Latest News & Developments
afcfta
Unlocking market access for Africa’s small businesses: the road to growth - 22 On Sloane
Discover how the African Continental Free Trade Area (AfCFTA) can transform the landscape for small businesses in Africa, as we explore the barriers they face and the urgent need for innovative solutions to unlock their potential.
Rangel Logistics Solutions invests R125 million in SA’s warehouse to boost AfCFTA trade
Portugal-based Rangel Logistics Solutions has announced a R125. 6 million investment in a new warehouse facility near OR Tambo International Airport, creating 160 jobs and strengthening African trade corridors. The investment forms part of the company's strategy to facilitate trade under the AfCFTA agreement and expand its presence across the Southern African Development Community
Market diversity is essential for SA's agricultural exports amid geopolitics and trade risks
South Africa's agricultural exports have grown remarkably from R22. 4 billion in 2004 to R251 billion in 2024. However, recent trade disputes highlight the risks of market concentration. This analysis examines how South Africa is shifting from European dominance to broader market diversification across Africa, Asia, and the Middle East, and why this strategy is critical for future trade resilience.
UN urges African nations to harness AfCFTA for economic resilience amid global tensions
The UN Economic Commission for Africa's latest report urges African governments to implement the African Continental Free Trade Area agreement as a strategic response to global economic fragmentation. The report highlights how the AfCFTA could raise Africa's GDP by 1. 2% by 2045, boost intra-African trade by 45%, and create opportunities in manufacturing, agriculture, renewable energy, and digital trade.
Year-ender: An awakened Africa joins hands with Global South to advance modernisation
According to the International Monetary Fund, Africa is one of the fastest-growing regions in the global economic landscape in 2024. Amid rapid and profound changes in the world, the vast continent's potential and vitality have solidified its role as a key player in shaping the future.