Central Africa: Greener pastures identified for trading in services than in goods
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Central Africa
Central Africa: Greener pastures identified for trading in services than in goods
Douala, 05 December 2019 (ECA) – Trade officials from all of ECCAS’ eleven-member countries as well as strategic service providers in Central Africa have been provided with the tools and techniques for consolidating specific lists of services on which their governments will commit to remove tariffs and other restrictions as stipulated in the Protocol on Trade in Services within the framework agreement on African Continental Free Trade Area (AfCFTA).
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Cameroon Minister urges experts to render big data profitable for Africa
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Cameroon Minister urges experts to render big data profitable for Africa
Yaounde, 3 Decembers 2019 (ECA) – “By 2030, revenues generated by big data in Africa will reach 10 billion dollars, but how much of this will stay in Africa, how many of our youths will play a leading role in the creation of this wealth as a function of their skills and to what extent will the big data economy transform our private sectors and productivity” quizzed Cameroon’s Minister of Posts and Telecommunications Minette Libom Li Likeng today as she opened a two-day continental meeting on these issues, convened in Yaounde, by the UN
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ECCAS countries to prepare lists for continental trade in services under AfCFTA
Yaounde, 02 Dec. 2019 (ECA) – The UN Economic Commission for Africa and the ECCAS General Secretariat have convened National experts from the eleven ECCAS Member States to a three-day regional workshop to prepare the subregion’s comprehensive lists of services to be tabled for unhampered trade once borders open up under the African Continental Free trade Area regime by July 2020.
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Cameroon readies strategy for partaking in Africa's common market
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Cameroon readies strategy for partaking in Africa's common market
Yaounde, 29 Nov. 2019 (ECA) – Cameroon’s first five-year strategy on which to anchor its gainful participation in the African Continental Free Trade Area (AfCFTA), expected to go fully operational by 1 July 2020 when borders will actually open up, is being finalised.
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AfCFTA Trade in Services review for Central Africa (TBC)
The main objective of this regional workshop is to support and technically support the ECCAS Member States in the drafting of convergent regional specific lists of commitments, consistent with the regulatory frameworks, in the five priority sectors of services (financial services, transport, telecommunications / ICTs, professional services and tourism). The lists would be submitted to the AU by the start of 2020.
More specifically, the meeting will:
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Towards Cameroon’s final sprint into Africa’s free trade area
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Towards Cameroon’s final sprint into Africa’s free trade area
Yaounde, 5 Nov. 2019 (ECA) – Cameroon’s comprehensive plan for tapping into a 1.2 billion people Africa-wide market and a more than US$2.5 trillion continental GDP, in the advent of the African Continental Free Trade Area (AfCFTA), will come under review from 11 to 28 November in back-to-back sessions in Douala and Yaounde.
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