trade between China and Africa […]
Decentralised finance may be the panacea for filling Africa’s Investment Gap
by Pomy Ketema, Counsel, Baker McKenzie, New York African countries continue to face substantial financing gaps as they take on projects of all sizes in […]
Unlocking Sustainable Investment in AFRICA through AIM-AFRICA
AIM AFRICA will be a powerful impetus in strengthening AFRICA’s economic stability, sustainability, and growth. The African continent has immense untapped economic potential that presents […]