shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » ECA, AfCFTA Enhance Cooperation For Effective Trade Implementation

ECA, AfCFTA Enhance Cooperation For Effective Trade Implementation

by Joshua
February 19, 2025
in Featured, News

The Economic Commission for Africa (ECA) and the African Continental Free Trade Area (AfCFTA) secretariat are committed to enhancing cooperation to support the effective implementation of the AfCFTA.

This is according to a statement by the Executive Secretary, ECA,  Claver Gatete on Tuesday in Abuja.

Gatete said that the commitment was made at the signing of a Memorandum of Understanding (MoU) between both organisations during the Africa Business Forum (ABF 2025) in Addis Ababa, Ethiopia.

He said  that the agreement set the stage for closer collaboration between the two institutions to advance trade integration, industrialisation, and private sector development across Africa.

He said that the MoU established a framework for ECA and the AfCFTA secretariat to work together in key areas.

He named the areas to include market access and trade facilitation, supporting the removal of tariff and non-tariff barriers to trade.

“We have the industrial and regional value chains;  promoting industrialisation and deeper economic linkages across African economies.

“There is training and capacity building; strengthening institutional and technical capacities to implement AfCFTA policies.

“We also have customs and transit systems;  enhancing trade logistics and cross-border efficiency, and private sector development; encouraging business engagement in intra-African trade,” he said.

Gatete said that through this partnership, both institutions had committed to joint research, policy development, and technical assistance.

He said that it would ensure that AfCFTA implementation is inclusive, effective, and beneficial for all African countries.

“The implementation of AfCFTA is a transformative opportunity for Africa, but its success depends on strong institutional partnerships.

“This MoU solidifies our commitment to working with the AfCFTA secretariat to drive trade integration, enhance market access, and support Africa’s economic development,”he said.

Similarly, AfCFTA Secretary-General, Wamkele Mene, reiterated the significance of the agreement.

“This partnership will enable us to accelerate the operationalisation of the AfCFTA by leveraging ECA’s expertise in trade policy, economic modelling, and capacity building.

“Together, we can create a more enabling environment for African businesses and governments to fully utilise AfCFTA’s benefits.

“With AfCFTA aiming to create a single African market of 1.3 billion people with a combined GDP of 3.4 trillion dollars, this MoU represents a crucial step in unlocking the full potential of intra-African trade.

“The partnership will focus on developing concrete trade facilitation programmes, policy reforms, and capacity-building initiatives to ensure smooth implementation of the AfCFTA.,” he said.


Related Posts

Deleting the Gatekeepers: How Dantsoho is Coding-Out Corruption at Nigeria’s Ports

NPA Moves to Reset Port Concession Framework as Datsoho Calls for Patience on Renewal Delays

April 6, 2026
Nigerian Barge Firms Shrink from 83 to Eight as FG Orders Review

Nigerian Barge Firms Shrink from 83 to Eight as FG Orders Review

April 6, 2026
Over 180 Danish Firms Eye Nigeria’s Maritime Sector, Signal Strong Investment Confidence

Over 180 Danish Firms Eye Nigeria’s Maritime Sector, Signal Strong Investment Confidence

April 6, 2026
Tinubu Commissions NCS FOU ‘A’ Complex in Ogun, Signals Boost for Customs Modernisation, Officers’ Welfare

Tinubu Commissions NCS FOU ‘A’ Complex in Ogun, Signals Boost for Customs Modernisation, Officers’ Welfare

April 6, 2026

Latest News

Deleting the Gatekeepers: How Dantsoho is Coding-Out Corruption at Nigeria’s Ports

NPA Moves to Reset Port Concession Framework as Datsoho Calls for Patience on Renewal Delays

April 6, 2026

Nigerian Barge Firms Shrink from 83 to Eight as FG Orders Review

Over 180 Danish Firms Eye Nigeria’s Maritime Sector, Signal Strong Investment Confidence

Tinubu Commissions NCS FOU ‘A’ Complex in Ogun, Signals Boost for Customs Modernisation, Officers’ Welfare

NDLEA Intercepts Cocaine, Arrests Kingpin In Lagos

CRFFN Launches Digital Complaints Platform to Tackle Port Inefficiencies, Boost Accountability

NIMASA DG Mobereola Urges Reflection, Renewal at Easter

Easter: ANLCA Tin Can Chairman Cole Calls for Unity, Sacrifice Among Maritime Stakeholders

Easter: MWUN President-General Bunu, NLC Deputy President Adeyanju Call for Peace, Unity, End to Violence

Gateway Airport Drives Trade Growth with Cargo Capacity, Regional Air Links

CMSN Inducts 40 Professionals, Boosts Local Capacity in Marine Surveying

Lagos Moves to Tap ECOWAS Trade Potential as Private Sector Pushes for Designated Transport Hubs

kindly like our Facebook page

Health

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025
Health

Stress Management: Psychiatrist Identifies Effective Coping Mechanisms

March 16, 2026

A consultant Psychiatrist, Dr Stephen Oluwaniyi, has identified stress as a risk factor for developing mental health conditions, advising that...

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

March 16, 2026
Lemons Are Among Fruits That Have The Highest Healing Powers Of Diseases On Earth

Lemons Are Among Fruits That Have The Highest Healing Powers Of Diseases On Earth

March 9, 2026
Nigeria Reports Higher Lassa Fever Death Rate

Nigeria Reports Higher Lassa Fever Death Rate

March 9, 2026
The Big Question: Can Diabetes Be Reversed?

Some Early Warning Signs of Diabetes That You Don’t Know, But Should

March 2, 2026
Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

February 23, 2026
SHOCKING: FIIRO Links High Rates of Organ Failure, Cardiovascular Diseases in Nigeria to Local Grinding Machines

SHOCKING: FIIRO Links High Rates of Organ Failure, Cardiovascular Diseases in Nigeria to Local Grinding Machines

February 23, 2026
MONDAY INTERVIEW: Oyebamiji Did Not See The Media As Adversaries, But As Partners In Development”—Minister Oyetola

DANGER: 11% Of Nigerians Have Kidney Disease – Experts

February 16, 2026
Snakebite Envenoming, Silent Killer In Nigeria – Expert Warns

Snakebite Envenoming, Silent Killer In Nigeria – Expert Warns

February 9, 2026
World Cancer Day: Cancer Not Always Death Sentence  Says Oncologist

World Cancer Day: Cancer Not Always Death Sentence  Says Oncologist

February 9, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition