Niger Republic Imposes Travel Restrictions on Nigerian Travellers

An immigration officer on Tuesday confirmed that the Republic of Niger is no longer recognizing the ECOWAS Travel Certificate (ETC) or ECOWAS passport for entry into the country for Nigerian travelers. The ECOWAS Travel Certificate and the ECOWAS passport are important travel documents that facilitate movement among member countries of the Economic Community of West…

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IMO Joins AACE To Boost African Trade

International Maritime Organization (IMO) has joined States of the African Alliance for Electronic Commerce (AACE) to support work on ‘The Role of Single Windows and Digitalization in Boosting African Trade. The members of AAEC are: Burkina Faso, Cameroon, Djibouti, Cote d’Ivoire, Gabon, Mauritius, Kenya, Libya, Morocco, Madagascar, Mali, Mozambique, Nigeria, Republic of Congo, Senegal and the WAEMU…

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AfCFTA: Lucky Fibres Makes Nigeria’s  First Export to Kenya

▪︎Photo (from left-hand): Representative of DIMEX Shipping,   CSC Lauretta Utubor, representing Comptroller Trade Facilitation,  Comptroller Olomu, Customs Area Controller Apapa,  Mr. Olusegun Olutayo, Nigeria AfCFTA Coordinating Office, Mr. Girdhar Chandak, Commercial Head. Nigeria has commenced full participation in the African Continental Free Trade Area (AfCFTA) with its first export of Lucky Fibres Ltd hair products to…

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Afreximbank projects $40bn intra-African trade in 2026

▪︎Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026.Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, disclosed this in Abuja at the African Caucus Meeting of the World Bank Group…

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Nigeria fourth Contributor to intra-Africa trade – Report

The Afreximbank’s Africa Trade Report 2024, titled ‘Climate Implications of the AfCFTA Implementation,’ ranked Nigeria as the top fourth contributor to intra-Africa trade, following South Africa, Cote d’Ivoire and Egypt for 2023. In the report, Nigeria’s intra-Africa trade decreased in 2023 by 2.1 percent to $8 billion from $8.2 billion in the previous year. “This…

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