Tag: Albert Muchanga
The African Free Continental Free Trade Area agreement was scheduled to be operationalized on the 1st of July but due to the COVID-19 pandemic, various heads of state have agreed to a new date for what will become the continent’s biggest trade deal, CNBC Africa to Albert Muchanga, AU Commissioner for Trade and Industry on the way forward for the AfCFTA deal.
The Commissioner for Trade and Industry at the African Union, Albert Muchanga, says the union is ready for the commencement of trade under the African Continental Free Trade Agreement on the first of July this year. While speaking to CNBC Africa’s Godfrey Mutizwa, Muchanga added that the union is almost done with its work on the rules of origin. They discussed this and more on the sidelines of the 33rd African Union Summit.
As the World Economic Forum on Africa focuses on shaping inclusive growth and shared futures in the Fourth Industrial Revolution – to explore ways the continent can mitigate headwinds like xenophobia to advance trade in its shared future, Commissioner for Trade and Industry at the African Union Commission (AUC), Albert Muchanga joins CNBC Africa's Chris Bishop and Kenneth Igbomor for more.
Nigeria and Benin signed the agreement establishing the African Continental Free Trade Area (AfCFTA) on Sunday as African leaders launched the operational phase of the free-trade area which is expected to create a $3.4 trillion economic bloc for the continent. Albert Muchanga, Commissioner for Trade and Industry at the African Union joins CNBC Africa for more.
The African Union says it is currently working on digital identification across Africa to promote growth of safe digital trade. In an exclusive chat with CNBC Africa's Christy Cole at the just concluded Afreximbank Annual meetings, AU Commissioner for trade and industry, Albert Muchanga talked Africa's commitment to partnerships, digital trade and unravelled the latest issue of Africa Trade Report.
Following the conclusion of the first-ever Intra-Africa Trade Fair in Cairo, Egypt, Albert Muchanga, the Commissioner for Trade and Industry at African Union joined CNBC Africa’s Godfrey Mutizwa to highlight the gains of the event.