Africa Business World 

AfCTFA: Why Africa needs robust fraud management system

– – Emmanuel Obinne, West Africa Head of Growth and Partnerships at BPC Banking Technologies is advocating for a robust payment system for trade under the African Continental Free Trade Area. This according to him is crucial in averting any attempt by fraudsters to take advantage of loopholes in the various payment systems. He was speaking in an interview on the new approach by fraudsters in the wake of the COVID 19 pandemic. “Iam actually excited about the Free Trade Area being set up and here we are talking about…

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Africa Business Ghana World 

The African Continental Free Trade Area is now operational

– – The much anticipated African Continental Free Trade Area (AfCFTA) has become operational effective January 1, 2021 after months of delay due to the coronavirus pandemic. Officials of the secretariat in-charge of executing the trade zone had promised the deal will be operational on July 1, 2020. But when the Covid-19 hit hard, it affected plans and forced the setting of a new date for operating the deal. African Union Heads of State and Government during a virtual meeting of the 13th Extra Ordinary Session of the Assembly of…

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Africa World 

AU commission says ‘some military coups are inevitable’

The African Union Commission Deputy Chairman Kwesi Quartey has said that although the Union hopes coups do not take place, some of them are inevitable. The Ghanaian diplomat told DW that “we are concerned. But we also recognize that the military is a backbone of the state and in a situation of chaos normally the military will not sit down and watch the political situation fall apart. So, some of it is inevitable”. But the deputy AU commission chief reminded the world that despite a push for democracy in Africa,…

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Africa Business East Africa Rwanda World 

Rwanda to host global business forum on AfCFTA

Rwanda is set to host a major investment forum on August 9 with focus being placed on the Africa Continental Free Trade Area (AfCFTA) and how to attract Foreign Direct Investments. The forum is dubbed the Golden Business Forum and is set to host over 600 investors and delegates from across the world. Set to take place at Rwanda’s Radisson Blu and Convention Center it will seek to connect Africa Continental Free Trade Area (AfCFTA) to the rest of the world. Rwanda Private Sector Federation (PSF) is the organizing body.…

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