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    BREAKING NEWS
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    Africa Continental Free Trade Area Penman Notified the Postponement of the AfCFTA’s Enactment Clearance

    Posted On 30 Apr 2020
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Bangura–

    Great Africa
    Photo Credit: AU

    NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leone- Wamkele Mene, the scribe of the Africa Continental Free Trade Area (AfCFTA) disclosed the postponement of the undertaking of the AfCFTA authorization slated for July 1, 2020, recounting the Novel Coronavirus (COVID-19) pandemic.

    “It is obviously not possible to commence trade as we had intended on July 1st, 2020 under the existing conditions. Mene stated.

    “I think that’s the credible thing to do. I don’t think it would be appropriate when people are dying to be concentrated on meeting the July 1st, deadline. Rather, all governments should be permitted to direct their efforts on combatting the pandemic and saving lives at home.”

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    Mene did not publicize the targeted enactment date, but there were healthy suppositions that, the new outset date; might be January 2021. “The political obligation continues, the political will remains to integrate Africa’s market and to implement the agreement as was intended,” he noted.

    The AfCFTA was facilitated as having the capability to bring about $3.4 trillion intra-African trade with 1.3 billion people across Africa and consist of the largest new trading federation since the World Trade Organization was established in 1994.

    According to the Head, Division of International Economics Relations, Nigeria Institute of International Affairs (NIIA), Dr. Efem N. Ubi, the postponement of the take-off date was in order to encourage African countries focus fully on surviving the threat from COVID-19.

    “The emphasis should be on strengthening our economy and discern how we can gain a victory the war against COVID-19 by governing what we have. And the most valuable thing for the post COVID-19 economy is for African nations to focus on the kind of pedagogy that will promote science and technology that will traverse the landmass from a primary producer to a manufacturing economy. The focus onward should be science, technology, agriculture and health so that Africans can produce and have things to trade among themselves,” Ubi asserted.

     

     

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    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com  .Africa President of the year will be announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

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    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

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    Current Outbreak of Coronavirus (COVID-19) Disease- Coronavirus advisory information, World Health Organization & United States, Centers for Disease Control and Prevention

    Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV). A novel coronavirus (nCoV) is a new strain that has not been previously identified in humans.

    Coronaviruses are zoonotic, meaning they are transmitted between animals and people.  Detailed investigations found that SARS-CoV was transmitted from civet cats to humans and MERS-CoV from dromedary camels to humans. Several known coronaviruses are circulating in animals that have not yet infected humans.

    Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.

    Standard recommendations to prevent infection spread include regular hand washing, covering mouth and nose when coughing and sneezing, thoroughly cooking meat and eggs. Avoid close contact with anyone showing symptoms of respiratory illness such as coughing and sneezing. Source- WHO

    Websitewho.int/emergencies
    Coronavirus Q&A, World Health Organization
    Websitewho.int/news-room
    Coronavirus condition overview, World Health Organization
    Websitewho.int/health-topics
    United States, Centers for Disease Control and Prevention
    cdc.gov/coronavirus/2019-ncov 

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    $7.9 Billion in Exports glid in 2021 from the East African Community (EAC) Bloc to Africa amidst the Novel Corona Virus (COVID -19) Consequence

    President William Ruto of Kenya has Urged fellow African Rulers to address on Agribusiness beyond Production to Value Addition and Manufacturing

    Africa’s Economic Growth to Outpace Global Forecast in 2023-2024, AfDB Report

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    • $7.9 Billion in Exports glid in 2021 from the East African Community (EAC) Bloc to Africa amidst the Novel Corona Virus (COVID -19) Consequence
    • President William Ruto of Kenya has Urged fellow African Rulers to address on Agribusiness beyond Production to Value Addition and Manufacturing
    • Africa’s Economic Growth to Outpace Global Forecast in 2023-2024, AfDB Report
    • Growers in Uganda to succeed from Nigeria’s AFEX’s Tech-Enable Products having expanding its Products Exchange Business in Nigeria’s AFEX from Kenya
    • Nigeria Sets Quality Control and Assurance Laboratory for the Oil and Gas Industry

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